Summary: Propelled by breakaway brokers, interest from banks and wealth management success, the growth forecast for advisory firms this year is robust, according to one of the industry's leading investment bankers.
 The prospects for organic growth for RIAs and IBDs have never been greater. We expect to see more lift-out and advisors turning independent activity in 2015. The ability to build tangible equity value is also becoming more attractive to the advisor, especially given the spread between ordinary income and long-term capital gains rates."Liz Nesvold, managing partner, Silver Lane. |
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