RIA M&A activity remained steady in June 2026. Announced transactions moderated from May 2026 but increased from June 2025, reflecting continued, broad-based dealmaking. The market continues to reflect a large population of founder-led advisory firms navigating ownership transitions, with many principals weighing liquidity, succession, and long-term continuity for clients and employees. For these firms, affiliating with an established platform offers access to institutional resources, technology and compliance infrastructure, and centralized support that can be difficult to build independently.