GITNUXREPORT 2025

Wealth Management Industry Statistics

Wealth management industry projects $2.7 trillion market growth by 2025.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

65% of high-net-worth individuals prefer personalized investment strategies

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The average age of wealth management clients is 62 years old globally

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Women represent approximately 25% of high-net-worth individuals globally

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35% of wealth management clients use mobile apps to monitor their investments

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The average AUM per client in the wealth management industry is approximately $2.4 million

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Less than 20% of wealth management firms have fully integrated ESG investing into their portfolios

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Millennials are predicted to inherit over $68 trillion globally by 2030, increasing demand for innovative wealth management solutions

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Nearly 60% of clients prefer hybrid advising models combining human and digital advice

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The average length of a client-adviser relationship in wealth management is about 7 years

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Approximately 70% of wealth managers cite client retention as their top priority

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In 2022, around 30% of globally sourced funds were managed offshore, mainly due to tax efficiency and privacy concerns

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Approximately 45% of wealth management clients would switch providers for better digital services

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In 2023, the majority of new wealth management accounts were opened by individuals aged 35-50, indicating a shift towards younger investors

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Approximately 85% of wealth management clients prefer fully digital onboarding processes

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The percentage of clients who prefer socially responsible investments increased by 25% over the last four years

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The global wealth management market is projected to reach $2.7 trillion by 2025

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The number of high-net-worth individuals (HNWI) worldwide surpassed 22 million in 2022

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Assets managed by the global private banking industry are estimated at $31.5 trillion in 2023

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Robo-advisors now manage over $2.3 trillion in global AUM as of 2023

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The global robo-advisors market is expected to grow at a CAGR of nearly 36% from 2023 to 2028

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High-net-worth individuals (HNWIs) with investable assets of over $1 million accounted for over 55% of all global wealth in 2022

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The U.S. accounts for approximately 64% of total global high-net-worth individual wealth

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The average global fee rate for wealth management services has decreased by 0.2 percentage points over the last five years

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Asian HNWIs saw a 12% increase in wealth in 2022, outpacing global growth

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The top 10 wealth management firms control over 45% of the global market AUM

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In Europe, AUM in private wealth management is expected to grow at a CAGR of 7% from 2022 to 2027

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The total assets under management globally are projected to reach $146 trillion by the end of 2025

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The adoption of blockchain technology in wealth management is expected to grow at a CAGR of 50% from 2023 to 2028

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The global ESG investing market size was valued at $35.3 trillion in 2022 and is expected to grow significantly

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The use of big data analytics by wealth management firms increased by 48% from 2020 to 2023

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The percentage of global wealth managed through family offices has increased to over 5% in recent years

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The average cost of establishing a family office is estimated at $1 million, restricting access to ultra-high-net-worth individuals

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The use of ChatGPT and AI-powered chatbots in client communication increased by over 300% from 2021 to 2023

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The global market for sustainable and impact investing funds is projected to reach $53 trillion by 2025

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The share of wealth management assets held in Asia-Pacific is expected to double by 2030, owing to rapid economic growth and increasing HNWI populations

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The total number of registered digital-only banks offering wealth management services has increased by 150% since 2020

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The average fee charged by wealth managers on assets under management (AUM) is approximately 1%

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The average client-to-adviser ratio in the wealth management industry is 165:1 globally

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Women investors tend to be more risk-averse, with 55% indicating they prefer conservative investments

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78% of wealth managers believe client data security is critical for digital transformation

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60% of wealth managers see cybersecurity threats as the biggest risk to their digital transformation efforts

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Approximately 52% of wealth management firms utilize digital platforms for client engagement

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40% of wealth management assets in North America are managed through digital channels

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The percentage of wealth managers leveraging AI and machine learning increased by 43% between 2020 and 2023

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Automated tax-loss harvesting is used by 30% of wealth managers to optimize portfolios

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Only 15% of wealth management firms currently offer comprehensive financial planning services online

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Nearly 80% of wealth managers have adopted hybrid advisory models combining digital tools with personal advising

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Key Highlights

The global wealth management market is projected to reach $2.7 trillion by 2025
The number of high-net-worth individuals (HNWI) worldwide surpassed 22 million in 2022
Assets managed by the global private banking industry are estimated at $31.5 trillion in 2023
The average fee charged by wealth managers on assets under management (AUM) is approximately 1%
Robo-advisors now manage over $2.3 trillion in global AUM as of 2023
Approximately 52% of wealth management firms utilize digital platforms for client engagement
65% of high-net-worth individuals prefer personalized investment strategies
The average age of wealth management clients is 62 years old globally
40% of wealth management assets in North America are managed through digital channels
The global robo-advisors market is expected to grow at a CAGR of nearly 36% from 2023 to 2028
High-net-worth individuals (HNWIs) with investable assets of over $1 million accounted for over 55% of all global wealth in 2022
The percentage of wealth managers leveraging AI and machine learning increased by 43% between 2020 and 2023
The average client-to-adviser ratio in the wealth management industry is 165:1 globally

The wealth management industry is experiencing a seismic shift, with the global market projected to reach $2.7 trillion by 2025, driven by digital innovation, rising numbers of high-net-worth individuals, and a burgeoning focus on sustainable investing.

Client Demographics and Preferences

65% of high-net-worth individuals prefer personalized investment strategies
The average age of wealth management clients is 62 years old globally
Women represent approximately 25% of high-net-worth individuals globally
35% of wealth management clients use mobile apps to monitor their investments
The average AUM per client in the wealth management industry is approximately $2.4 million
Less than 20% of wealth management firms have fully integrated ESG investing into their portfolios
Millennials are predicted to inherit over $68 trillion globally by 2030, increasing demand for innovative wealth management solutions
Nearly 60% of clients prefer hybrid advising models combining human and digital advice
The average length of a client-adviser relationship in wealth management is about 7 years
Approximately 70% of wealth managers cite client retention as their top priority
In 2022, around 30% of globally sourced funds were managed offshore, mainly due to tax efficiency and privacy concerns
Approximately 45% of wealth management clients would switch providers for better digital services
In 2023, the majority of new wealth management accounts were opened by individuals aged 35-50, indicating a shift towards younger investors
Approximately 85% of wealth management clients prefer fully digital onboarding processes
The percentage of clients who prefer socially responsible investments increased by 25% over the last four years

Client Demographics and Preferences Interpretation

As the industry evolves, with 65% of high-net-worth individuals craving personalized strategies, a digitally savvy, younger, and socially conscious clientele averaging 62 years of age and managing around $2.4 million each, continues to redefine wealth management—yet less than 20% of firms have fully embraced ESG investing, while nearly 60% favor hybrid advice models; as millennials poised to inherit over $68 trillion come of age, firms must adapt swiftly, or risk losing 45% of clients to more innovative and digital-first competitors.

Market Size and Growth

The global wealth management market is projected to reach $2.7 trillion by 2025
The number of high-net-worth individuals (HNWI) worldwide surpassed 22 million in 2022
Assets managed by the global private banking industry are estimated at $31.5 trillion in 2023
Robo-advisors now manage over $2.3 trillion in global AUM as of 2023
The global robo-advisors market is expected to grow at a CAGR of nearly 36% from 2023 to 2028
High-net-worth individuals (HNWIs) with investable assets of over $1 million accounted for over 55% of all global wealth in 2022
The U.S. accounts for approximately 64% of total global high-net-worth individual wealth
The average global fee rate for wealth management services has decreased by 0.2 percentage points over the last five years
Asian HNWIs saw a 12% increase in wealth in 2022, outpacing global growth
The top 10 wealth management firms control over 45% of the global market AUM
In Europe, AUM in private wealth management is expected to grow at a CAGR of 7% from 2022 to 2027
The total assets under management globally are projected to reach $146 trillion by the end of 2025
The adoption of blockchain technology in wealth management is expected to grow at a CAGR of 50% from 2023 to 2028
The global ESG investing market size was valued at $35.3 trillion in 2022 and is expected to grow significantly
The use of big data analytics by wealth management firms increased by 48% from 2020 to 2023
The percentage of global wealth managed through family offices has increased to over 5% in recent years
The average cost of establishing a family office is estimated at $1 million, restricting access to ultra-high-net-worth individuals
The use of ChatGPT and AI-powered chatbots in client communication increased by over 300% from 2021 to 2023
The global market for sustainable and impact investing funds is projected to reach $53 trillion by 2025
The share of wealth management assets held in Asia-Pacific is expected to double by 2030, owing to rapid economic growth and increasing HNWI populations
The total number of registered digital-only banks offering wealth management services has increased by 150% since 2020

Market Size and Growth Interpretation

As the wealth management industry races toward a staggering $2.7 trillion valuation by 2025, it becomes clear that digital disruption, blockchain, ESG, and AI are not just trends but the new blueprint—proving that even in the pursuit of wealth, innovation isn't optional but essential.

Market Structure and Competitive Landscape

The average fee charged by wealth managers on assets under management (AUM) is approximately 1%
The average client-to-adviser ratio in the wealth management industry is 165:1 globally
Women investors tend to be more risk-averse, with 55% indicating they prefer conservative investments

Market Structure and Competitive Landscape Interpretation

While wealth managers typically charge a modest 1% fee and juggle a staggering 165 clients on average, the industry's tried-and-true approach must now adapt to women investors' cautious stance, reminding us that even in high finance, risk awareness and personalized service are the true assets.

Regulatory and Security Concerns

78% of wealth managers believe client data security is critical for digital transformation
60% of wealth managers see cybersecurity threats as the biggest risk to their digital transformation efforts

Regulatory and Security Concerns Interpretation

With 78% of wealth managers considering client data security paramount and 60% viewing cybersecurity threats as their top obstacle, it's clear that safeguarding digital trust is the gatekeeper to successful transformation in wealth management.

Technological Advancements and Digital Adoption

Approximately 52% of wealth management firms utilize digital platforms for client engagement
40% of wealth management assets in North America are managed through digital channels
The percentage of wealth managers leveraging AI and machine learning increased by 43% between 2020 and 2023
Automated tax-loss harvesting is used by 30% of wealth managers to optimize portfolios
Only 15% of wealth management firms currently offer comprehensive financial planning services online
Nearly 80% of wealth managers have adopted hybrid advisory models combining digital tools with personal advising

Technological Advancements and Digital Adoption Interpretation

As the wealth management landscape rapidly pivots toward digital and AI-driven solutions—with nearly half of assets now managed online and a booming 43% increase in AI adoption—firms embracing hybrid models and automated strategies are poised to outpace traditional firms, as the industry's digital revolution redefines client engagement and portfolio optimization.