Bomy Hagopian, a partner and head of wealth management at BGA, says in 2016, the global advisory firm registered 43 wealth management US-centric transactions. "We hear a lot about how Australia is an underserved market, and there needs to be more wealth advisers here." Hagopian pointed out that many US wealth management firms are focused on M&As in their own backyard at the moment. "Part of the reason they're very domestically focused right now is with the deal volume in wealth M&A today. But I think a lot of it also comes down to educating them about the market and the differences from the domestic market," Hagopian said.