The level of Assets Under Management (AUM) in the financial advisory segment of the wealth management market in the United States was forecast to continuously increase between 2024 and 2028 by in total 22.5 trillion U.S. dollars (+35.94 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 85.14 trillion U.S. dollars and therefore a new peak in 2028.
Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2017 to 2024 with a forecast to 2028
(in trillion U.S. dollars)
Data provided by Statista Market Insights are estimates.
Definition:
Financial advisory is the process of providing guidance and recommendations to clients regarding their financial decisions. Financial advisors use their expertise and knowledge to help clients make informed decisions about their investments, retirement planning, taxes, insurance, and other financial matters. The Financial Advisory segment encompasses the revenues generated by this service by both financial institutions and advisors, and includes the number of financial advisors, average revenue per advisor, and assets under management (AUM).
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Statista. (August 2, 2024). Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2017 to 2024 with a forecast to 2028 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us
Statista. "Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2017 to 2024 with a forecast to 2028 (in trillion U.S. dollars)." Chart. August 2, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us
Statista. (2024). Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2017 to 2024 with a forecast to 2028 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us
Statista. "Total Assets Under Management (Aum) by Financial Advisors in The Wealth Management Market in The United States from 2017 to 2024 with a Forecast to 2028 (in Trillion U.S. Dollars)." Statista, Statista Inc., 2 Aug 2024, https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us
Statista, Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2017 to 2024 with a forecast to 2028 (in trillion U.S. dollars) Statista, https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us (last visited November 21, 2024)
Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2017 to 2024 with a forecast to 2028 (in trillion U.S. dollars) [Graph], Statista, August 2, 2024. [Online]. Available: https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us
