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What An Advisor Group-centerbridge Deal Means For Ibds | Thinkadvisor

by thinkadvisor.com posted 1month ago 20 views
News that Centerbridge Partners may be in talks to buy the Advisor Group for more than $2 billion is a strong indicator that the advice business remains a darling of private equity, according to one industry watcher. But with talk of a recession and market downturn on the horizon, these deals could find themselves in stormy weather, another observer argues. “The independent broker-dealer market remains popular with PE firms,” said Chip Roame, head of the consulting group Tiburon Strategic Advisors.

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