Global Wealth Management: Competitive Dynamics 2026

This report benchmarks the world's leading wealth managers by managed client assets and financial performance. It covers the 49 most-prominent institutions, including standalone private banks and wealth managers, as well as competitors that are part of larger universal financial groups. Chapters include wealth managers by AUM, financial analysis, and competitive trends, whereby external and internal factors are highlighted (e.g., the impacts of geo-politics or the impacts of an acquisition).

Wealth managers maintained strong momentum in 2024, with continued growth in assets under management (AUM) driven by alternative investments and the technology sector. Revenues and profits remained robust, supported by diversification into private equity, infrastructure, and active management. Meanwhile, the wealth management industry continued to expand in 2025.

Scope

• AUM across the wealth management industry rebounded strongly, largely driven by improving financial markets and renewed investor confidence.
• North America's lead of global wealth management by AUM was driven by major US players, Morgan Stanley, J.P. Morgan, and Goldman Sachs, which collectively managed trillions of dollars.
• The wealth management industry experienced strong financial performance in 2025, driven by elevated asset levels and improving client engagement.

Reasons to Buy

• Understand the challenges facing wealth managers and how the top banks are addressing them.
• Learn about the strategies driving growth at leading wealth management groups.
• Analyze wealth profitability trends and discover the strategies that leading banks are using to improve performance.
• Identify the industry's best practices in managing operating costs and boosting revenues.
• Gain insight into the major trends preoccupying wealth managers.