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Wealth Management Platform Market Analysis

  • Report ID: GMI3995
  • Published Date: Mar 2023
  • Report Format: PDF

Wealth Management Platform Market Analysis

The wealth management platform market from human advisory mode segment is slated to observe 55% growth between 2023 and 2032. Due to security concerns, human advisory remains the first choice for many HNWIs around the world. Furthermore, human advisory services assist in strengthening client relationships as well as conveying and communicating wealth management strategies & plans. However, trends are gradually shifting and clients are beginning to prefer the hybrid advisory model over the human advisory model.


Several businesses around the world prefer cloud-based solutions owing to the numerous benefits they provide such as scalability, agility, and easy access to data. The cost-effectiveness and scalability of cloud platforms enable businesses to develop innovative wealth management platforms more efficiently. Financial advisory firms around the world are also focusing on adopting cloud-based solutions to reduce operational costs.


Portfolio, accounting, and trading management solutions segment hold over 25.5% wealth management platform market share in 2022 and is predicted to expand at 10% CAGR during the forecasted time-period. The market is growing as the solution allow trading managers to focus on collaborative activities and better serve their customers at a time when the demand for portfolio management & trading solutions is increasing. Portfolio, accounting, and trading managers are under intense pressure to effectively manage the data of their existing customers. As a result, they are aggressively adopting wealth management solutions. Wealth managers are also using portfolio, accounting, and trading management platforms to manage the financial data of clients and effectively support them in making the most profitable decisions


Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of wealth management platform valued at USD 3 billion in 2022 and is projected to witness 10% CAGR from 2023 to 2032, says this GMI report.

The industry size from robo advisory segment is anticipated to observe 15% growth due to expanding investments of financial sector in AI and robotics technologies.

North America wealth management platform market crossed nearly USD 1 billion revenue in 2022 driven by the rise in the number of High-Net-Worth Individuals (HNWIs).

SS&C Technologies Holdings, Inc., Fiserv, Inc., Broadridge, FIS Global, Avaloq, Prometeia, and InvestCloud are some of the leading providers of wealth management platforms.

Wealth Management Platform Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 19
  • Tables & Figures: 310
  • Countries covered: 18
  • Pages: 270
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