Global Asset and Wealth Management
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the asset and wealth management market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of XX from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Asset class |
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Market Split by Application |
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Market Split by Advisory mode |
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Market Split by Component |
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Market Split by Enterprise size |
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Market Split by Client Type |
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Market Split by Service Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Asset and Wealth Management industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Asset and Wealth Management Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Asset Management involves managing the investments of a client to maximize the value of the asset. Wealth management on the other hand is a broader area that includes all the areas of financial planning and a detailed view of the finances of a client. It includes taxes, cash flow, etc. Asset management is a part of wealth management. The primary aim of asset management is maximizing the profits of the client’s investments. Wealth management has a long-term view of improving the other aspects of finance as well. Asset and Wealth Management provide several benefits to clients such as a systematic investment plan that would help people allocate their finances effectively and efficiently. This helps reduce financial stress and helps them during crucial decision-making. Wealth managers help in formulating investment strategies for clients by looking for any market fluctuations.
How Technological advancements are impacting asset and wealth management?
The wealth management industry is anticipated to a strong growth in the coming years. There is a rising trend of technological transformation in this industry with a shift to online services. This leads to effective solutions and increasing demand in the industry. Wealth management firms have also started providing several services to clients with increased financial plans, etc. The robo-advisor technology is being widely used by the firms A hybrid approach that smoothly combines human services and technological innovation is the way wealth management will develop in the future. Wealth managers can take advantage of the power of data and analytics due to the boost in digital transformation. The rise of fintech firms has accelerated the growth in the global market. Although the wealth management industry works majorly through human advisors which is why there should be a right balance between technology and personal interactions with clients. There has been a significant shift in the demographic landscape of the wealth management industry, especially after the COVID-19 outbreak. Firms are providing services to clients across the globe through virtual meetings and by using more technological advancements and AI Tools. For instance, in 2020, the online brokerage company E*TRADE Financial Corporation was to be acquired by Morgan Stanley. The purchase intends to give Morgan Stanley's customers access to a more complete digital asset management platform and to grow the company's wealth management division.
The asset and wealth management market is driven by strong economic growth and is determined by several factors such as inflation, interest rates, macroeconomic conditions, etc. These factors play an important role in shaping investment and financial strategies. Resilient economic growth drives up the demand and results in healthy growth for the asset and wealth management market. Adoption of technology and productive investment both increase productivity. GDP growth and productivity growth are considerably accelerated by new investment. Businesses increase their investments in and use of digital and automation technologies in response to tight labor markets, which promotes productivity development. Redesigned supply chains are still effective, and there is a surplus of labor available worldwide thanks to a new wave of growing nations. Technology and innovation are effectively pushed by industrial strategy. The rapid expansion of the supply reduces inflationary pressure. As real interest rates average 1% and inflation falls to the target level, productive capital allocation is further encouraged. Adoption of new technologies, increasing disposable income, and rise in consumers For instance, in September 2023, as per the Bureau of Economic Analysis, the increase in GDP of the US economy resulted in strong growth for the Global asset and wealth management market.
Data security poses a big challenge to wealth management firms with an increasing need for cyber-security and security protocols. Regardless of having potential for growth in the market, the asset and wealth management industry has certain challenges concerning new players in the market. The market is functioned by key players with competition to various MSMEs. Despite the growth potential, the asset and wealth management market faces obstacles such as legislative changes, greater competition, and the entry of new players in the sector. The market is also very fragmented, with numerous small and mid-sized businesses competing against major international players. For instance, in 2023, Accenture Ventures announced a strategic investment in Aliro Quantum a provider of secure networks. This has been launched to provide safe and secure networks to clients for data.
The rising middle class in emerging market economies is a major contributing factor to the industry as increasing income would directly benefit the industry and consumers would drive up the demand for assets like mutual funds, retirement plans, exchange-traded funds, etc. Increasing demand for services in the emerging market economies which have a higher market for asset and wealth management industry would boost the market growth. Increasing per capita income and rapid urbanization are also contributing factors that have led to the rising market share in global asset and wealth management. Particularly in Asia, markets have shown resilient economic growth due to increased demand for assets and proper investment plans. For instance, in 2023 UBS Global Wealth Management launched a UBS Multi Asset Emerging Markets Dynamic Fund. Emerging market economies are proving to be bright spots for asset and wealth management firms resulting in a higher demand for the market.
The COVID-19 outbreak had a significant short-term and long-term impact on the asset and wealth management industry. Banks and financial firms faced a challenge in securing the data and portfolios of their clients due to the physical interaction before the pandemic. This has promoted banks, financial institutions, and firms to digitalize processes and client relations and enhance security and data. COVID-19 has changed how banks and firms work making way for more reliable and effective software for clients and investors which would further pave the way for changing consumer needs, increased market value, and demand for the industry. Investors saw immediate effects on their current portfolios, and wealth management organizations were also impacted by the epidemic. Furthermore, businesses with bigger clientele have depended on digital channels like social media and artificial intelligence (AI) to communicate with their customers, posing a challenge to wealth management companies. As a result, amid the global health crisis, demand for wealth management product offerings has drastically decreased. For instance, in 2020, the Monetary Authority of Singapore announced that financial institutions should eliminate physical contact and be prepared to shift to online services for clients eliminating any physical contact such as cash withdrawal or online financial services.
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Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.
8 March 2024, BlackRock to Acquire SpiderRock Advisors
This acquisition will enable to meet growing demand from wealth managers for personalized, tax-efficient portfolios.
Top Companies Market Share in Asset and Wealth Management Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive market research, North America has the highest market share in the asset and wealth management industry. It has the highest market revenue and is predicted to have a positive outlook for the upcoming years. Technological upgrades, rising opportunities, and increasing investments in firms in the region have ensured higher growth in this region. High-net-worth individuals accounted for the growth of the wealth management industry in North America. For instance, in December 2022, a US-based bank First Fidelity Bank launched its digital wealth management services with Unifymoney. This is directed towards better financial services to clients and more efficient solutions in wealth management with the help of digital infrastructure.
Based on region, the European region is growing in the upcoming years is due to the rise in AI tools and the increasing use of technology in the wealth management industry. The high net worth individual population and wealth of Europe have shown significant growth over a period of years. For instance, in 2021, Europe started the digitization of the asset and wealth management market and has increased investments in the wealth management market over the years. An online payment platform Yolt, based in the UK was the first company to have Data docking with nine UK banks that gives a more specific view on the customer asset information attracting a greater consumer base.
Furthermore, in the upcoming years, it is expected that the wealth management industry in Asia-Pacific will grow at an exponential rate. The rapid urbanization of the area and the sharp increase in wealth management operations providing new opportunities in nations like China, Indonesia, India, and Malaysia are the main causes of the market's rise. For instance, In 2023, in India, BlackRock investment firm formed a strategic partnership with Jio Financial Services to capture the Asset and Wealth Management Market. This will transform the financial future of India capturing a bigger landscape in the market. Increased cross-border commercial activity and rapid urbanization are expected to positively impact market expansion in the area.
The current report Scope analyzes Asset and Wealth Management Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Asset and Wealth Management Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Asset and Wealth Management Industry growth. Asset and Wealth Management market has been segmented with the help of its Asset class, Application Advisory mode, and others. Asset and Wealth Management market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive research, based on type the market is bifurcated into private equity, fixed income, alternative investments, and others. The alternative investments segment will dominate the largest market share throughout the forecast period. The asset and wealth management sector has many categories that include stock, fixed income, alternative investment, and other market types. Investing in stocks and other assets from a huge selection offered by equity investment businesses allows investors to make significant returns. Particularly, these sorts of investments are preferred by long-term investors seeking steady growth. Furthermore, equities investments are becoming more and more popular with institutional and individual investors looking to diversify their holdings and participate in the stock market. This rise is driven by several factors, one of which is the increasing inclination of investors towards fixed-income assets as a haven amid market volatility. The fixed-income market is also driven by the expanding array of investment options, including bonds and other fixed-income instruments that governments and businesses issue to finance their operations. Furthermore, as digital platforms that enable investors to purchase fixed-income products have grown, accessibility and usability have also increased. Alternative Investment segments, on the other hand, are expected to rise consistently. The alternative investments segment holds a wide array of financial instruments. Increased interest in socially conscious investing and investor demand for a diversified portfolio are the main drivers of the demand for alternative investments. Alternative investments will have a greater market share by the year 2024. Real estate, other investments, cash and cash equivalents, and other asset types are within the broad category of "other" assets. According to projections, this market category will continue to grow steadily during the course of the projected period, holding a significant market share in 2021. For instance, in 2024, InCred Group’s alternative investment platform InCred Alternatives Investments launched its maiden Category II alternative investment fund (AIF) in the private equity space. The target corpus of the InCred Growth Partners Fund-I (IGPF-I) is INR 500 Cr ($60 Mn+) and is designed to invest in startups across the consumer, financial services, technology, and enterprise services sectors.
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The Fintech segment will dominate the largest market share from the year 2024 to 2030. Fintech advisors are leading the industry due to their capabilities to provide customized investment plans to clients. Fintech advisors reported a higher market revenue in 2022. In services segmentation, the wealth management industry is further divided into Asset management and Portfolio management.
Asset management has a greater market share due to the need for systematic planning of investments and greater awareness among people. It has been predicted that asset management would have a greater earning share in the market. Large enterprises and MSMEs are the major players in the wealth management sector. For instance, in 2024 a Fintech firm Fincover started to provide mobile services for people who would offer one window market of financial offerings and market view to all the individuals and promises to revolutionize the Fintech advisors.
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The robo-advisory segment will dominate the largest market share from the year 2024 to 2030. The wealth management industry is segmented into robo-advisory, hybrid advisory, and human advisory. Robo Advisory acquired the highest market share in 2022 and is predicted to have the highest gains soon. The increasing acceptance of artificial intelligence and technological advancements in the industry has promoted the growth of robo-advisory. Robo advisory has eliminated any obstacles in the advisor-client relationship promoting higher demand for the services and increasing the market value. For instance, in 2024, Revoult launched its robo advisor for a better experience and service to the clients and to provide better investment plans.
The HNI segment will dominate the largest market share from the year 2024 to 2030. The rapidly increasing CAGR is expected to be the rise in the number of HNI around the globe, especially in the developing nations which is the major contributing factor in the asset and wealth management industry. As per a report by Capgemini’s World Wealth Report 2022, the highest contribution to the HNI population was from India and Taiwan.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Asset and Wealth Management Market is witnessing significant growth in the near future.
In 2023, the Equity segment accounted for noticeable share of global Asset and Wealth Management Market and is projected to experience significant growth in the near future.
The Banks segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Fidelity Wealth Management , Bank of America Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Asset class | Equity, Fixed Income, Alternative Assets, Others |
Application | Banks, Broker-Dealers, Specialty Finance, Wealth Advisors, Others |
Advisory mode | Human Advisory, Robo Advisory, Hybrid Advisory |
Component | Hardware, Software, Services |
Enterprise size | Small and medium-sized enterprises, Large Enterprises |
Client Type | Mass Affluent, HNWI, Insurance Companies, Others |
Service Type | Asset Management, Wealth Management, Portfolio Management, Others |
List of Competitors | 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, Tata Consultancy, Infosys, Capgemini |
This chapter will help you gain GLOBAL Market Analysis of Asset and Wealth Management. Further deep in this chapter, you will be able to review Global Asset and Wealth Management Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Asset and Wealth Management. Further deep in this chapter, you will be able to review North America Asset and Wealth Management Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Asset and Wealth Management. Further deep in this chapter, you will be able to review Europe Asset and Wealth Management Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Asset and Wealth Management. Further deep in this chapter, you will be able to review Asia Pacific Asset and Wealth Management Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Asset and Wealth Management. Further deep in this chapter, you will be able to review South America Asset and Wealth Management Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Asset and Wealth Management. Further deep in this chapter, you will be able to review Middle East Asset and Wealth Management Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Asset and Wealth Management. Further deep in this chapter, you will be able to review Middle East Asset and Wealth Management Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Asset and Wealth Management. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Asset class Analysis 2019 -2031, will provide market size split by Asset class. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Asset class Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Advisory mode Analysis 2021 - 2033
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Chapter 13 Market Split by Component Analysis 2021 - 2033
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Chapter 14 Market Split by Enterprise size Analysis 2021 - 2033
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Chapter 15 Market Split by Client Type Analysis 2021 - 2033
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Chapter 16 Market Split by Service Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Asset and Wealth Management market
Chapter 17 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 18 Research Methodology and Sources
Why Equity have a significant impact on Asset and Wealth Management market? |
What are the key factors affecting the Equity and Fixed Income of Asset and Wealth Management Market? |
What is the CAGR/Growth Rate of Banks during the forecast period? |
By type, which segment accounted for largest share of the global Asset and Wealth Management Market? |
Which region is expected to dominate the global Asset and Wealth Management Market within the forecast period? |
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