With more wealth managers pursuing succession plans, and mergers becoming more attractive for facilitating growth and value, there should be a significant uptick in M&A activity in 2010, according to a report from M&A consultants Echelon Partners.

The Los Angeles-based consulting firm said in its latest research paper, however, that the M&A business this year will be different “from the freewheeling period of 2004 to 2007,” when “there were no shortage of options to pursue whether you were looking to acquire or looking to sell.”

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