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Cerulli: Large IBDs Get Even Bigger as Consolidation Reaches New Heights
Yahoo Finance· 2025-10-02 18:43
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. As much as the industry talks about the M&A happening in the registered investment advisor space, it’s the independent broker/dealer channel that’s experiencing the most consolidation, according to a new report by Cerulli Associates. And that means the largest firms are getting even bigger and controlling a greater share of advised assets. Cerulli found that the IBD channel now accounts for near ...