North America Financial Advisory Services Market is Segmented by Type (Corporate Finance, Accounting Advisory, Tax Advisory, Transaction Services, Risk Management, and Others), Organization Size (Large Enterprises And Small & Medium-Sized Enterprises), Industry Vertical (BFSI, IT, and Telecom, Manufacturing, Retail, and E-Commerce, Public Sector, Healthcare, and Others), and Countries (USA, Canada and Rest of North America). The Report Offers Market Size and Forecasts for the North America Financial Advisory Services Market in Value (USD) for all the Above Segments.

Financial Advisory Services Market is segmented by type (Corporate Finance, Accounting Advisory, Tax Advisory, Transaction Services, Risk Management, and others), by organization size (Large Enterprises and Small & Medium-Sized Enterprises), by industry vertical (BFSI, IT, and Telecom, Manufacturing, Retail, and E-Commerce, Public Sector, Healthcare, and Others), by geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report offers market size and forecasts for the Financial Advisory Services Market in value (USD Billion) for all the above segments.

Explore the Financial Advisory Market trends! Covers key players, growth rate 5.7% CAGR, market size $273.67 Billion, and forecasts to 2034. Get insights now!

The global financial advisory market, which is instrumental in mergers and acquisitions (M&As), was valued at 70.4 billion U.S. dollars in 2016. This valuation has increased steadily since 2011. This advising helps firms integrate with other firms, either through horizontal integration (mergers) or vertical integration (acquisitions).

Why is M&A important?

Economies of scale is the idea that some industries are more efficient when firms are larger. Investment banks facilitate these M&A deals. This allows the firms involved to become more profitable, and the investment banks generate a large portion of their revenue from these activities.

M&A deals

The largest M&A deals can exceed 100 million U.S. dollars in value. Since some sectors are more suited for integration, the value of deals depends on the industry . The leading investment banks monitor these industries closely. Participating in these deals generates significant revenues for these banks, giving them incentive to find companies that are ready for the process.

Global financial planning software market size was valued at USD 3,616.9 million in 2021 and is expected to grow at a CAGR of 16.3% during the forecast period.

The Europe Financial Advisory Services Market Is Segmented By Type (Corporate Finance, Accounting Advisory, Tax Advisory, Transaction Services, Risk Management, And Others), By Organization Size (Large Enterprises And Small And Medium-Sized Enterprises), By Industry Vertical (Bfsi, It And Telecom, Manufacturing, Retail And E-Commerce, Public Sector, Healthcare, And Others), And By Country (U.K., Germany, France, Italy, Spain, And Rest Of Europe). The Report Offers Market Size And Forecasts For The Europe Financial Advisory Services Market In Value (USD) For All The Above Segments.

In 2025, eMoney led the global financial planning software market, being used by over 28 percent of surveyed financial planning and advisory companies worldwide. MoneyGuidePro held second place with a market share of 22.79 percent, and Right Capital ranked third, with a market share of 20.68 percent.

Global financial advisory market size is expected at $320,128.5 million by 2032 at a growth rate of 5.5%.

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Financial Planning Software Market Size 2024-2028

The financial planning software market size is forecast to increase by USD 8.67 billion at a CAGR of 23.55% between 2023 and 2028.

The market is experiencing significant growth due to increasing complexity in financial management and the integration of advances in artificial intelligence (AI). These trends enable automated financial planning, forecasting, and analysis, enhancing the efficiency and accuracy of financial operations. 
However, data privacy and security concerns remain a challenge, as financial data is sensitive and must be protected. Compliance with regulatory requirements and maintaining security services are essential to mitigate risks and build trust with customers. Overall, the market is expected to continue expanding, driven by the need for streamlined financial processes and the potential of AI to transform the industry.

What will be the Size of the Financial Planning Software Market During the Forecast Period?

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The market encompasses solutions that facilitate financial transactions management, investment tracking, digital asset management, budgeting, and portfolio management for individuals, investors, advisors, representatives, accountants, and businesses. These tools utilize economic data and bank records to generate analytical output, enabling effective decisions and digitalizing financial services. 
The market's growth is driven by the increasing number of internet users seeking to manage their financial plans and accounts more efficiently. Amidst the epidemic, there has been a heightened emphasis on remote financial management, further fueling market expansion. Asset management and investment monitoring have emerged as key areas of focus, with solutions offering advanced features to cater to the diverse needs of users.
The market is expected to continue growing, as more individuals and businesses recognize the benefits of leveraging technology for financial planning and management.

How is this Financial Planning Software Industry segmented and which is the largest segment?

The financial planning software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Component

  Software
  Services


Application

  Financial advice and management
  Portfolio/accounting/trading management
  Wealth management
  Personal banking


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Component Insights

The software segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth due to the increasing requirement for efficient data management and organization for financial planning, budgeting, and forecasting. This software stores financial data on a server, accessible to authorized personnel via various devices. Its transparency facilitates quicker and easier monitoring, while also offering tax strategy planning and long-term financial planning. Additionally, the software automates and coordinates portfolio transactions, providing comprehensive data and historical investment information. Economic data, accounting transactions, bank records, and investment monitoring are seamlessly integrated into the software. With automation and digitalization, financial advisory businesses, enterprises, and individual investors can make effective decisions, improving productivity and financial strategies.

The software's cloud-based deployment ensures version control, continuing education, and mobile formats, making it adaptable to law changes and internet dependency. Digital identification technologies, artificial intelligence, and robotic process automation enhance its functionality. Despite concerns regarding time-consuming processes and expenses, the rising demand for financial planning software outweighs these concerns.

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The Software segment was valued at USD 1.53 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 40% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America experienced significant growth in 2023, driven by developed countries such as the US and Canada. With high-income levels, there is an increasing preference for financial planning to m

The size and share of the market is categorized based on Application (Budgeting Software, Retirement Planning Software, Investment Planning Tools, Estate Planning Software) and Product (Financial Planning, Budgeting, Investment Management, Retirement Planning) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Global Financial Consulting market size 2025 was XX Million. Financial Consulting Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Explore the Financial Planning Software Global Market Report 2025 Market trends! Covers key players, growth rate 17.5% CAGR, market size $10.92 Billion, and forecasts to 2033. Get insights now!

The global financial advisory services market is projected to reach $XXX million by 2033, growing at a CAGR of XX% during the forecast period. The increasing demand for financial advisory services from organizations to enhance their financial performance and make informed business decisions is a key growth driver for the market. Additionally, the growing complexity of financial regulations and the need for specialized expertise to navigate them are further boosting market growth. The market is segmented based on type and application. In terms of type, corporate finance, accounting advisory, and tax advisory services account for a significant share of the market. As for application, the BFSI, government & defense, and healthcare sectors are major end-users of financial advisory services. The growing need for risk management and advisory services in these sectors is driving market demand. Key players in the market include The Goldman Sachs Group, Inc., JPMorgan Chase & Co., and Morgan Stanley. These companies offer a comprehensive range of financial advisory services to clients across various industries and regions.

For 2019, it was predicted that financial consulting will account for a 30 percent share of the consulting industry. In that year, the consulting industry was forecasted to reach a market size of approximately 53.6 billion U.S. dollars.

The global financial advisory services market is poised to increase from USD 89.13 billion in 2024 to USD 180.99 billion by 2037, witnessing a CAGR of more than 5.6% throughout the forecast timeline, between 2025 and 2037. Key industry players include Morgan Stanley, Boston Consulting Group, Bank of America Corporation, Goldman Sachs Group Inc., among others.

The global Financial Planning Software market is experiencing robust growth, projected to reach a value of $4.61 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 23.55%. This significant expansion is fueled by several key factors. The increasing demand for efficient and automated financial planning tools among financial advisors and institutions is a primary driver. Rising adoption of cloud-based solutions, offering scalability and accessibility, further contributes to market growth. Furthermore, the growing emphasis on personalized financial advice and the need for sophisticated risk management tools are propelling market expansion. Regulatory changes mandating increased transparency and compliance in financial advisory services also contribute to the market's upward trajectory. The market is segmented by component into software and services, with software expected to maintain a larger market share due to increasing technological advancements and the availability of integrated solutions. The market's competitive landscape is characterized by a mix of established players and emerging fintech companies. Companies like BlackRock, Envestnet, and Morningstar hold significant market share due to their brand recognition and extensive product portfolios. However, numerous smaller, agile companies are innovating with specialized solutions, focusing on niche markets and creating competitive pressure. North America currently dominates the market due to high technological adoption and a large number of financial institutions. However, significant growth opportunities exist in Asia-Pacific and Europe, driven by increasing digitalization and rising disposable incomes in developing economies. While the market faces challenges such as data security concerns and the need for continuous software updates, the overall outlook remains positive, with considerable potential for continued expansion throughout the forecast period (2025-2033). Industry risks include intense competition, cybersecurity threats, and regulatory changes. Successful companies are those that effectively address these risks through technological innovation, robust security measures, and proactive regulatory compliance.

The European financial advisory services market is experiencing robust growth, driven by increasing regulatory complexities, the need for digital transformation within financial institutions, and a rising demand for specialized expertise across various sectors. The market, valued at approximately €[Estimate based on CAGR and available data; For example, if the 2019 value was €Y and CAGR is 4%, then 2025 value could be estimated] million in 2025, is projected to maintain a compound annual growth rate (CAGR) exceeding 4% through 2033. This growth is fueled by several key factors. Firstly, the expanding BFSI (Banking, Financial Services, and Insurance) sector, coupled with the burgeoning IT and Telecom industries, is generating substantial demand for financial advisory services related to mergers and acquisitions, risk management, and strategic planning. Secondly, the increasing prevalence of private equity and venture capital activity necessitates sophisticated financial guidance, further stimulating market expansion. Finally, a rising awareness of regulatory compliance and the need for efficient tax strategies is driving demand for accounting and tax advisory services, especially among large enterprises. Small and medium-sized enterprises (SMEs) also represent a significant and growing market segment, albeit with different needs and service requirements. Geographic variations within Europe exist, with the United Kingdom, Germany, and France representing the largest national markets. However, significant growth potential lies in other regions, driven by increasing economic activity and adoption of advanced financial technologies. While challenges remain, such as economic fluctuations and competition from established players, the overall outlook for the European financial advisory services market remains positive. Continued specialization within advisory services, alongside the incorporation of advanced analytical tools and data-driven insights, is likely to shape the market's future trajectory. This will allow firms to deliver more tailored and effective solutions to a diverse range of clients, fostering further growth in the coming years. Europe Financial Advisory Services Market: A Comprehensive Report (2019-2033) This comprehensive report provides an in-depth analysis of the European financial advisory services market, covering the period from 2019 to 2033. It offers valuable insights into market size, growth drivers, challenges, and key players, utilizing data from the base year 2025 and projecting to 2033. The report will be invaluable for investors, financial institutions, consultants, and businesses operating within or seeking to enter this dynamic market. This report covers key aspects of the market and its future prospects. Recent developments include: February 2023: Deloitte boosted its start-up and scale-up capabilities with the acquisition of 27 pilots, a Germany-based incubator, a venture capitalist, and a matchmaker. With 27 Pilots as part of its portfolio, Deloitte will be able to better serve its base of start-ups and scale-ups with a full range of services, from incubation and growth through to technology, infrastructure, and venture capital solutions., January 2023: Global management and technology consultancy BearingPoint strengthened its team in France with the acquisition of Levo Consultants, a Paris-based financial services consultancy.. Notable trends are: Rising Tax Advisory by Financial Advisory Services.

Global Operations Advisory market size 2025 was XX Million. Operations Advisory Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Global financial planning software market size is expected to reach USD 14,067.40 million by 2030, according to a new study by Polaris Market Research.

Explore the Operations Advisory Global Market Report 2025 Market trends! Covers key players, growth rate 4.2% CAGR, market size $351.14 Billion, and forecasts to 2033. Get insights now!