U.K. wealth managers looking to prioritize value creation continue to pursue consolidation amid a steady annual supply of M&A prospects. L.E.K. surveyed small financial advice firms and discovered that 71% of respondents reported their willingness to sell in the next five years. Most surveyed advisors also reported a clear expectation of their valuation over the coming years.
Wealth management firms throughout the U.K. can expect steadily growing valuations in the next five to ten years, creating an encouraging environment for successful future consolidations throughout the industry.
To learn more, please read our Executive Insights: UK Wealth Management: Spotlight on Value Creation.