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The financial advisory market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
What’s The Global Financial Advisory Market Size?
The financial advisory market size is expected to see steady growth in the next few years. It will grow to $261.95 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%.
The growth in the forecast period can be attributed to evolving regulatory landscape, sustainable and ESG investing, retirement planning services, personalization and customization, fintech collaboration. Major trends in the forecast period include digital transformation, technological advancements, growing emphasis on ESG investments, rise of robo-advisors, personalized financial planning.
Top Companies In The Financial Advisory Market
Major companies operating in the financial advisory market report are JP Morgan Chase & Co., Bank of America Corporation, Wells Fargo & Co, Accenture plc, Morgan Stanley, PricewaterhouseCoopers International Limited (PwCIL, Goldman Sachs Group Inc., Ernst & Young Global Limited, UBS Group AG, KPMG International Limited, Deloitte Touche Tohmatsu Ltd., Credit Suisse Group AG, Charles Schwab Corporation, Ameriprise Financial Inc., Edward D. Jones & Co., L.P., Boston Consulting Group, BCG Group, McKinsey & Company, Booz Allen Hamilton, RWBaird, Oliver Wyman, Mercer, Protiviti Consulting Pvt.
Ltd., Fisher Investments, Alvarez & Marsal Holdings, LLC, Luther King Capital Management, Heritage Investment Group, Eubel Brady & Suttman, Dana Investment Advisors Inc., Leavell Investment Management, Janney Montgomery Scott LLC, LPL Financial, Merrill Lynch Wealth Management, Northwestern Mutual Wealth Management Company, Raymond James Financial, Inc. , RBC Wealth Management, Stifel Financial Corp., Vanguard Group
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Financial Advisory Market Drivers And Trends with Instances
The rise in high-net-worth individuals (HNWIs) is set to drive the financial advisory market forward. With an increase in global HNWI populations and wealth, there is a growing need for financial advisors to manage substantial assets effectively.
Technological advancements are a key trend in this market, exemplified by SRG Financial Advisors’ launch of the Mile Marker Digital Vault Technology in March 2022.
This secure platform enhances asset management and financial planning through innovative digital solutions.
Financial Advisory Market Segmentation
The financial advisory market covered in this report is segmented –
1) By Type: Corporate Finance, Accounting Advisory, Tax Advisory, Transaction Services, Risk Management, Other Types
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
3) By Industry Vertical: Banking, Financial Services and Insurance (BFSI), IT And Telecom, Manufacturing, Retail And E-Commerce, Public Sector, Healthcare, Other Industry Verticals
Table of Contents
1.Introduction
• Overview of the Financial Advisory Market
• Comprehensive Analysis of Financial Advisory Market
2.Financial Advisory Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3.Financial Advisory Market Segmentation
• By Type
• By Organization Size
• By Industry Vertical
4.Competitive Landscape And Company Profiles In The Financial Advisory Market
• Overview
• Products and Services
• Strategy
5.Financial Advisory Market Regional And Country Analysis
• By Region
• By Country
6.Market Trends And Opportunities In Financial Advisory Market
• Technological Advancements
• Emerging Trends
7.Financial Advisory Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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Financial advisory refers to providing financial advice or assistance to a client in exchange for payment. Financial advisors provide a wide range of financial advisory services, including estate planning, tax preparation, and investment management.
Its main purpose to aid people or organization in creating long-term strategies for building wealth and managing risk.
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