The wealth management services industry is booming. Advances in technology like the maturation of the internet, the proliferation of smart devices, and the advancement of artificial intelligence (AI) have all had a huge hand in shaping the current environment. Moreover, highly publicized, and highly dramatized events like those observed during Reddit’s “wallstreetbets” meme stock phenomenon has delivered worldwide fame. There appears to be no signs of a slowdown on the horizon.
Moving forward, the wealth management market is expected to grow $730.7 billion at a CAGR of rate of 9 percent by 2025, resulting from strong emerging markets and increased internet penetration.
To spotlight such key developments in the industry, Financial Services Review illustrates how wealth advisory and financial service organizations provide solutions that help secure and shape the future growth and development of the global financial marketplace. This edition also includes articles from Amy Jansen, Senior Vice President, Wealth Product Management at Johnson Financial Group, and Chad A. Schmookler, Senior Director, International Operations at InComm, who shed light on a suite of comprehensive insurance and wealth management services that enable clients to reduce risk and cost and deliver operational efficiencies.
In this edition of Financial Services Review, we also bring you the story of some of the well-known wealth management service providers and capital advisory firms that help clients invest in their financial dreams. In this list, Bay Capital Advisors stands out for providing clients with a level of innovative investment care, independent financial advice, and continuous fiduciary oversight—giving them a renewed sense of confidence for the future.
Equally commendable are the stories of Alpha Mark Advisors, an investment advisory firm offering full scale financial planning and investment management services, and Blacktower Financial Management Group, a company that has been providing holistic financial planning solutions for over 35 years. Following suit is Ethos ESG that offers powerful, personalized ESG data and software for financial advisors, asset managers, institutions and investors, and Hearn Wealth Management who takes the mystery out of investing and financial planning by guiding clients through the intricacies of money market instruments, mutual funds stocks, and long-term insurance.
Through the following pages, we aim to highlight the innovative trends and latest developments in the wealth management services landscape. We would like to know your thoughts.
