Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1636.83 Billion | USD 4893.17 Billion | 10.6% | 2024 |
FrequentlyAsked Questions
Wealth management is an investment advisory solution integrating financial counseling and investment to address the requirements of wealthy customers.
The global wealth management market is expected to grow due to rising global wealth, demand for personalized financial planning, digital advisory platforms (robo-advisors), and increasing investment in alternative assets.
According to a study, the global wealth management market size was worth around USD 1636.83 Billion in 2024 and is expected to reach USD 4893.17 Billion by 2034.
The global wealth management market is expected to grow at a CAGR of 10.6% during the forecast period.
The European wealth management industry is set to register the fastest CAGR over the forecasting timeline owing to the presence of key players in countries such as the UK, Finland, Switzerland, Denmark, Sweden, Estonia, Germany, and France. Moreover, a massive rise in big data usage and an increase in AI applications are predicted to boost industry growth in the continent in the upcoming years.
The global wealth management market is led by players such as Fidelity Wealth Management, Barclays Wealth Management, Bank of America Corporation, Julius Baer Wealth Management, Citigroup Wealth Management, Charles Schwab & Co., Inc., Vanguard Wealth Management, BlackRock Wealth Management, Credit Suisse Wealth Management, Deutsche Bank Wealth Management, HSBC Wealth Management, Merrill Lynch Wealth Management, Zurich Wealth Management, Northern Trust Wealth Management, JP Morgan Wealth Management, Pictet Wealth Management, Goldman Sachs Wealth Management, Morgan Stanley Wealth Management, UBS Wealth Management, and Wells Fargo Wealth Management.
The global wealth management market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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