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United States (US) Wealth Management - Market Sizing and Opportunities to 2026

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  • 40 Pages
  • July 2023
  • Region: United States
  • GlobalData
  • ID: 5357218
This report analyzes the US's wealth and retail savings and investments markets, with a focus on the HNW segment. This includes overall affluent market size (both by the number of individuals and the value of their liquid assets). The report also provides analysis of the factors driving liquid asset growth, including a breakdown and forecast of total retail savings and investments split by equities, mutual funds, deposits, and bonds.

60.9% of the US population were classed as affluent in 2022. This proportion recorded an average annual growth rate (AAGR) of 3.2% over 2017-22e. The generally slowing growth of the affluent population in the late 2010s - which is set to continue throughout the 2020s - suggests increasing inequality and immobility between wealth bands. Low growth of the affluent population is forecast to remain a long-term trend. However, higher wealth bands will register growth upwards of 1 percentage point higher than the affluent average.


  • 2023 has been unpredictable for investors, plagued by rate hikes, recessionary threats, and a banking crisis. Despite this, the S&P 500 gained over 6% for the year to May.
  • Mass affluent and emerging affluent investors have similar holdings profiles, with just a slight rise in the number holding equity and mutual funds in the mass affluent group.
  • Tax efficiency is the key driver for offshoring wealth among the emerging affluent, as cited by 25% of respondents.

Reasons to Buy

  • Make strategic decisions using top-level historic and forecast data on the US wealth industry.
  • Identify the most promising client segment by analyzing the penetration of affluent individuals.
  • Receive detailed insights into retail liquid asset holdings in the US.
  • Understand the changing market and competitive dynamics by learning about new competitors and recent deals in the wealth space.
  • Discover key digital disruptors in the country's wealth market.

Table of Contents

  • The US Market
  • Investor Insight
  • Resident Savings and Investments
  • Deals
  • Digital Disruptors
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Clayton
  • Dubilier & Rice LLC
  • Figure Technologies
  • Focus Financial Partners
  • LPL Financial Holdings
  • Microsoft
  • Stone Point