Global Wealth Firms Spend $9.42 Billion on M&A Deals

Global wealth management firms engaged in 65 merger and acquisition deals from the beginning of 2011 to the end of the third quarter of 2012, according to the 2012 Wealth Management Deal Tracker released today by Scorpio Partnership.  During that 21-month period, $635 billion in assets under management changed hands, or 4% of all assets currently handled by the global wealth management industry.

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