Financial Advisory Services Market Size

Financial Advisory Services Market size was valued at USD 90 Billion in 2023 and is poised to cross USD 189.6 Billion by the end of 2036, expanding at more than 5.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of financial advisory services is estimated at USD 95.3 Billion.

The financial advisory services market is growing at a substantial rate owing to the increased investments in AI. Personalized financial insights, predictive analytics, and advanced data analysis are made possible by AI technologies. These developments optimize advisory procedures, enabling automated portfolio management, customized investment plans, and more precise risk evaluations. The International Trade Administration reported that global funding for AI more than doubled to USD 66.8 billion in 2021, while a record 65 AI businesses were valued at USD 1 billion or more, an increase of 442% over 2020.