Financials Deals

April 16th - April 30th FIG M&A Activity



A total of $118bn of AUM was transacted in Q1 of 2021, marking one of the highest quarters in terms of transacted AUM in RIA history. The average AUM of sellers averaged approximately $1.03bn. This illustrated a slight increase from 2020, but is closely approaching the highest average in history of $1.06bn. Read here to learn more about Q1 2021 M&A statistics for the RIA industry and what many expect to see in Q2 2021.

 

 

On April 27th Creative Planning announced the acquisition of Castle Wealth Advisors, a $320mm AUM RIA located in Indianapolis. This transaction is significant as Castle Wealth specializes in providing business owners bespoke business valuation and succession planning services, a growing need among high-net worth clients. This acquisition is another example of RIA acquirers expanding their service offerings to remain competitive through inorganic activity. Read here to learn more about the deal and Peter Mallouk’s rationale behind the acquisition.

 Source: Mergermarket 

About Republic Capital Group

Republic Capital Group specializes in providing investment banking services to the RIA, Asset and Wealth Management communities.  The firm serves clients throughout the country and clients include a number of industry leaders.


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