The number of assets under management in the 'Financial Advisory' segment of the wealth management market in the United States was forecast to continuously increase between 2024 and 2029 by in total 12.7 trillion U.S. dollars (+14.66 percent). After the seventh consecutive increasing year, the number of assets under management is estimated to reach 99.37 trillion U.S. dollars and therefore a new peak in 2029.
Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2018 to 2024 with a forecast to 2029
(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. (October 21, 2024). Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2018 to 2024 with a forecast to 2029 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 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 2018 to 2024 with a forecast to 2029 (in trillion U.S. dollars)." Chart. October 21, 2024. Statista. Accessed December 23, 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 2018 to 2024 with a forecast to 2029 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 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 2018 to 2024 with a Forecast to 2029 (in Trillion U.S. Dollars)." Statista, Statista Inc., 21 Oct 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 2018 to 2024 with a forecast to 2029 (in trillion U.S. dollars) Statista, https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us (last visited December 23, 2024)
Total Assets Under Management (AUM) by financial advisors in the wealth management market in the United States from 2018 to 2024 with a forecast to 2029 (in trillion U.S. dollars) [Graph], Statista, October 21, 2024. [Online]. Available: https://www.statista.com/forecasts/1483264/total-aum-by-wealth-managers-in-the-us
