Jon Beatty, Senior Vice President, Client Development For Schwab Advisor Services. (Photo: Business Wire)

The Charles Schwab Corporation (NYSE:SCHW):
Jon Beatty, senior vice president, Client Development for Schwab Advisor Services. (Photo: Business  ...

Jon Beatty, senior vice president, Client Development for Schwab Advisor Services. (Photo: Business Wire)
WHEN       April 18, 2012

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


Schwab’s M&A data focuses on investment advisory firms that predominantly serve high net worth retail investors, firms with at least $50 million in AUM and breakaway brokers from wirehouses who received consideration for joining an RIA.


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 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.


Additional information and new transitions content are available at 1

Jon Beatty, senior vice president, Client Development for Schwab Advisor Services, is available to discuss the M&A data and industry trends.


Anita Fox

Charles Schwab

(415) 667-1308


Sarah Gormley

The Neibart Group

(718) 875-2122

About Charles Schwab

The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of financial services, with more than 300 offices and 8.6 million client brokerage accounts, 1.52 million corporate retirement plan participants, 801,000 banking accounts, and $1.83 trillion in client assets as of March 31, 2012. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC,, and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides trust and custody services, banking and mortgage services and products. More information is available at and

All data compiled and analyzed by Schwab Advisor Services. Data reflects firms being sold with assets under management exceeding $50 million between 1/1/12 through 3/31/12.

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