The 2016 Scorpio Partnership Wealth Management Deal Tracker is the most authoritative look at consolidation activity in the global wealth space.
The report provides a thorough assessment of 494 deals which have taken place in wealth management from 2008 to 2015. The intention of the Deal Tracker is to determine the trends that help to plot future activities in M&A for the global wealth industry.
When it comes to M&A, the biggest trend question is around the benchmark price level for wealth businesses. In 2015, we found that valuations have risen for the second consecutive year to 2.14% of assets under management. Although it is a marginal uptick- the variations by market are revealing.
The Deal Tracker is compiled by an experienced team of consultants and analysts who are constantly engaged with the international wealth management space. The report looks in depth at the trends impacting deal activity and seeks to uncover variances between different regions and deal types.
The 2016 Scorpio Partnership Wealth Management Deal Tracker includes:
• The report covers 494 deals across an eight year period from 2008 to 2015. The volume of HNW assets purchased through deals analysed during this period totalled USD2.6 trillion of which USD0.4 trillion changed hands in 2015.
• Regional differences in average asset volumes acquired show strong increases across Europe. Meanwhile, Swiss, UK and Asian Pacific average asset volumes decreased in 2015 as compared to 2014. Globally, USD321 billion was acquired domestically.
• The independent advisors business models (such as IFA, RIA etc) dominate the M&A activity in 2015 in terms of number of deals. The number of smaller size firms (particularly those with less than USD1 billion AUM) involved in M&A this year rose significantly, resulting in a deal price change from 1.5% of AUM in 2013 to 2.3% of AUM in 2015.
• The ratio of domestic to international deals has been growing steadily year-on-year. While in 2013 and 2014 the AUM involved in cross border M&A transactions exceeded the domestic figures, in 2015 the trend reversed.
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Global Private Banking Benchmark
The annual Scorpio Partnership Global Private Banking Benchmark is the most authoritative analysis of the global private banking landscape, from the world’s leading independent wealth management strategist. It is based on the analysis of results from 80% of the world’s private banks, and is essential reading for those at the forefront of our industry.
Scorpio Partnership is the world’s leading market research and strategy consultancy to the global wealth industry. The common objective throughout our work is to better orient businesses to deliver what wealth needs next.
We have developed four transformational disciplines that shape our process: SEEK, THINK, SHAPE and CREATE. Each of these fields is designed to support business leaders to strategically assess, plan and drive growth. We specialise in turning high-net-worth (HNW) and ultra high-net-worth (UHNW) client insight and financial research studies into actionable strategies that can stimulate customer engagement.
To date, we have interviewed nearly 100,000 HNW & UHNW clients from around the world on a range of issues; from their experiences with a financial provider to their hopes, fears and ambitions.
We leverage our deep insight into client needs and expectations to create practical and actionable business development strategies. We work with institutions in the wealth management, private banking, fund management, regulation, IT, technology, insurance and charity and not-for profit sectors.
Our discipline teams leverage expertise in: