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Cerulli Estimates that US Retail Financial Assets Broke above $100 Trillion in 2025

  • 5 days ago
  • 1 min read

Cerulli Associates. (2026). U.S. Retail Investor Solutions 2026. Cerulli Associates.

  • U.S. households control more than $102 trillion in financial assets as of year-end 2025, representing a 12% increase compared to 2024.

  • Middle-market and mass-affluent households with assets between $100,000 and $2 million have grown their total wealth from $14 trillion to $25 trillion since 2013.

  • This segment comprises 46.9 million households that are typically younger and less advised than their ultra-high-net-worth counterparts.

  • Growth in this market will benefit providers that can effectively offer streamlined advisory services at scale to meet the demand for involved relationships.

  • Service providers must engage prospects earlier in their lifecycle or develop more effective strategies to displace incumbent advisors.

Knote: Cerulli also estimates that the $100,000 to $2,000,000 segment rose to $25 Trillion and 47 million households. I'm calling that out because it should be of interest to growth-minded advisors as these prospects are more "gettable" than more established households. They note a stat I have not seen before and like: new client engagement drops from 44% for those under 30 to 24% for those over 50.

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