Large wealth management firms in the UK in 2016, by region

This statistic shows the numbers of large private banks and wealth managers on the United Kingdom (UK) market in 2016. Wealth management is a broad category of financial services, which includes management of client's assets, and optimization of investment portfolio, according to client's financial goals and objectives. Private banking provides services that might not include investments. It typically centers around high-net-worth-individuals (HNWIs) financial needs, offering personalized care of clients' finances, either by public or private financial institution. As of 2016, there were 116 private wealth management firms operating on the market in London.

Number of wealth management firms in the United Kingdom (UK) in 2016, by region

Number of companies
London116
South East44
South West39
North West38
Scotland35
West Midlands31
Yorkshire & the Humber29
East of England19
East Midlands15
Wales14
North East13
Northern Ireland7
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Source

Release date

February 2017

Region

United Kingdom

Survey time period

2016

Number of respondents

119 respondents

Special properties

large private banks or wealth management companies.

Supplementary notes

The source adds the following information: "Trend observations based on data collected as part of ComPeer's Annual Benchmarking Survey . All firms included in ComPeer’s Annual Benchmarking Survey must be private client businesses, have at least £50 million under management or funds under administration at the end of the calendar year and be the UK operations."

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