Advice industry set for large wave of acquirer consolidation

The research firm's latest report - entitled Consolidators and Aggregators - looks at the emerging and expected mergers and acquisitions trends in the advice space. Its research predicts a consolidation of acquirers later this year, with the variety of adviser motivations for selling or partially selling their firm a catalyst in how consolidation trends are moving. "What is interesting from our latest research is that all firms are looking for scale and cost efficiencies," managing director Heather Hopkins said. "Aggregators are motivated by growth, either for geographic expansion or ...