2012-11-27 15:56:31 -
Financial Planning & Advice in the US - Industry Market Research Report - a new market research report on companiesandmarkets.com
Financial Planning & Advice in the USThe recession ended the industry´s long streak of strong revenue growth; low income and high unemployment caused the fees charged by financial advisers to drop, while the lackluster performance of the Standard and Poor 500 (S&P 500) discouraged investment. However, as consumers come out of the difficult economic climate, they will be more inclined to seek out the services of financial advisers. Furthermore, a rebound in the S&P 500 will also support revenue growth, despite increasing competition.The industry comprises firms and individuals that provide financial planning, financial advice and wealth management to individuals and business clients. Firms provide advice in conjunction with other activities such as portfolio management, protection planning and brokerage services. This
industry does not include mutual fund companies, hedge funds, discount brokers, insurance brokers or other companies that provide these services outside the context of a written financial plan.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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