According to the latest report by IMARC Group, titled “Wealth Management Platform Market Report by Advisory Model (Hybrid, Robo Advisory, Human Advisory), Deployment Mode (On-premises, Cloud-based), Business Function (Reporting, Performance Management, Financial Advice Management, Risk and Compliance Management, Portfolio, Accounting and Trading Management, and Others), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), End Use Industry (Banks, Brokerage Firms, Investment Management Firms, Trading and Exchange Firms, and Others), and Region 2025-2033,” the global wealth management platform market size reached USD 5.5 Billion in 2024. A wealth management platform is a specialized software solution that is designed to facilitate the comprehensive management and optimization of financial assets and investments of individuals. It provides various tools and functionalities that enable financial advisors, institutions, and individuals to efficiently oversee and enhance their investment portfolios. It offers various financial services, such as portfolio management, financial planning, risk assessment, and reporting, in a cohesive digital environment. As it benefits in mitigating risks and maximizing returns for clients, the demand for wealth management platforms is increasing worldwide.
Global Wealth Management Platform Market Trends:
At present, the rising preference for personalized financial services represents one of the major factors contributing to the market growth. Besides this, the growing demand for efficient wealth distribution and asset allocation is offering a positive market outlook. In addition, the increasing need for software that facilitates seamless collaboration between financial advisors and clients is supporting the growth of the market. Apart from this, the rising integration of artificial intelligence (AI) to efficiently track expenditure and identify investment preferences of individuals is bolstering the growth of the market. Looking forward, the market value is projected to reach USD 14.0 Billion by 2033, expanding at a CAGR of 10.88% during 2025-2033.
Market Summary:
- Based on the advisory model, the market has been classified into hybrid, robo advisory, and human advisory. At present, human advisory dominates the market, accounting for the largest share.
- On the basis of the deployment mode, the cloud-based exhibits a clear dominance in the market, followed by on-premises.
- Based on the business function, the market has been segregated into reporting, performance management, financial advice management, risk and compliance management, portfolio, accounting and trading management, and others.
- On the basis of enterprise size, the market has been bifurcated into large enterprises and small and medium-sized enterprises.
- Based on the end use industry, the market has been divided into banks, brokerage firms, investment management firms, trading and exchange firms, and others. Presently, banks represent the biggest market shares.
- Region-wise, the market has been segmented into North America (United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
- The competitive landscape of the market has also been examined, with some of the key players being Avaloq (NEC Corporation), Backbase, Broadridge Financial Solutions Inc., Comarch SA, Crealogix AG, Fidelity National Information Services Inc., Fiserv Inc., Infosys Limited, Profile Systems and Software S.A., Prometeia S.p.A, SEI Investments Company, SS&C Technologies Inc., Tata Consultancy Services Limited, and Temenos Headquarters SA.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2019-2024 |
Forecast Period |
2025-2033 |
Units |
Billion USD |
Segment Coverage |
Advisory Model, Deployment Mode, Business Function, Enterprise Size, End Use Industry, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Avaloq (NEC Corporation), Backbase, Broadridge Financial Solutions Inc., Comarch SA, Crealogix AG, Fidelity National Information Services Inc., Fiserv Inc., Infosys Limited, Profile Systems and Software S.A., Prometeia S.p.A, SEI Investments Company, SS&C Technologies Inc., Tata Consultancy Services Limited and Temenos Headquarters SA. |
Customization Scope |
10% Free Customization |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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