It’s long been acknowledged that the US dominates global wealth management, but even seasoned financial professionals may be taken aback by the sheer disparity. The American market is more than eight times the size of its closest rival, the UK, and its footprint overshadows the combined wealth management assets of every other country in the global top 10.

This supremacy shows no signs of abating. According to Natixis Investment Managers, over the past five years, assets under management grew by 20 percent globally. The wealth management firm’s insight also revealed that the “advisory industry was responsible for the stewardship of an estimated $159 trillion globally in 2024 and assets are estimated to grow another 10 percent by the end of the decade to reach $178 trillion in 2029”.

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