merger consolidation Source: Shutterstock.

The dynamic is clear: The financial services industry will continue to evolve and so will many of its organizations. The Financial Times recently published a piece in which the CEO at Invesco said he believed one in three asset management firms could disappear in the next five years. That means thousands of mutual funds will either cease to exist or be acquired in the not-so-distant future due to the pressure created by current market conditions.

In addition, smaller banks and registered investment advisors are also being acquired, disruptive technologies are taking market share, and expense pressures persist throughout the industry. As we look ahead, a number of factors will drive further consolidation across the space, including broader market factors, global uncertainties and shifting needs.

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