US Wealth Management Market

“US Wealth Management Market Research Report and Forecast 2023-2028” provides a deep and thorough evaluation of the wealth management market in the United States on the basis of advisory model  (Human Advisory, Robo Advisory and Hybrid), business function(Financial Advice Management, Portfolio, Accounting, and Trading Management, Performance Management, Risk and Compliance Management, Reporting and Others), deployment model(On-Premises and Cloud) and end-user  (Banks, Investment Management Firms, Trading and Exchange Firms, Brokerage Firms and Others). Wealth management (WM) is a financial planning and management service, which includes investment advice, tax planning, and estate planning, to help business owners, executives, and professionals. It assists clients in growing, protecting, and managing their wealth over the long term. It also allows them to manage and mitigate risk in their financial portfolio through the use of diversification and other risk management strategies. At present, key players operating in the US are offering customization solutions of WM to suit the requirement and objectives of the user.

The increasing demand for alternative investment options, such as private equity, hedge funds, and real estate investment trusts (REITs), to diversify portfolios of clients and generate higher returns represents one of the major factors driving the demand for WM in the US. Moreover, the rising need for automating wealth management procedures and the launch of WM platforms are favoring the market growth in the country. In addition, there is an increase in the integration of artificial intelligence (AI), blockchain, cloud computing, virtual reality (VR), and augmented reality (AR) technologies to analyze financial data and make investment recommendations to clients. These advanced technologies are used to track ownership or transfer of assets and help increase transparency and security in financial transactions, and provide virtual tours of potential investment properties or simulations of different economic scenarios. Along with this, the incorporation of Robo-advisors technology in WM, which is an automated investment platform that uses algorithms to offer investment recommendations to clients and helps create or manage investment portfolios according to their financial goals and risk tolerance, is contributing to the growth of the market. Apart from this, the growing traction of sustainable investing in companies that have a positive impact on the environment and society is creating a positive outlook for the market in the country.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the us wealth management market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the us wealth management market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the us wealth management market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the us wealth management industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the us wealth management industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the  us wealth management industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the us wealth management industry. Furthermore, the value chain analysis of the us smoothies industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

US Wealth Management Market Key Segments

Segmentation by Advisory Model

• Human Advisory
• Robo Advisory
• Hybrid

Segmentation by Business Function

• Financial Advice Management
• Portfolio, Accounting, and Trading Management
• Performance Management
• Risk and Compliance Management
• Reporting
• Others

Segmentation by Deployment Model

• On-Premises
• Cloud

Segmentation by End-User

• Banks
• Investment Management Firms
• Impact of COVID-19
• Trading and Exchange Firms
• Brokerage Firms
• Others

The price margins for the products along with various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the US wealth management industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the US wealth management market by analyzing the threats posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the wealth management industry. Furthermore, the value chain analysis of the wealth management industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Key questions answered in the report include

• What is the historical and current scenario of the us wealth management market?
• What are the trends and developments in the us wealth management market?
• What is the market forecast of the us wealth management market during 2023-2028?
• What is the price analysis and forecast of the us wealth management market?
• What is the Porter’s five forces analysis of the us wealth management market?
• What is the SWOT analysis for the us wealth management market?
• What is the value chain analysis of the us wealth management market?

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the wealth management industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs and tables.