FINANCIALINSTITUTIONSRethinking theRules for GrowthGlobal Wealth Report 2025June2025BCG
BCGBoston Consulting Graup partners with leaders in businessand society to tackle their most important challenges andcapture their greatest opportunities. BCG was the pionee. in business strategy when it was founded in 1963. Today we work closely with dients to embrace a transfommationalorganizations togrow,build sustainable competitveOur diverse, global teams bring deep industry and functionalstatus guoadsarkchang. BCG livesoutinsthrough leading-edge management consuting techndlogyand design, and corporate and digital ventures. We workin a uniquely collaborative model across the firm and throughoutallevels of the ctient organization,fueled bythe goal of helping our clients thrive and enabling them tomake the world a better place,
IntroductiorWealth continues to grow steadily. But the dynamicsbehind that growth are shifting. and the implications forfirms are profoundIn 2024, global financial wealth reached $305 trillion, anThis year's report explores how that shift is playing out andaltime high Financial assetsrose more than 8%6 fureledwhat wealth managers can do to strengthen their organicby strong equity markets and favorable investor sentCros-border flows accelerated. North America and AsiaPaificontinued to be the fastest-growing regions. Inthedlohal contours of change: wheremany markets, wealth managers delivered sing, which booking centers are gainingmance varies by asset dass ands holding firms back. Mostperformance,M&A, ands these levers remain important,swings and inflatione leaders, we analyzedeworld's top 200 wealthed across booking centers andtify wheregrowth is beinglysis shows that less than a third ofts fromdiagnosis toerated organically by existing,ng traction areinvesting in thea clearer market presence,factor for many firms isn't opportunity, but their ability toquisition, better-equippedcapture it from within.1, more relevant engagerment with risingAs aresut, organic growth is movingto the centerof thenovation at the margins,it'sperformance agenda. Meeting rising expectations,leading fims oberate-and increasingte improving advisor productivity, and strengthening clienits what sets them apart This report explores how theseengagement are no longer optional.Theyie the basis fogrowth engines are built and how to stay ahead as theRETHINKINGTHERULESFORGROWTH
Market Sizing:A Year ot Uneven GainsGlobal net wealth reached $512 trillion in 2024, growing byLooking ahead, we anticipate heightened volatity andjust4.4%-below the 5.3% average growth recorded in theprior four years. This muted topline result masks sharpersectors, shaped by ongoing geopolitical tensions and shiftingcontrasts undernenancial wealth rose by 8.1%,mone ary polies. Sti,the ong-term outbolk remains,buoyed by momentum in global equities, while real assetsfavorable. We expect total financial wealth to grow at an fel by o.4% and liabitie...
