By the Numbers

The numbers desk. PWD's own tracking, rendered as analysis a reader can act on. 19 stories this week · 114 total.

Latest from By the Numbers

Wealth managers announced 156 RIA deals, closed 50 in 90 days

Steward's Jim Gold says volume may run five times the reported count; Mariner seeks a $150 million term-loan add-on, taking debt to $1.3 billion.

By PWD EditorsOct 26, 9:05 p.m. ET

$1.9BCapital lined up at the priced end of the RIA marketCompany announcements · PWD reportingPWD Analysis

Steward CEO Jim Gold says RIA deal volume may run five times reported

His own firm's 12-month mix implies about 1.7 times the reported count; announced comps run from $330 million to $1 billion.

19 hr ago

−48%Credit fundraising fell 48% while hard assets rose 39%Stanger · through September 2026PWD Analysis

Credit fundraising falls 48% as hard assets outraise it by $5.3B

Private credit assets still grew 17% to $4.1 trillion, and one-sixth of surveyed funds report non-accruals above 5%.

19 hr ago

17%of wealth firms ask for referrals as a stepInvestmentNews

F2 survey: 17% of wealth firms ask for referrals as a step

F2 says growth improved while client-acquisition tactics changed little; the surveyed firms average about $83 billion in assets each.

19 hr ago

Long reads

Original analysis from PWD Editors, built from our data and many sources.

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The Week in Wealth

Wealth firms bought capacity, not size, in a 19-deal week

A $714 million median disclosed deal, $6.8 billion of moving advisor books and Mariner's $150 million loan add-on show financing and integration setting the pace.

5 min readOct. 26, 2026

The Week in Wealth

The Week in Wealth: Consolidation Runs on Debt, Teams and Metered AI

The week's deal, movement and flow data show consolidation and recruiting still running, but leverage, custody minimums and metered vendor costs are shifting the bill to RIAs.

6 min readOct. 26, 2026

PWD Deep Dive

A buyer's deal pipeline is not collateral for an RIA sale

Wealth managers announced 156 deals and closed 50 in 90 days. Sellers should price the buyer on closes, committed capital and who stays.

8 min readOct. 26, 2026

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