Global Wealth Management Services Market Research Report 2023

Wealth management service refers to service about wealth management.

The global Wealth Management Services market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Wealth Management Services is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Wealth Management Services is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Wealth Management Services in Financial is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Wealth Management Services include Wells Fargo, BlackRock, Bank of America, Morgan Stanley, JP Morgan Asset Management, Industrial and Commercial Bank of China, Allianz Group, UBS and State Street Global Advisors, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Wealth Management Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wealth Management Services.

The Wealth Management Services market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Wealth Management Services market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Wealth Management Services companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Wells Fargo

BlackRock

Bank of America

Morgan Stanley

JP Morgan Asset Management

Industrial and Commercial Bank of China

Allianz Group

UBS

State Street Global Advisors

Portfolio Management

Funds

Trusts

Investment Advice

Other Financial Vehicles

Financial

Internet

e-Commerce

Other

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Wealth Management Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Wealth Management Services Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Portfolio Management

1.2.3 Funds

1.2.4 Trusts

1.2.5 Investment Advice

1.2.6 Other Financial Vehicles

1.3 Market by Application

1.3.1 Global Wealth Management Services Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Financial

1.3.3 Internet

1.3.4 e-Commerce

1.3.5 Other

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Wealth Management Services Market Perspective (2018-2029)

2.2 Wealth Management Services Growth Trends by Region

2.2.1 Global Wealth Management Services Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Wealth Management Services Historic Market Size by Region (2018-2023)

2.2.3 Wealth Management Services Forecasted Market Size by Region (2024-2029)

2.3 Wealth Management Services Market Dynamics

2.3.1 Wealth Management Services Industry Trends

2.3.2 Wealth Management Services Market Drivers

2.3.3 Wealth Management Services Market Challenges

2.3.4 Wealth Management Services Market Restraints

3.1 Global Top Wealth Management Services Players by Revenue

3.1.1 Global Top Wealth Management Services Players by Revenue (2018-2023)

3.1.2 Global Wealth Management Services Revenue Market Share by Players (2018-2023)

3.2 Global Wealth Management Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Wealth Management Services Revenue

3.4 Global Wealth Management Services Market Concentration Ratio

3.4.1 Global Wealth Management Services Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Wealth Management Services Revenue in 2022

3.5 Wealth Management Services Key Players Head office and Area Served

3.6 Key Players Wealth Management Services Product Solution and Service

3.7 Date of Enter into Wealth Management Services Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Wealth Management Services Historic Market Size by Type (2018-2023)

4.2 Global Wealth Management Services Forecasted Market Size by Type (2024-2029)

5.1 Global Wealth Management Services Historic Market Size by Application (2018-2023)

5.2 Global Wealth Management Services Forecasted Market Size by Application (2024-2029)

6.1 North America Wealth Management Services Market Size (2018-2029)

6.2 North America Wealth Management Services Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Wealth Management Services Market Size by Country (2018-2023)

6.4 North America Wealth Management Services Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Wealth Management Services Market Size (2018-2029)

7.2 Europe Wealth Management Services Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Wealth Management Services Market Size by Country (2018-2023)

7.4 Europe Wealth Management Services Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Wealth Management Services Market Size (2018-2029)

8.2 Asia-Pacific Wealth Management Services Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Wealth Management Services Market Size by Region (2018-2023)

8.4 Asia-Pacific Wealth Management Services Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Wealth Management Services Market Size (2018-2029)

9.2 Latin America Wealth Management Services Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Wealth Management Services Market Size by Country (2018-2023)

9.4 Latin America Wealth Management Services Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Wealth Management Services Market Size (2018-2029)

10.2 Middle East & Africa Wealth Management Services Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Wealth Management Services Market Size by Country (2018-2023)

10.4 Middle East & Africa Wealth Management Services Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Wells Fargo

11.1.1 Wells Fargo Company Detail

11.1.2 Wells Fargo Business Overview

11.1.3 Wells Fargo Wealth Management Services Introduction

11.1.4 Wells Fargo Revenue in Wealth Management Services Business (2018-2023)

11.1.5 Wells Fargo Recent Development

11.2 BlackRock

11.2.1 BlackRock Company Detail

11.2.2 BlackRock Business Overview

11.2.3 BlackRock Wealth Management Services Introduction

11.2.4 BlackRock Revenue in Wealth Management Services Business (2018-2023)

11.2.5 BlackRock Recent Development

11.3 Bank of America

11.3.1 Bank of America Company Detail

11.3.2 Bank of America Business Overview

11.3.3 Bank of America Wealth Management Services Introduction

11.3.4 Bank of America Revenue in Wealth Management Services Business (2018-2023)

11.3.5 Bank of America Recent Development

11.4 Morgan Stanley

11.4.1 Morgan Stanley Company Detail

11.4.2 Morgan Stanley Business Overview

11.4.3 Morgan Stanley Wealth Management Services Introduction

11.4.4 Morgan Stanley Revenue in Wealth Management Services Business (2018-2023)

11.4.5 Morgan Stanley Recent Development

11.5 JP Morgan Asset Management

11.5.1 JP Morgan Asset Management Company Detail

11.5.2 JP Morgan Asset Management Business Overview

11.5.3 JP Morgan Asset Management Wealth Management Services Introduction

11.5.4 JP Morgan Asset Management Revenue in Wealth Management Services Business (2018-2023)

11.5.5 JP Morgan Asset Management Recent Development

11.6 Industrial and Commercial Bank of China

11.6.1 Industrial and Commercial Bank of China Company Detail

11.6.2 Industrial and Commercial Bank of China Business Overview

11.6.3 Industrial and Commercial Bank of China Wealth Management Services Introduction

11.6.4 Industrial and Commercial Bank of China Revenue in Wealth Management Services Business (2018-2023)

11.6.5 Industrial and Commercial Bank of China Recent Development

11.7 Allianz Group

11.7.1 Allianz Group Company Detail

11.7.2 Allianz Group Business Overview

11.7.3 Allianz Group Wealth Management Services Introduction

11.7.4 Allianz Group Revenue in Wealth Management Services Business (2018-2023)

11.7.5 Allianz Group Recent Development

11.8 UBS

11.8.1 UBS Company Detail

11.8.2 UBS Business Overview

11.8.3 UBS Wealth Management Services Introduction

11.8.4 UBS Revenue in Wealth Management Services Business (2018-2023)

11.8.5 UBS Recent Development

11.9 State Street Global Advisors

11.9.1 State Street Global Advisors Company Detail

11.9.2 State Street Global Advisors Business Overview

11.9.3 State Street Global Advisors Wealth Management Services Introduction

11.9.4 State Street Global Advisors Revenue in Wealth Management Services Business (2018-2023)

11.9.5 State Street Global Advisors Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Wealth Management Services Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Portfolio Management

    Table 3. Key Players of Funds

    Table 4. Key Players of Trusts

    Table 5. Key Players of Investment Advice

    Table 6. Key Players of Other Financial Vehicles

    Table 7. Global Wealth Management Services Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Wealth Management Services Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Wealth Management Services Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global Wealth Management Services Market Share by Region (2018-2023)

    Table 11. Global Wealth Management Services Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global Wealth Management Services Market Share by Region (2024-2029)

    Table 13. Wealth Management Services Market Trends

    Table 14. Wealth Management Services Market Drivers

    Table 15. Wealth Management Services Market Challenges

    Table 16. Wealth Management Services Market Restraints

    Table 17. Global Wealth Management Services Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global Wealth Management Services Market Share by Players (2018-2023)

    Table 19. Global Top Wealth Management Services Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Wealth Management Services as of 2022)

    Table 20. Ranking of Global Top Wealth Management Services Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by Wealth Management Services Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players Wealth Management Services Product Solution and Service

    Table 24. Date of Enter into Wealth Management Services Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global Wealth Management Services Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global Wealth Management Services Revenue Market Share by Type (2018-2023)

    Table 28. Global Wealth Management Services Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global Wealth Management Services Revenue Market Share by Type (2024-2029)

    Table 30. Global Wealth Management Services Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global Wealth Management Services Revenue Market Share by Application (2018-2023)

    Table 32. Global Wealth Management Services Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global Wealth Management Services Revenue Market Share by Application (2024-2029)

    Table 34. North America Wealth Management Services Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America Wealth Management Services Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America Wealth Management Services Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe Wealth Management Services Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe Wealth Management Services Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe Wealth Management Services Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific Wealth Management Services Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific Wealth Management Services Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific Wealth Management Services Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America Wealth Management Services Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America Wealth Management Services Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America Wealth Management Services Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa Wealth Management Services Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa Wealth Management Services Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa Wealth Management Services Market Size by Country (2024-2029) & (US$ Million)

    Table 49. Wells Fargo Company Detail

    Table 50. Wells Fargo Business Overview

    Table 51. Wells Fargo Wealth Management Services Product

    Table 52. Wells Fargo Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 53. Wells Fargo Recent Development

    Table 54. BlackRock Company Detail

    Table 55. BlackRock Business Overview

    Table 56. BlackRock Wealth Management Services Product

    Table 57. BlackRock Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 58. BlackRock Recent Development

    Table 59. Bank of America Company Detail

    Table 60. Bank of America Business Overview

    Table 61. Bank of America Wealth Management Services Product

    Table 62. Bank of America Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 63. Bank of America Recent Development

    Table 64. Morgan Stanley Company Detail

    Table 65. Morgan Stanley Business Overview

    Table 66. Morgan Stanley Wealth Management Services Product

    Table 67. Morgan Stanley Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 68. Morgan Stanley Recent Development

    Table 69. JP Morgan Asset Management Company Detail

    Table 70. JP Morgan Asset Management Business Overview

    Table 71. JP Morgan Asset Management Wealth Management Services Product

    Table 72. JP Morgan Asset Management Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 73. JP Morgan Asset Management Recent Development

    Table 74. Industrial and Commercial Bank of China Company Detail

    Table 75. Industrial and Commercial Bank of China Business Overview

    Table 76. Industrial and Commercial Bank of China Wealth Management Services Product

    Table 77. Industrial and Commercial Bank of China Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 78. Industrial and Commercial Bank of China Recent Development

    Table 79. Allianz Group Company Detail

    Table 80. Allianz Group Business Overview

    Table 81. Allianz Group Wealth Management Services Product

    Table 82. Allianz Group Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 83. Allianz Group Recent Development

    Table 84. UBS Company Detail

    Table 85. UBS Business Overview

    Table 86. UBS Wealth Management Services Product

    Table 87. UBS Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 88. UBS Recent Development

    Table 89. State Street Global Advisors Company Detail

    Table 90. State Street Global Advisors Business Overview

    Table 91. State Street Global Advisors Wealth Management Services Product

    Table 92. State Street Global Advisors Revenue in Wealth Management Services Business (2018-2023) & (US$ Million)

    Table 93. State Street Global Advisors Recent Development

    Table 94. Research Programs/Design for This Report

    Table 95. Key Data Information from Secondary Sources

    Table 96. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Wealth Management Services Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Wealth Management Services Market Share by Type: 2022 VS 2029

    Figure 3. Portfolio Management Features

    Figure 4. Funds Features

    Figure 5. Trusts Features

    Figure 6. Investment Advice Features

    Figure 7. Other Financial Vehicles Features

    Figure 8. Global Wealth Management Services Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global Wealth Management Services Market Share by Application: 2022 VS 2029

    Figure 10. Financial Case Studies

    Figure 11. Internet Case Studies

    Figure 12. e-Commerce Case Studies

    Figure 13. Other Case Studies

    Figure 14. Wealth Management Services Report Years Considered

    Figure 15. Global Wealth Management Services Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 16. Global Wealth Management Services Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 17. Global Wealth Management Services Market Share by Region: 2022 VS 2029

    Figure 18. Global Wealth Management Services Market Share by Players in 2022

    Figure 19. Global Top Wealth Management Services Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Wealth Management Services as of 2022)

    Figure 20. The Top 10 and 5 Players Market Share by Wealth Management Services Revenue in 2022

    Figure 21. North America Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. North America Wealth Management Services Market Share by Country (2018-2029)

    Figure 23. United States Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Canada Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Europe Wealth Management Services Market Share by Country (2018-2029)

    Figure 27. Germany Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. France Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. U.K. Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Italy Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Russia Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Nordic Countries Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Asia-Pacific Wealth Management Services Market Share by Region (2018-2029)

    Figure 35. China Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Japan Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. South Korea Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Southeast Asia Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. India Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Australia Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Latin America Wealth Management Services Market Share by Country (2018-2029)

    Figure 43. Mexico Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Brazil Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Middle East & Africa Wealth Management Services Market Share by Country (2018-2029)

    Figure 47. Turkey Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Saudi Arabia Wealth Management Services Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. Wells Fargo Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 50. BlackRock Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 51. Bank of America Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 52. Morgan Stanley Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 53. JP Morgan Asset Management Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 54. Industrial and Commercial Bank of China Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 55. Allianz Group Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 56. UBS Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 57. State Street Global Advisors Revenue Growth Rate in Wealth Management Services Business (2018-2023)

    Figure 58. Bottom-up and Top-down Approaches for This Report

    Figure 59. Data Triangulation

    Figure 60. Key Executives Interviewed