How many wealth managers in the us

Largest asset managers worldwide , by value of assets. This feature is limited to our corporate solutions. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Skip to main content Try our corporate solution for free! Single Accounts Corporate Solutions Universities.

This statistic presents the number of investment companies reporting to Investment Company Institute in the United States from to There were 16, investment companies reporting to ICI in Loading statistic Show source. Download for free You need to log in to download this statistic Register for free Already a member?

Log in. Show detailed source information? Register for free Already a member? Incumbent wealth managers' digital transformation efforts will likely focus on every layer of the tech stack going forward. Fifty-two percent of global wealth managers are concerned about losing clients due to dropouts during their poor onboarding experience.

This looming threat is driving wealth managers to smooth onboarding processes and broaden product suites with value-added services.

The middle office will benefit from solutions that streamline repetitive tasks and reduce error-prone processes. Moving forward, wealth managers will likely implement technology that reduces human error and frees up human agents for more complex tasks. Given that the back office acts as the backbone of any wealth management firm, incumbents will aim to keep their processes up to date by utilizing cloud migrations, enhacinging data storage, and focus on service continuity to mitigate outages.

Insider Intelligence's US Wealth Management Ecosystem further details the drivers of digital transformation within wealth management and dives into how incumbents can overhaul their front, middle, and back offices to upgrade their offerings and meet customer demands. Are you a current Insider Intelligence client? Log in and read the report here. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App.

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Advisor Issues. Table of Contents Expand. What Is Wealth Management? A Shifting Environment. The Future of Wealth Management.