A survey of RIAs that use TD Ameritrade as their asset custodian found that 82% expect mergers and acquisitions to rise in the next 12 months. More than half, 53%, say they are looking to make one or more acquisitions.

Driving these deals, advisors say, are concerns related to succession planning, 54%, as well as scalability, 35%, and regulatory pressure, 7%. At the same time, though, most RIAs — 68% — do not want to sell or merge their firm.  

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