What is Wealth Management Market?
Wealth management is a combination of financial planning and specialized services such as retail banking services, estate planning, investment management services, legal and tax advice. Wealth management is a procedure that provides financial planning by a designated wealth advisor/manager.
The market study is being classified, by Application (Financial Advice Management, Portfolio, Accounting, and Trading Management, Performance Management, Risk and Compliance Management, Reporting and Others) and major geographies with country level break-up.
SS&C Technologies Holdings, Inc. (United States), Fiserv (United States), FIS (United States), Profile Software (United Kingdom), Broadridge (United States), InvestEdge (United States), Temenos (Switzerland), Finantix (Italy) and SEI Investments Company (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Comarch (Poland), Objectway (Italy) and Dorsum (Hungary).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Wealth Management market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Wealth Management market by Type, Application and Region.
On the basis of geography, the market of Wealth Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing High Net worth (HNWIs) Population
- Growing Global GDP
- Changing Strategic Product Partnerships
- Dependency on Traditional Methods
- Reduced Client Trust in Wealth Management
- Good Margins in the Wealth Management
- Lack of Awareness about Wealth Management Solutions
Key Target AudienceWealth Management Firms, Research Professionals, Network Solution Providers, Government Body & Associations and End-user
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Wealth Management Market?
"Increasing High Net worth (HNWIs) Population
" is seen as one of major growth factors of Wealth Management Market in years to come.
2. Can we have customized study for Wealth Management Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Wealth Management Market?
United States will lead Wealth Management Market in coming years.