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Global Wealth Management Market Size study, by Business Model (human advisory, robo advisory, hybrid advisory) Provider (fintech advisors, banks, traditional wealth managers, others) End-user (retail, high net worth individuals (HNIs) and Regional Forecasts 2021-2027

  • BIZ4639279
  • 200 Pages
  • September 2021
  • ICT & Media
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Global Wealth Management Market is valued approximately USD XX trillion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Wealth management is an investment advisory service that combines investing and financial advice to meet the demands of high-net-worth individuals. It entails developing plans to attain specific financial objectives over time, retirement planning, accounting and tax services, estate and legal planning, and generally delivering a tailored approach under the wealth services portfolio. These services are often provided to high-net-worth individuals (HNIs) who have a professional wealth manager who makes fund allocation recommendations to the clients. Furthermore, the market for wealth management is anticipated to be hindered by growing demand for Fintech services. Furthermore, due to the rapid adoption of robo-advisor technology among wealth management firms, the rise in demand for operational efficiency and transparency in providing wealth management product lines, and the surge in demand for customized advisory among high-net-worth individuals globally, the global wealth management market is in its developing phase and has a high growth potential. For instance, a research published in 2019 by Ernst & Young Global Limited, a global professional services firm, predicted that FinTech usage will rise from 38 percent to 45 percent in the following three years. With almost 35% increase among mass affluent customers and 41% growth among high-net-worth individuals, this growth will raise wealth segment among mass affluent consumers (HNWI).

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Wealth Management market. North America led the market in 2020, and this wealth management market trend is likely to continue over the forecast period. This is due to the existence of a large number of high-net-worth people and increased rivalry among banks such as UBS, Morgan Stanley, and Bank of America Corporation to provide the best possible service to its clients. In North America, this is a key growth factor for wealth management services. However, Asia-Pacific is anticipated to expand at the fastest CAGR throughout the projection period, as numerous high-net-worth and ultra-high-net-worth people in the area continue to seek wealth management services.

Major market player included in this report are:

Bank of America Corporation

BNP Paribas

Charles Schwab & Co. Inc.

Citigroup Inc.

Credit Suisse Group AG

Goldman Sachs

JP Morgan Chase & Co.

Julius Baer Group

Morgan Stanley

UBS

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Mode of Operation offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Business Model:

Human advisory

Robo advisory

Hybrid advisory

By Provider:

Fintech advisors

Banks

Traditional wealth managers

Others

By End-user:

Retail

High net worth individuals (HNIs)

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Wealth Management Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Trillion)

1.2.1. Wealth Management Market, by Region, 2019-2027 (USD Trillion)

1.2.2. Wealth Management Market, by Business Model, 2019-2027 (USD Trillion)

1.2.3. Wealth Management Market, by Provider, 2019-2027 (USD Trillion)

1.2.4. Wealth Management Market, by End-user, 2019-2027 (USD Trillion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Wealth Management Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Wealth Management Market Dynamics

3.1. Wealth Management Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing demand for wealth management business models

3.1.1.2. Emergence of FinTechs

3.1.1.3. Rising demand for alternative investment

3.1.2. Market Challenges

3.1.2.1. Lack of pricing transparency

3.1.2.2. Conflicting regulations across different jurisdictions

3.1.3. Market Opportunities

3.1.3.1. Advancement in technology

3.1.3.2. Untapped potential of developing countries

Chapter 4. Global Wealth Management Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Wealth Management Market, by Business Model

5.1. Market Snapshot

5.2. Global Wealth Management Market by Business Model, Performance - Potential Analysis

5.3. Global Wealth Management Market Estimates & Forecasts by Business Model 2018-2027 (USD Trillion)

5.4. Wealth Management Market, Sub Segment Analysis

5.4.1. Human advisory

5.4.2. Robo advisory

5.4.3. Hybrid advisory

Chapter 6. Global Wealth Management Market, by Provider,

6.1. Market Snapshot

6.2. Global Wealth Management Market by Provider, Performance-Potential Analysis

6.3. Global Wealth Management Market Estimates & Forecasts by Provider, 2018-2027 (USD Trillion)

6.4. Wealth Management Market, Sub Segment Analysis

6.4.1. FinTech Advisors

6.4.2. Banks

6.4.3. Traditional wealth managers

6.4.4. Others

Chapter 7. Global Wealth Management Market, by End-user,

7.1. Market Snapshot

7.2. Global Wealth Management Market by End-user, Performance-Potential Analysis

7.3. Global Wealth Management Market Estimates & Forecasts by End-user, 2018-2027 (USD Trillion)

7.4. Wealth Management Market, Sub Segment Analysis

7.4.1. Retail

7.4.2. High net worth individuals (HNIs)

Chapter 8. Global Wealth Management Market, Regional Analysis

8.1. Wealth Management Market, Regional Market Snapshot

8.2. North America Wealth Management Market

8.2.1. U.S. Wealth Management Market

8.2.1.1. Business Model breakdown estimates & forecasts, 2018-2027

8.2.1.2. End-user breakdown estimates & forecasts, 2018-2027

8.2.1.3. Provider breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Wealth Management Market

8.3. Europe Wealth Management Market Snapshot

8.3.1. U.K. Wealth Management Market

8.3.2. Germany Wealth Management Market

8.3.3. France Wealth Management Market

8.3.4. Spain Wealth Management Market

8.3.5. Italy Wealth Management Market

8.3.6. Rest of Europe Wealth Management Market

8.4. Asia-Pacific Wealth Management Market Snapshot

8.4.1. China Wealth Management Market

8.4.2. India Wealth Management Market

8.4.3. Japan Wealth Management Market

8.4.4. Australia Wealth Management Market

8.4.5. South Korea Wealth Management Market

8.4.6. Rest of Asia Pacific Wealth Management Market

8.5. Latin America Wealth Management Market Snapshot

8.5.1. Brazil Wealth Management Market

8.5.2. Mexico Wealth Management Market

8.6. Rest of The World Wealth Management Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Bank of America Corporation

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Form Summary

9.2.1.5. Recent Developments

9.2.2. BNP Paribas

9.2.3. Charles Schwab & Co. Inc.

9.2.4. Citigroup Inc.

9.2.5. Credit Suisse Group AG

9.2.6. Goldman Sachs

9.2.7. JP Morgan Chase & Co.

9.2.8. Julius Baer Group

9.2.9. Morgan Stanley

9.2.10. UBS

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Wealth Management Market , report scope

TABLE 2. Global Wealth Management Market estimates & forecasts by Region 2018-2027 (USD Trillion)

TABLE 3. Global Wealth Management Market estimates & forecasts by Business Model 2018-2027 (USD Trillion)

TABLE 4. Global Wealth Management Market estimates & forecasts by Provider 2018-2027 (USD Trillion)

TABLE 5. Global Wealth Management Market estimates & forecasts by End-user 2018-2027 (USD Trillion)

TABLE 6. Global Wealth Management Market by segment, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 7. Global Wealth Management Market by region, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 8. Global Wealth Management Market by segment, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 9. Global Wealth Management Market by region, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 10. Global Wealth Management Market by segment, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 11. Global Wealth Management Market by region, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 12. Global Wealth Management Market by segment, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 13. Global Wealth Management Market by region, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 14. Global Wealth Management Market by segment, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 15. Global Wealth Management Market by region, estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 16. U.S. Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 17. U.S. Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 18. U.S. Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 19. Canada Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 20. Canada Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 21. Canada Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 22. UK Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 23. UK Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 24. UK Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 25. Germany Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 26. Germany Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 27. Germany Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 28. RoE Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 29. RoE Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 30. RoE Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 31. China Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 32. China Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 33. China Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 34. India Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 35. India Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 36. India Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 37. Japan Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 38. Japan Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 39. Japan Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 40. RoAPAC Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 41. RoAPAC Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 42. RoAPAC Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 43. Brazil Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 44. Brazil Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 45. Brazil Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 46. Mexico Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 47. Mexico Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 48. Mexico Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 49. RoLA Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 50. RoLA Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 51. RoLA Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 52. Row Wealth Management Market estimates & forecasts, 2018-2027 (USD Trillion)

TABLE 53. Row Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 54. Row Wealth Management Market estimates & forecasts by segment 2018-2027 (USD Trillion)

TABLE 55. List of secondary sources, used in the study of global Wealth Management Market

TABLE 56. List of primary sources, used in the study of global Wealth Management Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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