For firms that made it through the downturn relatively unscathed, the increase in mergers and acquisitions in the wealth management sector will give them an opportunity to sink or swim.
As sentiment among wealth managers shifts, more capital has become available and companies right-size, banks, trust companies, wealth managers, and bank brokerages that are in a strong position to expand into a new market and acquire new units, will do so. But it is also the moment when companies without the capital – and stability - will get left behind.
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