In 2023, the adoption of financial advisory for wealth management in the United States was quite low. The share of users in the United States who used the services of a professional financial advisor to manage their wealth stood at 26 percent.
Penetration rate of financial advisory services for wealth management in the United States in 2023
Characteristic
Penetration rate in percent
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Statista Market Insights. (March 31, 2024). Penetration rate of financial advisory services for wealth management in the United States in 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1478248/financial-advisory-penetration-usa-wealth-management/
Statista Market Insights. "Penetration rate of financial advisory services for wealth management in the United States in 2023." Chart. March 31, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1478248/financial-advisory-penetration-usa-wealth-management/
Statista Market Insights. (2024). Penetration rate of financial advisory services for wealth management in the United States in 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1478248/financial-advisory-penetration-usa-wealth-management/
Statista Market Insights. "Penetration Rate of Financial Advisory Services for Wealth Management in The United States in 2023." Statista, Statista Inc., 31 Mar 2024, https://www.statista.com/statistics/1478248/financial-advisory-penetration-usa-wealth-management/
Statista Market Insights, Penetration rate of financial advisory services for wealth management in the United States in 2023 Statista, https://www.statista.com/statistics/1478248/financial-advisory-penetration-usa-wealth-management/ (last visited August 24, 2024)
Penetration rate of financial advisory services for wealth management in the United States in 2023 [Graph], Statista Market Insights, March 31, 2024. [Online]. Available: https://www.statista.com/statistics/1478248/financial-advisory-penetration-usa-wealth-management/