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North America Wealth Management Software Market Size, Share & Industry Analysis Report By Enterprise Size (Large Enterprises, and Small and Medium Enterprises (SMEs)), By Advisory Mode, By Deployment (Cloud, and On-premise), By End-use, By Application, By

Publisher Knowledge Based Value (KBV) Research
Published May 12, 2025
Length 150 Pages
SKU # KBV20173129

Description

The North America Wealth Management Software Market would witness market growth of 12.8% CAGR during the forecast period (2025-2032).

The US market dominated the North America Wealth Management Software Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $3,656.3 million by 2032. The Canada market is experiencing a CAGR of 15.1% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 14.3% during (2025 - 2032).

Wealth management platforms now offer seamless access to investment portfolios, real-time financial data, and automated services like robo-advisors. Clients demand easy-to-use, personalized interfaces that offer secure online access to manage their wealth. Advancements in artificial intelligence and data analytics allow wealth managers to make more informed decisions, enhancing customer experience and engagement, and ultimately improving the efficiency of asset and portfolio management processes.

The North American market is experiencing robust growth, driven by a confluence of factors including a rising number of high-net-worth individuals (HNWIs), rapid digital transformation, and evolving client expectations. A significant contributor to this growth is the increasing population of HNWIs in the region. In the United States alone, the number of HNWIs rose by 5.4%, fueling demand for sophisticated financial advisory solutions.

Technological advancements, particularly in artificial intelligence (AI), are reshaping the wealth management landscape. Major financial institutions like JPMorgan Chase have integrated AI tools such as "Coach AI" to enhance client service, resulting in a 20% increase in asset and wealth management sales between 2023 and 2024. Similarly, firms like Morgan Stanley and Bank of America are deploying generative AI to improve internal operations and advisor efficiency. Cloud-based deployments are becoming increasingly prevalent, offering scalability and flexibility to wealth management firms. Approximately 48% of firms in the U.S. are now integrating technologies like blockchain, machine learning, and digital process automation to enhance service delivery and client engagement. Regulatory changes are also influencing the adoption of wealth management software. Stricter compliance requirements are prompting firms to invest in solutions that ensure transparency and risk mitigation. This regulatory environment, coupled with technological innovation, is solidifying North America's leadership in the global market. In summary, North America's market is poised for continued expansion, driven by demographic shifts, technological advancements, and a dynamic regulatory landscape. Firms that leverage these trends to offer innovative, client-centric solutions will be well-positioned to thrive in this evolving market.

Based on Enterprise Size, the market is segmented into Large Enterprises, and Small and Medium Enterprises (SMEs). Based on Advisory Mode, the market is segmented into Human Advisory, Robo Advisory, and Hybrid. Based on Deployment, the market is segmented into Cloud, and On-premise. Based on End-use, the market is segmented into Banks, Investment Management Firms, Trading & Exchange Firms, Brokerage Firms, and Other End-use. Based on Application, the market is segmented into Portfolio, Accounting, & Trading Management, Financial Advice & Management, Performance Management, Risk & Compliance Management, Reporting, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Temenos Headquarters SA
  • Fidelity National Information Services, Inc.
  • Dorsum Ltd.
  • Fiserv, Inc.
  • Profile Software S.A.
  • SS&C TECHNOLOGIES HOLDINGS, INC.
  • SEI Investments Company
  • Morningstar, Inc.
  • Addepar, Inc.
  • FNZ Group
North America Wealth Management Software Market Report Segmentation

By Enterprise Size
  • Large Enterprises
  • Small and Medium Enterprises (SMEs)
By Advisory Mode
  • Human Advisory
  • Robo Advisory
  • Hybrid
By Deployment
  • Cloud
  • On-premise
By End-use
  • Banks
  • Investment Management Firms
  • Trading & Exchange Firms
  • Brokerage Firms
  • Other End-use
By Application
  • Portfolio, Accounting, & Trading Management
  • Financial Advice & Management
  • Performance Management
  • Risk & Compliance Management
  • Reporting
  • Other Application
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

150 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Wealth Management Software Market, by Enterprise Size
1.4.2 North America Wealth Management Software Market, by Advisory Mode
1.4.3 North America Wealth Management Software Market, by Deployment
1.4.4 North America Wealth Management Software Market, by End-use
1.4.5 North America Wealth Management Software Market, by Application
1.4.6 North America Wealth Management Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.2 Key Factors Impacting North America Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Feb – 2025, Mar) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Key Customer Criteria- North America Wealth Management Software Market
5.1 Regulatory Readiness and Compliance Automation
5.2 Scalability and Cloud-Native Architecture
5.3 Personalization through AI and Advanced Analytics
5.4 Cybersecurity and Data Protection
5.5 Seamless User Experience and Omni-Channel Engagement
Chapter 6. North America Wealth Management Software Market by Enterprise Size
6.1 North America Large Enterprises Market by Region
6.2 North America Small and Medium Enterprises (SMEs) Market by Region
Chapter 7. North America Wealth Management Software Market by Advisory Mode
7.1 North America Human Advisory Market by Country
7.2 North America Robo Advisory Market by Country
7.3 North America Hybrid Market by Country
Chapter 8. North America Wealth Management Software Market by Deployment
8.1 North America Cloud Market by Country
8.2 North America On-premise Market by Country
Chapter 9. North America Wealth Management Software Market by End-use
9.1 North America Banks Market by Country
9.2 North America Investment Management Firms Market by Country
9.3 North America Trading & Exchange Firms Market by Country
9.4 North America Brokerage Firms Market by Country
9.5 North America Other End-use Market by Country
Chapter 10. North America Wealth Management Software Market by Application
10.1 North America Portfolio, Accounting, & Trading Management Market by Country
10.2 North America Financial Advice & Management Market by Country
10.3 North America Performance Management Market by Country
10.4 North America Risk & Compliance Management Market by Country
10.5 North America Reporting Market by Country
10.6 North America Other Application Market by Country
Chapter 11. North America Wealth Management Software Market by Country
11.1 US Wealth Management Software Market
11.1.1 US Wealth Management Software Market by Enterprise Size
11.1.2 US Wealth Management Software Market by Advisory Mode
11.1.3 US Wealth Management Software Market by Deployment
11.1.4 US Wealth Management Software Market by End-use
11.1.5 US Wealth Management Software Market by Application
11.2 Canada Wealth Management Software Market
11.2.1 Canada Wealth Management Software Market by Enterprise Size
11.2.2 Canada Wealth Management Software Market by Advisory Mode
11.2.3 Canada Wealth Management Software Market by Deployment
11.2.4 Canada Wealth Management Software Market by End-use
11.2.5 Canada Wealth Management Software Market by Application
11.3 Mexico Wealth Management Software Market
11.3.1 Mexico Wealth Management Software Market by Enterprise Size
11.3.2 Mexico Wealth Management Software Market by Advisory Mode
11.3.3 Mexico Wealth Management Software Market by Deployment
11.3.4 Mexico Wealth Management Software Market by End-use
11.3.5 Mexico Wealth Management Software Market by Application
11.4 Rest of North America Wealth Management Software Market
11.4.1 Rest of North America Wealth Management Software Market by Enterprise Size
11.4.2 Rest of North America Wealth Management Software Market by Advisory Mode
11.4.3 Rest of North America Wealth Management Software Market by Deployment
11.4.4 Rest of North America Wealth Management Software Market by End-use
11.4.5 Rest of North America Wealth Management Software Market by Application
Chapter 12. Company Profiles
12.1 Temenos Headquarters SA
12.1.1 Company Overview
12.1.2 Financial Analysis
12.1.3 Segmental and Regional Analysis
12.1.4 Recent strategies and developments:
12.1.4.1 Partnerships, Collaborations, and Agreements:
12.1.4.2 Product Launches and Product Expansions:
12.1.5 SWOT Analysis
12.2 Fidelity National Information Services, Inc.
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Segmental and Regional Analysis
12.2.4 Recent strategies and developments:
12.2.4.1 Product Launches and Product Expansions:
12.2.5 SWOT Analysis
12.3 Dorsum Ltd.
12.3.1 Company Overview
12.3.2 SWOT Analysis
12.4 Fiserv, Inc.
12.4.1 Company Overview
12.4.2 Financial Analysis
12.4.3 Segmental and Regional Analysis
12.4.4 Recent strategies and developments:
12.4.4.1 Acquisition and Mergers:
12.5 Profile Software S.A.
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Research & Development Expenses
12.5.4 Recent strategies and developments:
12.5.4.1 Product Launches and Product Expansions:
12.5.4.2 Acquisition and Mergers:
12.6 SS&C TECHNOLOGIES HOLDINGS, INC.
12.6.1 Company Overview
12.6.2 Financial Analysis
12.6.3 Regional Analysis
12.6.4 Research & Development Expenses
12.6.5 Recent strategies and developments:
12.6.5.1 Product Launches and Product Expansions:
12.7 SEI Investments Company
12.7.1 Company Overview
12.7.2 Financial Analysis
12.7.3 Segmental and Regional Analysis
12.7.4 Recent strategies and developments:
12.7.4.1 Product Launches and Product Expansions:
12.8 Morningstar, Inc.
12.8.1 Company Overview
12.8.2 Financial Analysis
12.8.3 Segmental and Regional Analysis
12.8.4 Recent strategies and developments:
12.8.4.1 Product Launches and Product Expansions:
12.9 Addepar, Inc.
12.9.1 Company Overview
12.9.2 Recent strategies and developments:
12.9.2.1 Product Launches and Product Expansions:
12.9.2.2 Acquisition and Mergers:
12.10. FNZ Group
12.10.1 Company Overview
12.10.2 Recent strategies and developments:
12.10.2.1 Acquisition and Mergers:

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