Despite a red hot M&A environment in RIA land, the cost to buy a firm is not yet excessive, argued participants at Echelon Partners recent Deals & Dealmakers Summit. Still, a market downturn could slash valuations dramatically.
The 414-foot vessel was the fourth-largest in the world when it was built in 2003. It has gone through an eight-month refit and features 13 cabins two elevators, an eight-person submarine, two helipads and garage space for helicopters and an SUV.