This statistic shows the total annual revenue value of all large wealth management firms in the United Kingdom (UK) between 2013 and 2018. Wealth management is a broad category of financial services, which includes management of client's assets, and optimization of investment portfolio, according to client's financial goals and objectives. Private banking provides services that might not include investments. It typically centers around high-net-worth-individuals (HNWIs) financial needs, offering personalized care of clients' finances, either by public or private financial institution. As the data showed, revenues for wealth management companies and private banks grew steadily over time, from nearly 5.61 billion British pounds in 2013 to nearly 7.23 billion British pounds in 2018.
Total revenue of large wealth management firms and private banks in the United Kingdom (UK) from 2013 till 2018
(in million GBP)
large private banks or wealth management companies.
Supplementary notes
All firms included in ComPeer’s Annual Benchmarking Survey must be private client businesses, have at least £50 million under management or funds under administration at the end of the calendar year and be the UK operations.
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ComPeer. (June 18, 2019). Total revenue of large wealth management firms and private banks in the United Kingdom (UK) from 2013 till 2018 (in million GBP) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/384768/uk-revenue-of-large-wealth-management-firms-types/
ComPeer. "Total revenue of large wealth management firms and private banks in the United Kingdom (UK) from 2013 till 2018 (in million GBP) ." Chart. June 18, 2019. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/384768/uk-revenue-of-large-wealth-management-firms-types/
ComPeer. (2019). Total revenue of large wealth management firms and private banks in the United Kingdom (UK) from 2013 till 2018 (in million GBP) . Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/384768/uk-revenue-of-large-wealth-management-firms-types/
ComPeer. "Total Revenue of Large Wealth Management Firms and Private Banks in The United Kingdom (Uk) from 2013 till 2018 (in Million Gbp) ." Statista, Statista Inc., 18 Jun 2019, https://www.statista.com/statistics/384768/uk-revenue-of-large-wealth-management-firms-types/
ComPeer, Total revenue of large wealth management firms and private banks in the United Kingdom (UK) from 2013 till 2018 (in million GBP) Statista, https://www.statista.com/statistics/384768/uk-revenue-of-large-wealth-management-firms-types/ (last visited November 23, 2024)
Total revenue of large wealth management firms and private banks in the United Kingdom (UK) from 2013 till 2018 (in million GBP) [Graph], ComPeer, June 18, 2019. [Online]. Available: https://www.statista.com/statistics/384768/uk-revenue-of-large-wealth-management-firms-types/