Europe Financial Advisory Services Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR (2024 - 2029) | > 4.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Financial Advisory Services Market Analysis
The Europe Financial Advisory Services Market is expected to register a CAGR of greater than 4% during the forecast period(2024-2029).
The financial advisory delivers consulting services that build on strong financial-analytical fundamentals. Financial advising continued to perform in a relatively stable manner throughout the crisis years and their aftermath. Traditionally, the market for financial advisory services is dominated by firms with a legacy in tax and audit services, such as large accounting and consulting firms, etc.
Over the past few years, firms from other segments, such as strategy consultants, process specialists, economic experts, and systems integrators, have developed their footprints in the financial advisory landscape. As a result of the variety of services within financial advisory, each discipline tends to have a relatively large group of different players, such as corporate finance boutiques, real estate experts, or risk management specialists.
The spread of COVID-19 hurt the European financial advisory services industry because global financial markets were unstable, the economy was going down, and the market was very volatile.
The European Financial Planning Association is the most important group in Europe for setting professional standards for financial advisors and planners and for building the public's trust. It influences the market behavior of its certificate holders by guiding them in knowledge, skills, lifelong learning, behavior, and ethics.
Europe Financial Advisory Services Market Trends
Rising Tax Advisory by Financial Advisory Services
Over the years business enterprises in Europe is observing a continuous increase resulting in an increasing demand for tax advisory by the businesses in the region. Italy, France, Germany, Spain and Poland are among the countries in the region with the largest number of enterprises leading to an increasing number of Financial advisory businesses investing in these countries. Poland, Germany and Italy are among the countries in Europe with the largest value of combined corporate income tax rates resulting in an increasing number of businesses and enterprises opting for tax advisory services. Rising profit and business revenue with a varied range of taxes existing in the market are leading to an increase in demand for tax advisory by businesses.
United Kingdom Driving the Market
Over the period financial advisory services in the United Kingdom have observed a continuous increase with an increase in assets under management by the financial advisors existing at a level of more than USD 8 trillion. With this revenue of financial advisory companies in the United Kingdom is observing a continuous increase as well existing at more than USD 25 Billion last year. Expanding employment and the level of income in the United Kingdom is resulting in an increasing number of people searching for instruments to invest their surplus money leading to an increasing participation and revenue of financial advisory services in the country.
Europe Financial Advisory Services Industry Overview
The report covers major players operating in Europe's financial advisory services market. In terms of market share, a few of the major players currently dominate the market. The report presents detailed profiling of a few major companies, including their product offerings, regulations governing them, their headquarters, and financial performance. These players have adopted various techniques to increase their market penetration and strengthen their position in the industry. Following is the list of major market players: KPMG, Zanders, Deloitte,Cordence Worldwide, and Horváth & Partners.
Europe Financial Advisory Services Market Leaders
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KPMG
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Zanders
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Deloitte
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Cordence Worldwide
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Horváth & Partners
*Disclaimer: Major Players sorted in no particular order
Europe Financial Advisory Services Market News
- February 2023: Deloitte boosted its start-up and scale-up capabilities with the acquisition of 27 pilots, a Germany-based incubator, a venture capitalist, and a matchmaker. With 27 Pilots as part of its portfolio, Deloitte will be able to better serve its base of start-ups and scale-ups with a full range of services, from incubation and growth through to technology, infrastructure, and venture capital solutions.
- January 2023: Global management and technology consultancy BearingPoint strengthened its team in France with the acquisition of Levo Consultants, a Paris-based financial services consultancy.
Europe Financial Advisory Services Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Insights on Various Regulatory Trends Shaping the Market
4.5 Insights on impact of technology in the Market
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Bargaining Power of Buyers
4.6.2 Bargaining Power of Suppliers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Corporate Finance
5.1.2 Accounting Advisory
5.1.3 Tax Advisory
5.1.4 Transaction Services
5.1.5 Risk Management
5.1.6 Other Types
5.2 By Organization Size
5.2.1 Large Enterprises
5.2.2 Small & Medium-Sized Enterprises
5.3 By Industry Vertical
5.3.1 Bfsi
5.3.2 It And Telecom
5.3.3 Manufacturing
5.3.4 Retail And E-Commerce
5.3.5 Public Sector
5.3.6 Healthcare
5.3.7 Other Industry Verticals
5.4 By Country
5.4.1 UK
5.4.2 Germany
5.4.3 France
5.4.4 Italy
5.4.5 Spain
5.4.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 KPMG
6.2.2 Zanders
6.2.3 Deloitte
6.2.4 Cordence Worldwide
6.2.5 Horvath & Partners
6.2.6 Alvarez & Marsal
6.2.7 Coeus Consulting
6.2.8 McKinsey & Company
6.2.9 Mercer
6.2.10 Delta Capita*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Europe Financial Advisory Services Industry Segmentation
A financial advisor is a professional who helps clients make decisions about money, investments, and their own finances. Financial advisors have two employment options: they can be independent agents or part of a larger financial firm. A complete background analysis of the market is covered in the report, including a market overview, emerging trends by segment, drivers, significant changes in market dynamics, and a competitive landscape.
The Europe Financial Advisory Services Market Is Segmented By Type (Corporate Finance, Accounting Advisory, Tax Advisory, Transaction Services, Risk Management, And Others), By Organization Size (Large Enterprises And Small And Medium-Sized Enterprises), By Industry Vertical (Bfsi, It And Telecom, Manufacturing, Retail And E-Commerce, Public Sector, Healthcare, And Others), And By Country (U.K., Germany, France, Italy, Spain, And Rest Of Europe). The Report Offers Market Size And Forecasts For The Europe Financial Advisory Services Market In Value (USD) For All The Above Segments.
By Type | |
Corporate Finance | |
Accounting Advisory | |
Tax Advisory | |
Transaction Services | |
Risk Management | |
Other Types |
By Organization Size | |
Large Enterprises | |
Small & Medium-Sized Enterprises |
By Industry Vertical | |
Bfsi | |
It And Telecom | |
Manufacturing | |
Retail And E-Commerce | |
Public Sector | |
Healthcare | |
Other Industry Verticals |
By Country | |
UK | |
Germany | |
France | |
Italy | |
Spain | |
Rest of Europe |
Europe Financial Advisory Services Market Research Faqs
What is the current Europe Financial Advisory Services Market size?
The Europe Financial Advisory Services Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Europe Financial Advisory Services Market?
KPMG, Zanders, Deloitte, Cordence Worldwide and Horváth & Partners are the major companies operating in the Europe Financial Advisory Services Market.
What years does this Europe Financial Advisory Services Market cover?
The report covers the Europe Financial Advisory Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Financial Advisory Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Financial Advisory Services Industry Report
Statistics for the 2024 Europe Financial Advisory Services market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Europe Financial Advisory Services analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.