The report covers European Wealth Management Market Firms is Segmented by Client Type (HNWI, Retail/ Individuals, Mass Affluent, and Other Client Types) and Wealth Management Firm (Private Bankers, Family Offices, and Other Wealth Management Firms). The report offers market size and forecasts for the Europe wealth management market in value (USD million) for all the above segments.

From 2017 through to 2023, the value of Assets under Management (AUM) through digital assets increased, having experienced a peak of 336.3 billion U.S. dollars in 2023. This upward trend is forecast to continue. The vast majority of assets were, however, managed through traditional means involving financial management and advisory institutions.

The size of the Wealth Management Industry in Europe market was valued at USD 43.02 Million in 2023 and is projected to reach USD 58.19 Million by 2032, with an expected CAGR of 4.41% during the forecast period. The wealth management industry encompasses a range of financial services designed to assist individuals and families in managing their financial assets and achieving their long-term financial goals. This industry primarily targets high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs), offering personalized services that include investment management, financial planning, tax advice, estate planning, and retirement planning. Wealth management firms aim to provide a holistic approach to wealth accumulation and preservation, tailoring strategies to meet the unique needs and preferences of their clients. As the global economy evolves, the wealth management industry is experiencing significant growth driven by increasing wealth concentrations, particularly in emerging markets. The rise in disposable income, along with the growing awareness of the importance of financial planning, has led to a greater demand for comprehensive wealth management services. Additionally, technological advancements, such as robo-advisors and financial technology (fintech) platforms, are transforming how wealth management services are delivered, making them more accessible and efficient. Recent developments include: September 2022: UBS was set to acquire the Millennial and Gen Z-focused Wealthfront. UBS and wealth management platform Wealthfront have pulled out of a proposed acquisition deal., 2021: L&G launched the next-gen protection platform for IFAs. Legal & General Group Protection has launched a next-generation online quote-and-buy platform to widen access to group income protection. The insurer states that its Online Insurance Experience (ONIX) aims to create more digital opportunities for intermediaries to support their clients' needs for life cover. ONIX is designed to deliver a quote experience that is more flexible with increased options that focus on capturing the client's specific requirements. The launch of ONIX is accompanied by the insurer's new 'Big on small business' SME Group Protection sales materials.. Key drivers for this market are: Guaranteed Protection Drives The Market. Potential restraints include: Long and Costly Legal Procedures. Notable trends are: Growth In Millionaire Wealth Leading to the European Wealth Management Market Uptrend.

As of 2022, the asset management industry in Europe consisted 70 percent of institutional clients and 30 percent of non-institutional clients, or retail clients. Most of the institutional clients served by the assets management industry in Europe were pension funds (24 percent). Insurance companies followed, accounting for 22 percent of the assets under management in the industry.

Europe Fixed Income Assets Management Industry is segmented by the source of funds (pension funds and insurance companies, retail investors, institutional investors, government/sovereign wealth fund, and other sources of funds), type of asset management firms (large financial institutions/bulge bracket banks, mutual fund ETFs, private equity and venture capital, fixed income funds, managed pension funds, and other types of asset management firms), and country (United Kingdom, France, Germany, Switzerland, Netherlands, Italy, and rest of Europe). The report offers market size and forecasts for Europe's Fixed income Assets Management Industry in value (USD) for all the above segments.

This statistic presents the growth in financial assets in the European wealth management market as of 2010 and 2013, and a forecast for 2018. In 2013, ultra high-net individuals kept assets that amounted to three trillion euros under management in the European market. The estimate for 2018 is that financial assets of this group, which will be managed in Europe, will grow to four trillion euros.

The Asset Management Market in Europe Report is Segmented Into Client Type (Retail, Pension Fund, Insurance Companies, Banks, and Other Institutions), Type of Mandate (Investment Funds and Discretionary Mandates), Asset Class (Equity, Fixed Income, Cash/Money Market, and Other Asset Classes), and Country (United Kingdom, France, Germany, Switzerland, Italy, The Netherlands, and Rest of Europe). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The Europe Asset Management market is valued at USD 67 billion, driven by growing institutional investments, a rising number of high-net-worth individuals, and an increasing demand for alternative investment strategies.

The total rate of change of Assets under Management (AUM) in the wealth management industry in Europe as of 2023 was 3.9 percent, following a previous peak in 2021 of 6.2 percent. It was forecast that the rate of change would become more stable, slowly reaching three percent by 2028.

The adoption of the wealth management platform market is expected to record a CAGR of 10.0% during the forecast period. The wealth management platform market size is anticipated to rise from US$ 3.3 billion in 2023 to US$ 8.56 billion in 2033.

Scope of the Report

Success.ai’s Company Financial Data for European Financial Professionals provides a comprehensive dataset tailored for businesses looking to connect with financial leaders, analysts, and decision-makers across Europe. Covering roles such as CFOs, accountants, financial consultants, and investment managers, this dataset offers verified contact details, firmographic insights, and actionable professional histories.

With access to over 170 million verified professional profiles, Success.ai ensures your outreach, market research, and partnership strategies are driven by accurate, continuously updated, and AI-validated data. Backed by our Best Price Guarantee, this solution is indispensable for navigating the fast-paced European financial landscape.

Why Choose Success.ai’s Company Financial Data?

1. Verified Contact Data for Precision Targeting

   • Access verified work emails, phone numbers, and LinkedIn profiles of financial professionals across Europe.
   • AI-driven validation ensures 99% accuracy, reducing communication inefficiencies and improving engagement rates.

2. Comprehensive Coverage Across Europe

   • Includes financial professionals from key markets such as the United Kingdom, Germany, France, Italy, and the Netherlands.
   • Gain insights into regional financial trends, industry dynamics, and regulatory landscapes.

3. Continuously Updated Datasets

   • Real-time updates capture changes in professional roles, company structures, and market conditions.
   • Stay ahead of industry shifts and capitalize on emerging opportunities.

4. Ethical and Compliant

   • Fully adheres to GDPR, CCPA, and other global data privacy regulations, ensuring responsible and lawful data usage.

Data Highlights:

• 170M+ Verified Professional Profiles: Access detailed profiles of European financial professionals across industries and sectors.
• Verified Contact Details: Gain work emails, phone numbers, and LinkedIn profiles for precise targeting.
• Firmographic Data: Understand company sizes, revenue ranges, and geographic footprints to inform your outreach strategy.
• Leadership Insights: Connect with CFOs, financial controllers, and investment managers driving financial strategies.

Key Features of the Dataset:

1. Comprehensive Financial Professional Profiles

   • Identify and connect with key players in finance, including financial analysts, accountants, and consultants.
   • Target professionals responsible for budgeting, investment strategies, regulatory compliance, and financial planning.

2. Advanced Filters for Precision Campaigns

   • Filter professionals by industry focus (banking, fintech, asset management), geographic location, or job function.
   • Tailor campaigns to align with specific financial needs, such as software solutions, advisory services, or compliance tools.

3. Regional and Industry Insights

   • Leverage data on European financial trends, regulatory challenges, and market opportunities.
   • Refine your approach to align with industry-specific demands and geographic preferences.

4. AI-Driven Enrichment

   • Profiles enriched with actionable data allow for personalized messaging, highlight unique value propositions, and improve engagement outcomes.

Strategic Use Cases:

1. Marketing Campaigns and Lead Generation

   • Design targeted campaigns to promote financial software, advisory services, or compliance solutions to European financial professionals.
   • Use verified contact data for multi-channel outreach, including email, phone, and social media.

2. Partnership Development and Collaboration

   • Build relationships with financial firms, fintech companies, and investment organizations exploring strategic partnerships.
   • Foster collaborations that enhance financial efficiency, innovation, or regulatory compliance.

3. Market Research and Competitive Analysis

   • Analyze financial trends across Europe to refine product offerings, marketing strategies, and business expansion plans.
   • Benchmark against competitors to identify growth opportunities and emerging demands.

4. Recruitment and Talent Acquisition

   • Target HR professionals and hiring managers recruiting for financial roles, from analysts to CFOs.
   • Provide workforce optimization platforms or training solutions tailored to the financial sector.

Why Choose Success.ai?

1. Best Price Guarantee

   • Access premium-quality financial data at competitive prices, ensuring strong ROI for your marketing, sales, and partnership initiatives.

2. Seamless Integration

   • Integrate verified financial data into CRM systems, analytics tools, or marketing platforms via APIs or downloadable formats, streamlining workflows and enhancing productivity.

3. Data Accuracy with AI Validation

   • Rely on 99% accuracy to guide data-driven decisions, refine targeting, and boost conversion rates in financial ca...

Snapshot img

Asset Management Market Size 2024-2028

The asset management market size is forecast to increase by USD 157.2 billion at a CAGR of 6.9% between 2023 and 2028.

The market is experiencing significant growth due to the increasing global wealth and the launch of new investment funds. Existing resources are being enhanced through technological advancements to improve profitability and price trend analysis for various investment vehicles, such as mutual funds. Retail investors are increasingly turning to asset management services for secure and diversified investment opportunities.
However, the market faces challenges, including cybersecurity threats and complex regulatory environments, which require network layouts that prioritize security and compliance. By staying informed of these trends and challenges, asset management firms can position themselves for success in this dynamic market.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The market is witnessing significant growth due to the increasing adoption of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and business process automation. These technologies are revolutionizing various industries, including the energy sector, industrial automation, logistics management, and supply chain optimization. One of the primary drivers of the market is the need for operational efficiency. AI-powered logistics and smart warehousing solutions enable real-time tracking and predictive analytics, allowing businesses to optimize their inventory levels and reduce costs. In addition, IoT integration facilitates remote asset monitoring, ensuring that equipment is operating at peak performance and reducing downtime.
Additionally, another significant trend in the market is digital transformation. Businesses are increasingly leveraging technology to streamline their operations, improve supply chain visibility, and enhance customer experience. For instance, AI-driven predictive analytics enable asset tracking solutions to anticipate maintenance needs, reducing the likelihood of unexpected downtime and improving overall asset utilization. Moreover, the market is witnessing a shift towards sustainable investing. Institutional investors are increasingly focusing on alternative asset classes such as sustainable investment and impact investing. This trend is driven by a growing awareness of environmental, social, and governance (ESG) issues and the need to align investments with long-term sustainability goals.
Moreover, despite the opportunities, the market also faces challenges such as geopolitical risks, tax optimization, and financial management. To mitigate these risks, businesses are seeking investment education and financial literacy to make informed decisions and optimize their portfolios. In conclusion, the market is undergoing a significant transformation, driven by the adoption of advanced technologies and the shift towards sustainable investing. By optimizing asset utilization, improving operational efficiency, and enhancing supply chain visibility, businesses can reduce costs, improve customer experience, and stay competitive in an increasingly complex business environment.

How is this market segmented and which is the largest segment?

The market 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

  Solution
  Services


Source

  Pension funds and insurance companies
  Individual investors
  Corporate investors
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan
    South Korea
    Singapore


  South America



  Middle East and Africa

By Component Insights

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

Asset management refers to the strategies and systems employed by companies to manage their business assets effectively. These assets can include investment products offered by boutique investment companies, as well as alternative investments. Partnerships with global wealth management firms can also be integral to successful asset management. However, navigating the complex regulatory environment can present significant compliance burdens. To effectively manage assets, corporations require strong solutions that integrate various components. Real-time asset tracking systems are essential for maintaining accurate and current information on asset status and location. Without these systems, companies risk incurring inefficiencies that can result in substantial time and financial losses.

Additionally, effective asset management strategies encompass investment strategies designed to optimize

The global wealth management market was valued at USD 918070 million in 2023 and is expected to reach a value of USD 1869630 million by 2033, growing at a CAGR of 6.7% during the forecast period. The increasing demand for personalized financial advice, growing high net worth individuals (HNWIs), and technological advancements are key factors driving the growth of the market. As of 2025, human advisory remains the dominant segment, accounting for over 50% of the market revenue. Several trends are shaping the wealth management industry. Robo-advisory platforms are gaining popularity due to their cost-effectiveness and accessibility. Hybrid advisory combines human expertise with digital tools, offering a balance of personalization and convenience. The integration of artificial intelligence (AI) and machine learning (ML) is transforming the industry by enabling personalized investment recommendations, automated portfolio management, and enhanced customer service. Furthermore, the rise of sustainable investing and ethical considerations is becoming increasingly important for wealth managers. Regional variations exist, with North America and Europe holding the largest market shares, while emerging markets in Asia-Pacific and the Middle East and Africa offer significant growth potential.

The size and share of the market is categorized based on Type (Cloud Based, On-Premise) and Application (Banks, Trading & Exchange Firms, Investment Firms, Brokerage Firms, Asset Management Firms, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The value of total Assets under Management (AUM) in Europe increased by over 10 billion U.S. dollars between 2017 and 2023 and was forecast to continue to rise until 2028. According to data by Statista Market Insights, the vast majority of assets are managed through financial advisors.

European Asset Management Market size was valued at USD25.99 Trillion in 2024 and is projected to reach USD 48.47 Trillion by 2032, growing at a CAGR of 8.1% during the forecast period from 2026-2032.

European Asset Management Market: Definition/ Overview

Asset management is the professional management of various assets, such as stocks, bonds, real estate, and other investments, on behalf of clients, who may be individuals, institutions, or organizations. The goal is to maximize returns while limiting risk by strategic asset allocation, diversification, and continuous monitoring. It entails studying market trends, selecting appropriate assets, and altering portfolios based on changing financial objectives.

Asset management is frequently used in industries such as finance, pension funds, and insurance to assist clients manage their capital successfully. The future of asset management lies in the integration of technology, such as artificial intelligence and big data analytics, to enable more personalized, data-driven investment strategies.

Market Overview: The global wealth management services market is anticipated to reach a value of approximately USD 18,698.8 million by 2033, exhibiting a CAGR of 6.3% over the forecast period (2023-2033). The rising affluence, increasing awareness of financial planning, and growing demand for customized investment strategies are driving the market growth. The market is segmented into financial, internet, e-commerce, and other applications, with portfolio management, funds, and investment advice being the key types of services offered. The market is dominated by established players such as Wells Fargo, BlackRock, Bank of America, and Morgan Stanley. Regional Dynamics: North America remains the largest regional market for wealth management services, with the United States being its major contributor. Europe and Asia Pacific are also significant contributors to the global market. The growing middle class and increasing disposable incomes in emerging markets are expected to drive growth in these regions. However, regulatory changes, economic uncertainties, and the rise of fintech companies pose potential challenges to the traditional wealth management industry. The industry is adapting by embracing technology, offering personalized advice, and expanding into niche areas to stay competitive in the evolving landscape.

In 2021, industry experts across Europe were asked what emerging trends they thought had the most impact within the next two years. Over half of respondents believed digital expectations of clients had the largest impact on the operations of their business. Following the rise in the use of technology, new consumer expectations have emerged, such as wider access to financial services online. Of investors surveyed, 75 percent believed the primary channels for financial services engagement will be digital. These emerging trends have impacted the practices of traditional financial firms and have created new gaps in the market. About 43 percent of respondents noted new entrants as a major trend that affected their business. Many new market entrants shifted the traditional roles of those working in the financial services segment. Clients now have access to a wider range of products and services such as personal trading platforms via mobile apps and low-cost business models.
Environmental, social, and corporate governance (ESG) trends had also driven change in the popularity of investment products among clients and how businesses in the industry operated with 44 percent of respondents believing ESG trends had a large impact on how their business would operate in the next two years.

The size and share of the market is categorized based on Type (Asset Management Systems, Wealth Management Software, Trading Platforms, Risk Management Tools) and Application (Investment Portfolio Management, Financial Planning, Asset Allocation, Trading) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).