This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Percentage Of M&A Transactions By Buyer Type As Of June 30, 2012 (Graphic: Schwab Advisor Services)

Schwab Advisor Services released today industry-wide data on independent registered investment advisor (RIA) mergers and acquisition activity for the third quarter of 2012. The results are available and include details of total transactions and average deal assets under management for the third quarter.

Highlights include:
  • The year-to-date assets under management (AUM) for M&A deal activity reached $42.3 billion at the end of the third quarter, which nearly eclipses last year’s AUM total of $43.9 billion;
  • Ten (10) transactions were completed in Q3, totaling approximately $6.1 billion in AUM;
  • National acquiring firms continue to be the dominant buyer category, closing seven (7) deals this quarter, bringing the total transactions completed up to nineteen (19) for the year.

“The uncertainty in the markets and the upcoming presidential election has led to a decline in M&A activity this past quarter,” said Jon Beatty, senior vice president, sales and relationship management, Schwab Advisor Services. “While national acquiring firms remain dominant players, RIAs as acquirers have been sitting on the sidelines waiting for the right opportunity."

Schwab began tracking M&A transactions in 2004. In addition to providing M&A data, Schwab has a number of services to support advisors through the many types of transitions they may encounter.

Schwab Advisor Transition Services

Schwab Advisor Transition Services is designed to support advisors through each phase of the transition process, including goal setting, evaluating options (internal succession, external sale, and merger or acquisition) and executing a transaction plan.

Schwab’s Transition Services includes Schwab’s Mergers & Acquisition Listing Service, an online database offered to advisors that custody with Schwab Advisor Services. The service connects advisor firm buyers and sellers and enables advisors to maintain anonymity while soliciting interest and collecting information from other advisor firms on acquisition, mergers, or sales. Buyers also can search for investment professionals with books of business who would like to join an RIA firm.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs