Tax hikes to ‘light a fire’ under red-hot market for RIA deals
Louis Diamond Quoted – By Lynnley Browning, FinancialPlaning – The acquisition frenzy for independent advisory firms may be about to get even hotter. That’s the thinking of some industry dealmakers, who predict that President Biden’s proposal for tax increases on the wealthy will pour fuel onto the already-hot market of deals to acquire RIAs.
