Financial Advisory Services Market Analysis

Service Type (Investment Advisory, Tax Planning, Financial Planning, Risk Management, Business & Corporate Finance, Wealth Management)

Investment advisory segment in the financial advisory services market is expected to grow at more than 6% CAGR through 2037. The segment growth can be attributed because of the changing needs of investors and the state of the sector. The need for specialized counsel is driven by the changing financial markets and the increasing complexity of investment possibilities. Investors look for specialized advice on risk management, retirement planning, and portfolio management. Segment growth is driven by the growing need for specialized and diverse investment strategies and the pursuit of higher returns in volatile markets.

Organization Size (SMEs, Large Enterprises)

Large enterprises segment in the financial advisory services market is expected to cross USD 50 Billion by the end of 2037. Larger businesses are more likely to look for specialized financial advice services in order to improve cash flow, risk management, and financial growth strategies, which will drive segment growth. This is because they have a stronger market presence and a wider range of financial requirements.

For instance, Morgan Stanley introduced an AI-powered assistant in September 2023 to help support teams and financial advisers. By using AI to improve decision-making, expedite procedures, and increase overall market operating efficiency, this technology will offer cognitive support.

Our in-depth analysis of the financial advisory services market includes the following segments: