Want to create an interactive transcript for this episode?
Podcast: DealQuest Podcast with Corey Kupfer
Episode: Episode 220: The Art of Balancing Market Conditions and Client Motivations in Deals with Corey Kupfer
Description: In the wealth management industry, deals have been reaching record-breaking levels in recent years; however, a recent DeVoe report showed a significant drop in deals in October 2022, which raised concerns among industry professionals. Despite this report, I personally did not observe any impact on deals at the time. Valuations were still holding strong, and deal structures were simply adjusting by requiring less upfront investment and more in the back end. This allowed sellers to still receive full value for their assets. Despite this dip in the deal market, the overall deal flow was still strong, and valuations remained high.<...