Since the consolidation of advisory practices began to heat up in early 2018, there has been a steady increase in buyer demand, competition for great practices, strong deal terms, and improving buyer platforms and growth engines. The meeting of market conditions and appetite has led to the calendar year of 2021 becoming the busiest period in retirement advisory firm M&A history, with 47 deals already completed as we enter the fourth quarter. As the largest and most active acquirers are increasingly present in local markets, the broader advisor community needs to understand the prevailing forces driving these trends and what to expect as we enter 2022.

During is live webinar, our expert panel, representing multiple industry perspectives, will discuss:

• Drivers of retirement and wealth industry consolidation
• Best practices from active acquirers
• Impacts to independent firms
• Opportunities for building firm value from within

This webinar is provided for informational purposes only and should not be considered investment advice or an offer for a particular security or securities. The views and opinions expressed by the speaker are those of his or her own as of the date of the recording, and do not necessarily represent the views of State Street or its affiliates. Any such views are subject to change at any time based upon market or other conditions and State Street disclaims any responsibility to update such views. These views should not be relied on as investment advice, and because investment decisions are based on numerous factors, may not be relied on as an indication of trading intent on behalf of State Street. Neither State Street nor the speaker can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Please consult your tax or financial advisor for additional information concerning your specific situation. This video cannot be used for commercial purposes, and should only be used in the specific countries as restrictions exist with some products and services marketed globally.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA’s express written consent.

All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

© 2021 State Street Corporation – All Rights Reserved.

3909702.1.1.AM.RTL

Information Classification: General

EXP: 11/30/2022