The primary reasons for exploring M&A strategy in 2023 are the acceleration of firm growth and/or the acquisition of new talent. RIAs and Dually Registered firms are significantly more likely to pursue M&A to accelerate the growth of their firms than are remaining firms. In a recent study conducted by WealthManagement.com, 70% of participants have explored a transaction in 2022. These transactions consisted of acquisition, sale, or merger on some level.