Fidelity: Top 20 Acquirers Losing M&A Market Share

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. The top 20 registered investment advisor acquirers are accounting for a smaller share of the total M&A market as complex transactions and new entrants erode their dominance, according to Fidelity Investments’ most recent RIA deals report. The report, which tracks publicly available deal data on a quarterly basis, noted that the largest 20 acquirers accounted for 57% of deals in 2025, down from ...