There were approximately 181 total transactions in 2018 more than doubles the 90 deals recorded in 2013, according to Echelon Partners’ fourth quarter 2018 RIA M&A Deal Report. It is the sixth straight record year in the marketplace
In addition, the 44 deals occurring during the fourth quarter were the highest fourth-quarter count since the firm began tracking that data.
During the fourth quarter of 2018, there were eight deals of $1 billion or greater, with the largest transaction being Robert W. Baird & Co.’s acquisition of Hilliard Lyons, expanding its $200 billion assets under management by 25 percent and adding 380 advisors across 11 states.
