Financial Planning & Advice in the US

A bitter-sweet economy

In times of economic crisis and falling finance, who do you turn to? The correct financial advice has become a very important asset in recent times; but for the majority of financial advisors relying on fee's derived from AUM, they empathize more than anyone with their clients losses. Difficult times call for difficult measures, and consequently the US financial industry has gone monumental re-structuring; however, what this has done is create a very bright future for any companies that have managed to weather the storm.

This industry comprises establishments primarily engaged in providing customized investment advice to clients on a fee basis, but do not have the authority to execute trades. Primary activities performed by establishments in this industry are providing financial planning advice and investment counseling to meet the goals and needs of specific clients. Establishments providing investment advice in conjunction with their primary activity, such as portfolio management, or the sale of socks, bonds, annuities, and real estate, are classified according to their primary activity. 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.