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Wealth Advisory Services in Canada Anticipated to Gain Steady Revenue Growth Due to Canada’s First Bitcoin Fund Launch

01-29-2018 12:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Hub

Market Research Hub

Market Research Hub

A new report titled ‘Wealth Advisory Services in Canada-December 2017’ has recently been added by Market Research Hub (MRH) in its extensive research repository. The report provides an overview of the wealth advisory services market in Canada. The report commences with the relevant introduction and basic definition of the wealth advisory services market in Canada. The report throws light on the market dynamics including restraints, drivers, key trends and opportunities prevailing in the wealth advisory services sector in Canada. The key factors influencing the growth of the market are also mentioned in the report.

Request For Free Sample - https://www.marketresearchhub.com/enquiry.php?type=S&repid=1476658

The report further highlights the leading players in Canada’s wealth advisory services market. This study highlights key opportunities in Canada’s wealth advisory services market. The report also briefs on the data sources, consumer survey data, report terms and abbreviations. Industry developments and major innovations including marketing campaigns are highlighted in this study. The report presents the present nature and future status of the wealth advisory services market in Canada.

Key Insights from the Report

The report highlights that diminished capacity among seniors is the consequence of an ageing population, and Canada will become increasingly diverse in the future. Usage of digital investment tools including robo-advisors is low; and household debts and home prices pose the biggest risk to the Canadian economy. These are the key market factors influencing the overall growth of the Canada wealth advisory services market. In addition to this, the report states that around seven in 10 Asian Canadians use banks or bank wealth management subsidiaries. Also, one in five millionaires use a bank-owned discount brokerage account. Canada’s development is estimated to dominate the G7 this year as OECD boosts projection. The study also reveals few of the important market campaigns featured in the report.
Key Pointers from the Report

• About half the Canadian population has an RRSP or TFSA
• About half of the investors in Canada use a retail bank as their main investment company
• Investors are not enamored with passive investing
• Product offerings, performance and fees are the significant reasons for attrition
• Enthusiasm to use robo-advisors intensely varies by gender and age

Wealth Advisory Services Market in Canada: Key Player Insights

The report provides ‘a dashboard view’ to readers, enabling them to understand the competitive scenario of the wealth advisory services market in Canada. The report also highlights the top leading players operating in the wealth advisory services sector in Canada such as Nest Wealth, Bitcoin, Bank of Canada, Royal Bank of Canada, and Exchange-Traded Fund. The report further reveals that the first Bitcoin fund was launched in Canada and also that Canada's first artificial intelligence Exchange-Traded Fund will hit the wealth advisory services sector in Canada.

Enquire About this Report - https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1476658

About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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