Venture and growth-stage investors tell Business Insider Morgan Stanley's planned acquisition of E-Trade for $13 billion is a sign of further dealmaking to coming in 2020 for fintechs in the wealth management space. The deal shows banks' recent willingness to look externally for ways to evolve or expand their process, even if it's a steep price tag, investors said. Banks also might not be the only acquirers, as insurance or tech companies could be in the market as they look to jump start their digital strategy or expand deeper into consumer finance.