Looking for a firm to merge with is certainly no easy task, as Myles McIntosh, head of private client at newly formed Cripps incorporating Pemberton Greenish, can attest.

Speaking to eprivateclient, he explained that despite their difficulties, mergers are an inevitability for most firms in this “fast moving world”. There are going to be significant changes in the next three to five years, particularly in IT infrastructure and artificial intelligence. Firms have to be of a certain size and capability to “invest for the future”.

It is important to be able to make the most of these “opportunities, which...