Mergers and acquisitions can be very cyclical in nature, occurring much more frequently when market conditions and interest rates are favorable. With the recent run of mergers we've seen just since the beginning of 2013 alone, are we heading into another M&A boom? In the following video, Motley Fool financial analyst Matt Koppenheffer takes a look at three smaller boutique investment banks in this climate, and tells investors why a spike in M&A activity could mean blue skies ahead for these small players much more so than for the bigger Wall Street banks. 


Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Goldman Sachs. The Motley Fool owns shares of Bank of America and LAZARD Ltd. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.