In the final part of our four-part series we discuss consolidation.
The theory goes that in order to survive in this new regulatory world firms have to join forces to survive.
Yet the boutique bosses beg to differ, with one saying his business will never be sold even though he has received a number of approaches.
Another spends a lot of his time looking for acquisition opportunities among the smaller boutiques.
But is all this consolidation really in the interests of clients?
This was recorded at Citywire’s London headquarters as part of series of discussions on the state of the industry.
The event was co-chaired by Citywire executive chair Lawrence Lever and Wealth Manager online editor Dylan Lobo.
It also features:
Ed Rosengarten, head of funds, Smith & Williamson
Rob Harris, chief executive officer, Majedie Asset Management
Charles Montanaro, chairman, Montanaro Asset Management
Gavin Rochussen, chief executive officer, Polar Capital
You can view the previous three episodes below