man riding a snail wearing a flag of the U.S. In 2018, 68 percent expected the pace of mergers and acquisitions to continue rising, but this year it's fallen — why? (Photo: Shutterstock)

The pace of mergers and acquisitions might finally be slowing, according to RIAs and fee-based advisors, despite the fact that in 2018 RIA M&As hit a new record for the fifth consecutive year.

That's according to the latest iteration of the Advisory Authority study from Nationwide Advisory Solutions, formerly known as Jefferson National, which finds that RIAs and fee-based advisors expect the breakneck pace to slow over the next 12 months.

In 2018, 68 percent expected the pace of mergers and acquisitions to continue rising, but this year it's fallen nine percentage points to 59 percent.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.