how much money does the wealth management industry manage 
as of 2024 it is estimated that the wealth management industry had aum of upwards of 128 9 trillion globally 7 this figure is expected to grow to 145 4 trillion by the year 2025 8the bottom linea wealth manager starts by developing a plan that will maintain and increase a client s wealth based on their financial situation goals and risk tolerance each part of a client s financial picture whether it s tax planning or wills and estates are coordinated together to protect the wealth of the client this may coincide with financial projections and retirement planning after the original plan is developed the manager meets regularly with clients to update goals and rebalance the financial portfolio at the same time they may investigate whether additional services are needed the ultimate goal is to remain in the client s service throughout their lifetime 