Berkshire’s Jon Stern Discusses The Drivers Of Wealth Management M&A
Larry Roth, CEO of Wealth Solutions Report, speaks with Jon Stern, Partner at Berkshire Global Advisors, about the forces shaping mergers and acquisitions across wealth management. Drawing on more than four decades in financial services, Stern examines the current transaction environment and the expanding range of firms pursuing deals. Their conversation places today’s activity in the context of an industry where scale, capital and long-term growth strategies continue to influence both buyers and sellers. The episode explores how private equity-backed acquirers, independent RIAs and other institutions approach the market, as well as the changing models used to combine and operate advisory businesses. Roth and Stern also address the factors that can affect valuation, the distinction between headline pricing and transaction structure, and the questions firm owners should consider when evaluating a potential partner or investment banker. Together, these themes offer a concise view of the strategic decisions behind wealth management transactions and the preparation required before entering the market. This episode is sponsored by Ascentix Partners. Wealth Solutions Report can be reached at info@wealthsolutionsreport.com.
