Research

Reply's Wealth

Management Observatory

Q2 2024
As of June 30th of 2024 there has been an increase in AUM of approximately €109 billion compared to the figure recorded in Q2 2023 (+15%). The Net Inflows since the beginning of the year (€25.3 billion) have remained stable compared to the same figure observed in the first half of 2023 (€25.1 billion). The number of Financial Advisors slightly increases compared to Q2 2023 (+3.5%), resulting in an increase in the value of AUM per Financial Advisor (+11%, approximately +€4 million per capita). The average performance of the stock market in the first six months of 2024 shows a growth of +11%, a lower performance compared to the first quarter of 2023 (+15%).

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The Reply Quantitative Observatory analyses and monitors the Asset Gathering sector over time, highlighting the main market trends in terms of Managed Assets, Net Inflows, number of Financial Advisors and number of Clients.

The main objective of the observatory is to maintain a fact based observation point on the overall trend of the sector and on the main elements of innovation.