Jim Cahn, Chief Investments and Business Development Officer at Wealth Enhancement Group, was featured by CityWire in an article titled "What’s Ahead for RIA M&A? Top Players Discuss."
"I thought multiples were going to collapse for seven years, so I have no idea when it’s going to happen, and if the 10-year going from 1.5% to 4.25% doesn’t cause multiples to pop, I don’t really know what would,’ he said. ‘But I do think that deals are reflecting a higher cost of capital, and that will make this space more sustainable."
Access the article written by Ian Wenik here.