The Business Research Company’s report goes into great detail on the wealth management market size and growth, wealth management market regional analysis, wealth management market competitive landscape, and other critical information needed to excel in the wealth management industry.

Major players in the wealth management market include Morgan Stanley, Bank of America Corporation, UBS Group AG, Wells Fargo & Company, JPMorgan Chase & Co.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The wealth management market is expected to grow from $0.47 trillion in 2020 to $0.73 trillion in 2025 at a rate of 9.0%. The wealth management market is then expected to grow at a CAGR of 8.8% from 2025 and reach $1.11 trillion in 2030.

North America was the largest region in the wealth management market, accounting for 53.7% of the total in 2021.

The wealth management market consists of sales of wealth management services by entities (organizations, sole traders and partnerships) that plan, advise on and manage various kinds of assets primarily belonging to high net worth and ultra-high net worth individuals, corporations, and government and non-government institutions. The market includes establishments that offer financial and investment advice, retirement planning and legal or estate planning.

Increasing retiree population is expected to drive the wealth management market going forward.

Request a Sample of the Wealth Management Market Report

Wealth management firms are integrating artificial intelligence, machine learning and data analytics applications to provide hybrid services. Artificial Intelligence refer to intelligent machines that work and react like humans. AI helps to deliver insights to complex client questions in real time through its virtual conversational interface between business and clients. AI enabled applications such as natural language generation (NLG) is closing the gap between data analysis and investment decisions providing real-time insights in automated trading strategies.

TBRC’s Global Wealth Management Market Report Is Segmented:

By Advisory Mode: Human Advisory, Robo Advisory, Hybrid

By Enterprise Size: Large Enterprises, Medium and Small Enterprises

By Type Of Asset Class: Equity, Fixed Income, Alternative Assets And Others.

By Type Of Wealth Manager: Private Banks, Investment Managers, Full-Service Wealth Managers, Stockbrokers, Others

By Type Of Client: Pension Funds, Insurance Companies, Sovereign Wealth Fund (SWF), High-Net Worth Individual (HNWI), Mass Affluent Market

By Service Element: Life Insurance, Property & Casualty Insurance, Health & Medical Insurance

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Wealth Management Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the wealth management market globally and regionally, analyzes and forecasts market size, share, wealth management market players, wealth management market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Financial Services Global Market Report 2022

Asset Servicing Global Market Report 2022

Custody Service Global Market Report 2022

Interested To Know More About The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn:  https://in.linkedin.com/company/the-business-research-company

Follow us on Twitter:  https://twitter.com/tbrc_info

Check out our Global Market Model:  https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: