Over the last five years, private equity has become a driving force in the Registered Investment Advisor (RIA) sector—and it’s not slowing down. PE-backed platforms like CAPTRUST, Cerity Partners, and Creative Planning are rewriting the…

If the current wave of RIA consolidation feels familiar, it should. We’ve seen this before—in insurance distribution. Over the past two decades, private equity transformed a fragmented insurance landscape into a network of scaled, institutional…

RIA founders considering a transaction often ask the same question: “What’s my firm worth?” In 2025’s active deal market, valuation isn’t just about assets under management—it’s about what drives durable value. Here’s what sets premium deals apart: Scale…

In today’s dynamic M&A landscape, RIA founders face a critical decision: what type of partner best aligns with your goals for liquidity, control, and growth? With more options than ever, selecting the right structure can…

A typical purchase agreement includes language like this: Section 1.1 Purchase Price This formula reflects a common M&A mechanism: the working capital purchase price adjustment (PPA). While it may look like a technical accounting footnote,…