CityWire: Jim Cahn Featured in “ ‘A Shift in RIA Dealmaking’: January Data Shows Cracks in M&A Market”

Jim Cahn, Chief Investments and Business Development Officer at Wealth Enhancement Group was featured by CityWire in an article titled “‘A Shift in RIA Dealmaking’: January Data Shows Cracks in M&A Market.”

“Terms have stretched out. So now, instead of seeing a retention payment on “X” date, it’s “X” plus so many months. Or, the ranges on that earnout are higher,’ Cahn said. ‘I think that sellers aren’t ready to accept that multiples have gone down, and so it’s sort of like — I hate to say it — a shell game.”

Access the full article authored by Ian Wenik here.