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…
WEBINAR: CARES Act & Paycheck Protection Program
With the passage of the Coronavirus Aid, Relief and Economic Security (CARES) Act and the Paycheck Protection Program (PPP), financial advisors and many of their clients can qualify for assistance…