While the number of mergers and acquisitions between investment advisors this year has kept up with the fast pace of 2000, the dollar amounts of those deals is down dramatically.

The deal value of the 38 M&As announced in the first half of last year totaled $8.8 billion, according to SNL Securities, a financial research company in Charlottesville, Va. So far this year, 37 deals have been announced, but with a total deal value of only $4.2 billion, according to SNL.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.