The market to acquire registered investment advisor firms has been red-hot for almost a decade, with hundreds of firms bought and sold each year. But the mergers and acquisitions frenzy has its skeptics, particularly among broker-dealer executives, who express alarm at the heady valuations some RIAs continue to fetch.

Add Jamie Price, CEO of the giant broker-dealer network Osaic Inc., to the group of those skeptical about the prices some private equity investors are paying to acquire RIAs.

“I think there’s going to be a day of reckoning in the RIA space,” Price said. “Will there be more RIAs for sale than there are buyers at the trough?”

Read more at InvestmentNews.com.

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. We make no representation as to the completeness or accuracy of information provided at these web sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.