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M&A made out of interlocking blocks (Photo: Shutterstock)

Two-thirds of advisors and financial professionals in a new study from Nationwide said they expect M&A activity in the RIA sector to increase over the next 12 months. Fifty-four percent expect M&A to positively affect their practices this year, up from 42% in the 2020 study.

“Our seventh annual Advisor Authority study makes it crystal clear that RIAs and financial professionals in the wirehouse and broker-dealer channels are more bullish about M&A than we’ve seen in years,” Craig Hawley, head of Nationwide Annuity Distribution, said in a statement. 

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