Global Wealth Management Market 2023-2027

Global Wealth Management Market 2023-2027


The wealth management market is forecasted to grow by USD 325.56 bn during 2022-2027, accelerating at a CAGR of 7.02% during the forecast period. The report on the wealth management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising number of HNIs globally, the introduction of diversified wealth management services by vendors, and the rising demand for alternative investment support of the government.

Technavio's wealth management market is segmented as below:

By Business Segment
  • Human advisory
  • Hybrid advisory
  • Robo advisory
By End-user
  • Banks
  • Trading and exchange firms
  • Investment management firms
  • Brokerage firms
  • Others
By Geographical Landscape
  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the technological advances in the market in focus as one of the prime reasons driving the wealth management market growth during the next few years. Also, growing focus on sustainable investing and change in demographic shift creating wealth management opportunities will lead to sizable demand in the market.

The report on the wealth management market covers the following areas:
  • Wealth management market sizing
  • Wealth management market forecast
  • Wealth management market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wealth management market vendors that include Allianz SE, Bank of America Corp., BlackRock Inc., BNP Paribas SA, Citigroup Inc., FMR LLC, Fiserv Inc., HSBC Holdings Plc, JPMorgan Chase and Co., Julius Baer Group Ltd., Morgan Stanley, One Wam Ltd., Pictet Group Entities, PricewaterhouseCoopers LLP, State Street Corp., The Charles Schwab Corp., The Goldman Sachs Group Inc., The Vanguard Group Inc., UBS Group AG, and Wells Fargo and Co.. Also, the wealth management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Business Segment
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global wealth management market 2017 - 2021
      • Table Historic Market Size – Data table on global wealth management market 2017 - 2021 ($ billion)
    • Business Segment Segment Analysis 2017 - 2021
      • Table Historic Market Size – Business Segment Segment 2017 - 2021 ($ billion)
    • End-user Segment Analysis 2017 - 2021
      • Table Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Business Segment
    • Market segments
      • Table Chart on Market Segmentation by Business Segment - Market share 2022-2027 (%)
      • Table Data Table on Market Segmentation by Business Segment - Market share 2022-2027 (%)
    • Comparison by Market Segmentation by Business Segment
      • Table Chart on Comparison by Market Segmentation by Business Segment
      • Table Data Table on Comparison by Market Segmentation by Business Segment
    • Human advisory - Market size and forecast 2022-2027
      • Table Chart on Human advisory - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Human advisory - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Human advisory - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Human advisory - Year-over-year growth 2022-2027 (%)
    • Hybrid advisory - Market size and forecast 2022-2027
      • Table Chart on Hybrid advisory - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Hybrid advisory - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Hybrid advisory - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Hybrid advisory - Year-over-year growth 2022-2027 (%)
    • Robo advisory - Market size and forecast 2022-2027
      • Table Chart on Robo advisory - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Robo advisory - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Robo advisory - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Robo advisory - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Market Segmentation by Business Segment
      • Table Market opportunity by Market Segmentation by Business Segment ($ billion)
      • Table Data Table on Market opportunity by Market Segmentation by Business Segment ($ billion)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2022-2027 (%)
      • Table Data Table on End-user - Market share 2022-2027 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Banks - Market size and forecast 2022-2027
      • Table Chart on Banks - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Banks - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Banks - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Banks - Year-over-year growth 2022-2027 (%)
    • Trading and exchange firms - Market size and forecast 2022-2027
      • Table Chart on Trading and exchange firms - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Trading and exchange firms - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Trading and exchange firms - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Trading and exchange firms - Year-over-year growth 2022-2027 (%)
    • Investment management firms - Market size and forecast 2022-2027
      • Table Chart on Investment management firms - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Investment management firms - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Investment management firms - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Investment management firms - Year-over-year growth 2022-2027 (%)
    • Brokerage firms - Market size and forecast 2022-2027
      • Table Chart on Brokerage firms - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Brokerage firms - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Brokerage firms - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Brokerage firms - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ billion)
      • Table Data Table on Market opportunity by End-user ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • France - Market size and forecast 2022-2027
      • Table Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on France - Year-over-year growth 2022-2027 (%)
      • Table Data Table on France - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
      • Table Data Tables on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising number of HNIs globally
      • Introduction of diversified wealth management services by vendors
      • Rising demand for alternative investment support of government
    • Market challenges
      • Pressure on pricing structure of wealth management companies
      • Growth of fintech companies
      • Transaction risks
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Technological advances in the market in focus
      • Growing focus on sustainable investing
      • Change in demographic shift creating wealth management opportunities
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Allianz SE
      • Table Allianz SE - Overview
      • Table Allianz SE - Business segments
      • Table Allianz SE - Key news
      • Table Allianz SE - Key offerings
      • Table Allianz SE - Segment focus
    • Bank of America Corp.
      • Table Bank of America Corp. - Overview
      • Table Bank of America Corp. - Business segments
      • Table Bank of America Corp. - Key news
      • Table Bank of America Corp. - Key offerings
      • Table Bank of America Corp. - Segment focus
    • BlackRock Inc.
      • Table BlackRock Inc. - Overview
      • Table BlackRock Inc. - Product / Service
      • Table BlackRock Inc. - Key offerings
    • BNP Paribas SA
      • Table BNP Paribas SA - Overview
      • Table BNP Paribas SA - Business segments
      • Table BNP Paribas SA - Key offerings
      • Table BNP Paribas SA - Segment focus
    • Citigroup Inc.
      • Table Citigroup Inc. - Overview
      • Table Citigroup Inc. - Business segments
      • Table Citigroup Inc. - Key offerings
      • Table Citigroup Inc. - Segment focus
    • FMR LLC
      • Table FMR LLC - Overview
      • Table FMR LLC - Product / Service
      • Table FMR LLC - Key offerings
    • JPMorgan Chase and Co.
      • Table JPMorgan Chase and Co. - Overview
      • Table JPMorgan Chase and Co. - Business segments
      • Table JPMorgan Chase and Co. - Key offerings
      • Table JPMorgan Chase and Co. - Segment focus
    • Julius Baer Group Ltd.
      • Table Julius Baer Group Ltd. - Overview
      • Table Julius Baer Group Ltd. - Product / Service
      • Table Julius Baer Group Ltd. - Key offerings
    • Morgan Stanley
      • Table Morgan Stanley - Overview
      • Table Morgan Stanley - Business segments
      • Table Morgan Stanley - Key offerings
      • Table Morgan Stanley - Segment focus
    • PricewaterhouseCoopers LLP
      • Table PricewaterhouseCoopers LLP - Overview
      • Table PricewaterhouseCoopers LLP - Product / Service
      • Table PricewaterhouseCoopers LLP - Key offerings
    • State Street Corp.
      • Table State Street Corp. - Overview
      • Table State Street Corp. - Business segments
      • Table State Street Corp. - Key offerings
      • Table State Street Corp. - Segment focus
    • The Charles Schwab Corp.
      • Table The Charles Schwab Corp. - Overview
      • Table The Charles Schwab Corp. - Business segments
      • Table The Charles Schwab Corp. - Key offerings
      • Table The Charles Schwab Corp. - Segment focus
    • The Goldman Sachs Group Inc.
      • Table The Goldman Sachs Group Inc. - Overview
      • Table The Goldman Sachs Group Inc. - Business segments
      • Table The Goldman Sachs Group Inc. - Key news
      • Table The Goldman Sachs Group Inc. - Key offerings
      • Table The Goldman Sachs Group Inc. - Segment focus
    • The Vanguard Group Inc.
      • Table The Vanguard Group Inc. - Overview
      • Table The Vanguard Group Inc. - Product / Service
      • Table The Vanguard Group Inc. - Key offerings
    • UBS Group AG
      • Table UBS Group AG - Overview
      • Table UBS Group AG - Business segments
      • Table UBS Group AG - Key offerings
      • Table UBS Group AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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