Goldman Sachs Investment Banking Pitch Book
Goldman
Sachs
Activity Remains Robust in 2022, But off of Highs INVESTMENT BANKING
Despite Market Volatility
DIVISION
2021 RIA
Acquisition
Transactions
Wealth
Enhancement 17
Group
MERCER 16
ADVISORS
FINANCIAL 13
FOCUS 12
FINANCIAL PARTNERS
BEACON POINTE 11
CAPTRUST 8
100 Transaction
milestone
36
41
Record M&A Activity...
Annual RIA Transactions
2021 was 52% above 2020
78
79
90 101
131
Source: DeVoe & Company 2022 Third Quarter and 2021 Fourth Quarter RIA Deal Books
159
242
2013 2014 2015 2016 2017 2018 2019 2020 2021
...Despite Recent Market Volatility
Trailing Four-Quarter Average
3+ Transactions in Q3
MERCER
ADVISORS
32 32
Quarterly RIA Transactions
Strongest Q3 on Record
Wealth
Enhancement
Group
Mariner
WEALTH ADVISORS
34
33
35
MERIT
32
18
44
CONFIDENTIAL
48
58
65
76
22
67 66
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68
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2019
2020
2021
2022
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