Business Transformation | 07.08.26

Wealth and Asset Manager Dealmaking Climbs in H1 2026, Even as Mega-Deals Dry Up

by: Steve Randall

North American wealth and asset management dealmaking increased in the first half of 2026, even as total transaction value declined, according to EY’s latest financial services M&A analysis. The sector recorded 213 transactions, up from 177 a year earlier, while disclosed deal value fell from $8.3 billion to $6 billion. Across U.S. and Canadian financial services overall, deal count rose 8%, but value dropped sharply as billion-dollar transactions became less common. EY said financial services firms continue to adapt to market uncertainty, but slower global growth, inflation and supply pressures are affecting pricing and limiting large-cap deal activity.

Read the full article on InvestmentNews.