Articles
After month in COVID-19 hell, Charles Schwab spends $27 million to placate staff, RIAs and investors -- an amount dwarfed by $37 million spent to keep three M&A deals chugging ahead
The San Francisco broker coughed up cash to quell rare internal strife in March as workers faced battle conditions -- and couldn't all shelter in place -- as trading exploded, retail calls spiked 16%…
RIA Valuations, Financing Options Remain Strong: Echelon
The wealth management sector remains “super healthy” despite the pandemic, managing partner Dan Seivert says. RIA valuations and the amount of available debt financing for M&A transactions…
WEBINAR: Paycheck Protection Program and the Value of a Community Bank Partner
As financial advisors receive varying receptivity from their respective banks for Paycheck Protection Program loans, SkyView Partners hosted a webinar on the value of having a community bank partner.…
COVID-19 throws a curve ball at RIA M&A market, gut-punching valuations and causing fence-sitters to resolve to get the hell out, but Q1 prices hold their own
M&A rainmakers hedge their bets on how deep COVID-19 will drive cuts to RIA sale prices, although first quarter market has been stable. The COVID-19 pandemic sweeping the world took RIA valuations…
M&A Loan Requests Spike
SkyView Partners, which matches RIAs and lenders, has seen a surge in loan requests from firm principals mostly focusing on partial sales. WealthManagement.com - The coronavirus may have moved many…
How Financial Advisors and RIAs Can Benefit From the CARES Act
Truelytics.com - The Coronavirus Aid, Relief and Economic Security (CARES) Act, passed into law on March 27, 2020, is intended to provide emergency relief to individuals and businesses to help…