Industry Pulse
InauguralEditorial slate forming — four pillars · five sessions · Issue 01 launching 2026●M&AQ1 2026 RIA deals ↑ 142 — shattering the all-time quarterly record · $1.67T AUM transacted●Succession$10.4T of advisory assets will transition in 10 years — 37% of advisors retiring · 26% unsure of their succession plan●SECDecember 2025 Risk Alert — Marketing Rule testimonials & third-party ratings flagged for heightened exam scrutiny●Alts94% of HNW investors now allocate to private & alternative assets — private markets now ~28% of their net worth●FINRA2026 priorities — GenAI governance + off-channel communications top the supervisory agenda●Wealth Transfer$124T changes hands through 2048 — women set to receive the majority●SECMarketing Rule sweep — 9 RIAs charged $1.24M for unsubstantiated claims · testimonial & endorsement disclosures top examiners' list●M&A2025 closed at 466 RIA transactions — up 27% YoY · PE-backed consolidators absorbed the bulk●Demographic~109,000 advisors — 38% of headcount — set to retire within a decade · 55+ advisors control 57% of assets●AltsU.S. private credit ~$1.3T (~$3T globally) · interval & tender-offer funds top $233B · semi-liquid vehicles entering mainstream RIA portfolios●InauguralEditorial slate forming — four pillars · five sessions · Issue 01 launching 2026●M&AQ1 2026 RIA deals ↑ 142 — shattering the all-time quarterly record · $1.67T AUM transacted●Succession$10.4T of advisory assets will transition in 10 years — 37% of advisors retiring · 26% unsure of their succession plan●SECDecember 2025 Risk Alert — Marketing Rule testimonials & third-party ratings flagged for heightened exam scrutiny●Alts94% of HNW investors now allocate to private & alternative assets — private markets now ~28% of their net worth●FINRA2026 priorities — GenAI governance + off-channel communications top the supervisory agenda●Wealth Transfer$124T changes hands through 2048 — women set to receive the majority●SECMarketing Rule sweep — 9 RIAs charged $1.24M for unsubstantiated claims · testimonial & endorsement disclosures top examiners' list●M&A2025 closed at 466 RIA transactions — up 27% YoY · PE-backed consolidators absorbed the bulk●Demographic~109,000 advisors — 38% of headcount — set to retire within a decade · 55+ advisors control 57% of assets●AltsU.S. private credit ~$1.3T (~$3T globally) · interval & tender-offer funds top $233B · semi-liquid vehicles entering mainstream RIA portfolios●
