In episode nine of The Modcast, hosted by Gary Roth and Jason Gordo, they discuss the how private equity has changed the RIA industry over the last decade or so.

Episode Highlights:

• Private Equity's Role in RIA Space
• Impact on Valuation and Transactions
• Professionalization and Operational Excellence
• Scalability and Stability
• Industry Growth and Opportunities

Episode 005: https://youtu.be/LIx-CtFSA0g

Fidelity Source: https://clearingcustody.fidelity.com/app/literature/view?itemCode=9919281&renditionType=PDF

DeVoe & Co Source: https://static1.squarespace.com/static/5410ec1be4b0b9bdbd0cc342/t/67647b5a16b360607c495b19/1734638426541/Press+Release+-+December+Deal+Activity+Alert+FINAL+FINAL+12+19+24.pdf

S&P Global Source: https://www.spglobal.com/market-intelligence/en/news-insights/articles/2025/2/private-equity-deals-in-asset-management-sector-hit-3year-high-87617815

Echelon Partners Source: https://7475083.fs1.hubspotusercontent-na1.net/hubfs/7475083/ECHELON%202024%20RIA%20M%26A%20Deal%20Report.pdf

American Investment Council Source: https://www.investmentcouncil.org/new-ey-report-shows-private-equity-strengthens-u-s-economy-with-more-jobs-higher-pay-and-increased-investment/#:~:text=WASHINGTON%2C%20D.C.%20%E2%80%93%20Private%20equity%20continues,percent%20of%20total%20U.S.%20GDP.