Merger Mania: Why Consolidation in the RIA Space is About to Explode

Posted on April 2, 2019

The steady increase in merger and acquisition activity in the registered investment advisory space over the past six years might seem impressive to some, but for industry players like Ron Carson, the party is just getting started.

“I used to say, we’re at the first pitch of the first inning, regarding consolidation in the RIA space, but now I believe it’s more like the game hasn’t even started yet,” said Mr. Carson, founder and CEO of Carson Group, an $8.4 billion firm that has made mergers and acquisitions a foundation of its growth strategy.

“In seven years or less, you will see a third less firms than we have today in this industry,” he said.

Read the full article on InvestmentNews.