Equity Analysis /
United States of America

US : Focus Financial Partners Inc. - FOCS | 2020 RIA M&A Review - Competition for Deals Continues to Accelerate

    Michael Vinci
    David Farnum
    20 January 2021
    Published byCGS-CIMB

    Key TakeawaysAnnounced RIA M&A, as measured by assets under management, grew by 61% in 2020.Focus Financial saw a modest increase in its acquired AUM in 2020, but Focus's share of industry-wide acquired AUM fell to 12% in 2020, down from 17% in 2019 and 38% in 2018. We believe growing competiti