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Schwab Advisor Services Reports Independent RIA Mergers and Acquisitions Activity for First Half of 2011

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Schwab Advisor Services Reports Independent RIA Mergers and Acquisitions Activity for First Half of 2011 Powered By Docstoc
					
				
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posted:8/17/2011
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Description: SAN FRANCISCO--(EON: Enhanced Online News)--Schwab Advisor Services, a leading provider of custodial, operational and trading support for nearly 7,000 independent registered investment advisory firms (RIAs), today released its industry-wide data on RIA mergers and acquisitions activity for the first half of 2011. According to the data, there were 27 M&A transactions involving RIAs, representing approximately $20.8 billion in total assets under management (AUM) acquired in the first two quart a style='font-
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