Ultra-rich boom fuels M&A frenzy for advisory firms
![frenzy](https://s32566.pcdn.co/wp-content/uploads/2021/09/Merge-951x634.jpg.optimal.jpg)
The deals are being driven by the growing legions of rich individuals who need financial advice and the growing shortfall in the ranks of financial advisers.
Almost from the day he started his wealth management firm in 2014, Russ Charvonia would get unsolicited emails offering to buy the company. He’d send them directly to his trash folder.
But like hundreds of other managers this year, Charvonia eventually took the plunge. Last month, his Ventura
Learn more about reprints and licensing for this article.