Wealth Management M&A Hits 8-Quarter High as Rhode Island’s ‘Taylor Swift Tax’ Draws Backlash

Wealth management M&A deal volume hit 109 transactions in Q1 2026, the highest in eight quarters, the same week Rhode Island’s “Taylor Swift Tax” stirred genuine homeowner backlash. Here’s what accelerating consolidation, semiliquid fund liquidity risk, and targeted wealth taxation reveal about the industry right now.

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