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What volume of HNW assets changed hands through wealth management mergers and acquisitions in 2013?





Correct - 2013 was a significant year for consolidation in wealth management. Over the course of the year, USD760 billion of HNW wealth changed hands through deals. The valuation average price:AUM ratio slid to 1.22%, down from 1.98% in 2012.

Incorrect - 2013 was a significant year for consolidation in wealth management. Over the course of the year, USD760 billion of HNW wealth changed hands through deals. The valuation average price:AUM ratio slid to 1.22, down from 1.98% in 2012.