Advisor M&A Drop 20% In Second Quarter, Average Deal Size Hits All-Time High FacebookTwitterLinkedInEmail
July 7, 2020 by Christopher Friedmann
Before the onset of the coronavirus crisis and the ensuing economic downturn, the M&A space was reaching all-time highs on a seemingly daily basis. The pandemic, however, promptly put an end to deal-making.
The prompt turn in the Advisor M&A market left various firms with questions about what to do next.
Now we finally know just how sharp the cliff for M&A was.
ECHELON Partners has now released their Q2 2020 RIA M&A Deal Report, which shows that M&A activity has plummeted by 20% from Q1. However, the average deal size has catapulted to an all-time high.