Wealth Market Booms; Mobility Up
The wealth‑management market is projected to reach $3.43 trillion by 2030, and advisor movement jumped 16% in 2025 with over 11,000 advisors switching firms — a sign of both opportunity and competition for client acquisition. That dual dynamic means firms expanding services and stability can attract transitions while individual advisors should sharpen retention narratives. (newstrail.com) (wealthmanagement.com)
Allied’s 2021–2030 industry forecast projects a 10.7% compound annual growth rate for wealth management and records that the human‑advisory model comprised more than three‑quarters of the market in 2020. (alliedmarketresearch.com) WealthManagement’s 2025 mobility analysis attributes the recent spike in advisor transitions to a combination of acquisitions, larger transition deals and expanding affiliation models. (wealthmanagement.com) Allied’s regional breakdown shows North America generated over half of global wealth‑management revenue in 2020, underscoring U.S. market scale for local recruiting and client acquisition. (alliedmarketresearch.com) InvestmentNews reporting based on ISS data says LPL Financial added nearly twice as many new reps as the next nine largest firms combined, increasing its rep share from roughly 16% to about 24%. (investmentnews.com) Cerulli’s March 6, 2025 analysis flags advisor headcount stagnation and a widespread succession‑planning gap, creating measurable transfer‑of‑assets opportunities as principals near retirement. (cerulli.com) WealthManagement and ISS reporting together show bigger transition deals and affiliation offers now include enhanced practice‑management support and expanded product suites, a feature firms use to recruit and retain teams. (wealthmanagement.com) The 2025 Industry Index finds seminar marketing, digital tools and niche targeting among top acquisition tactics and reports only about 8% of advisors actively pursue niche marketing, signaling tactical openings to target pre‑retirees, young professionals, small‑business owners and HNW prospects. (acquireup.com) ISS Market Intelligence’s 2025 rep movement report documents independent channels’ net gains while wirehouse rep counts fell by roughly 12% in the period analyzed, indicating practical positioning advantages for advisors emphasizing independence, succession solutions or business‑owner specialty services. (issmarketintelligence.com)
