Key Trend Reshaping the Financial Advisory Market in 2025: Technological innovations are a key trend gaining popularity in the financial advisory market.

What industry-specific factors are fueling the growth of the financial advisory market?
The financial advisory market is predicted to thrive, propelled by a surge in high-net-worth individuals (HNWI). Defined as individuals possessing liquid assets of at least USD 1 million, HNWIs frequently harness the expertise of financial advisors to manage their substantial wealth for enhanced benefits and prospects. Case in point, the World Wealth Report 2024, disseminated by France-based IT firm Capgemini revealed a 5.1% rise in the HNWI population in June 2024, counteracting the 3.6% and 3.3% slump witnessed in 2022. Consequently, this escalation in high-net-worth individuals (HNWI) is bolstering the advancement of the financial advisory market.

Get Your Financial Advisory Market Report Here:
https://www.thebusinessresearchcompany.com/report/financial-advisory-global-market-report

What Is the projected market size and growth rate for the financial advisory market?
Over the past few years, the size of the financial advisory market has shown steady growth. The expected increase is from $209.38 billion in 2024 to $218.96 billion in 2025, representing a compound annual growth rate (CAGR) of 4.6%. Factors like economic conditions, demographic changes, market instability, globalization, and the rise in wealth levels have contributed to the growth observed in the historical phase.

The financial advisory sector is projected to witness robust expansion in the coming years, with a total market size anticipated to reach an impressive $273.67 billion by 2029, experiencing a compound annual growth rate (CAGR) of 5.7%. The increase during the projected period is anticipated to be driven by factors such as the changing regulatory environment, the growth of sustainable and ESG investing strategies, a focus on retirement planning services, an emphasis on personalized and customized solutions, and collaborations with fintech firms. Other significant trends shaping the future of the market include the ongoing digital transformation, advancements in technology, an increased focus on ESG investments, the rise of automated financial advisors or robo-advisors, and the trend of personalized financial planning.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9592&type=smp

What new trends are reshaping the financial advisory market and its opportunities?
The increasing emphasis on technological advancements is a noticeable trend being observed in the financial advisory market. Major players in this market are embracing new technologies to keep ahead of their competition. For example, SRG Financial Advisors, a company based in the US that deals primarily with holistic financial planning, introduced 'Mile Marker Digital Vault Technology' in March 2022. This was done in collaboration with FutureVault, a Canada-based company that offers secure document exchange and digital vault services. The team at SRG is putting into motion several forward-looking procedural and technological modifications for their clientele, with the Marker Vault leading the charge. The main aim of this technology is to improve management of clients' assets and financial planning experiences and to simplify procedures, enabling them to focus on their top priorities. FutureVault provides a secure, shared platform for SRG Financial Advisors and their clients to handle information and documentation more effectively, potentially making dealings between them significantly more efficient.

What major market segments define the scope and growth of the financial advisory market?
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

Subsegments:
1) By Corporate Finance: Mergers And Acquisitions (M&A), Capital Raising, Financial Restructuring
2) By Accounting Advisory: Financial Reporting, Compliance And Regulatory Advisory, Internal Controls And Risk Assessment
3) By Tax Advisory: Tax Planning And Compliance: Transfer Pricing, International Tax Advisory
4) By Transaction Services: Due Diligence: Valuation Services, Transaction Structuring
5) By Risk Management: Enterprise Risk Management: Operational Risk Assessment, Compliance Risk Management
6) By Other Types: Investment Advisory, Wealth Management, Financial Planning Services

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9592

Which region dominates the financial advisory market?
Asia-Pacific was the largest region in the financial advisory market in 2024. The regions covered in the financial advisory market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the financial advisory industry growth?
Major companies operating in the financial advisory market include 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, RWBaird, 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

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=9592&type=smp

What Is Covered In The Financial Advisory Global Market Report?

•Market Size Forecast: Examine the financial advisory market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the financial advisory market for a structured understanding.
•Key Players Overview: Analyze major players in the financial advisory market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the financial advisory market.
•Segment Contributions: Evaluate how different segments drive overall growth in the financial advisory market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the financial advisory market.
•Industry Challenges: Identify potential risks and obstacles affecting the financial advisory market.
•Competitive Landscape: Review strategic developments in the financial advisory market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.