M&A deals in the RIA space jumped nearly 50% in average value to a record $1.7 billion in the fourth quarter, according to Charles Schwab.

The period also saw records broken for the number of transactions in a year (94) and the overall value ($135.5 billion), according to the quarterly report released this week by Schwab Advisor Services. The $1.4 billion average deal value for 2016 surpassed every year since 2009.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access