Allianz Global Investors of America Competition
Now Viewing Allianz Global Investors of America's competition in: Financial Planners and Investment Advisors
Recent Developments
New Techniques Needed for Young Investors - Generations X and Y, those 42 and younger, view finances much differently from their older peers, according to Fidelity Investments. Long-term savings, including those for retirement, aren't as important as immediate expenses, which experts blame on a variety of factors including a lack of financial education. Regardless, experts note that planners and advisers need to account for generational trends when working with young clients.
Planning Industry Works to Expand - Traditionally, financial planning services focused on wealthy clients, a model that may soon change. A group of young financial planners within the Financial Planning Association (FPA) is working to establish a sector of the industry that focuses on clients with fewer assets. They argue that industry growth should come from these less wealthy clients, and that serving them is part of the mission of responsible financial planning.
Investors Want Advisors - Investors of all classes of wealth want investment advisers to be a big part of their financial life, according to a JD Power and Associates study. Having a financial adviser is second in importance for overall investor satisfaction, behind only how the investment performs in the market. The study also indicates that clients expect to be in frequent contact with their advisers regardless of the amount invested.
Competitive Landscape
Demand is driven by consumer income and wealth and demographics. The profitability of individual firms depends largely on effective marketing. Large companies have some advantages in providing expertise in a wider range of investment options, and may charge lower fees. Small companies can compete successfully by providing better service and advice. In small and large firms, annual average revenue per employee is about $200,000.
Full Industry Overview For Financial Planners and Investment Advisors
Financial Planners and Investment Advisors Industry Forecast
from Hoover's/D&B subsidiary First Research
The output of US securities, commodity contracts, and investments, an indicator for financial planners and investment advisers, is forecast to grow at an annual compounded rate of 4.1 percent between 2008 and 2013.
Securities, Commodities, and Investment Growth Fairly Level
First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.
First Research Opportunity Rating
The First Research Opportunity Rating is First Research's estimate of industry performance vs. industry risk over the next 12 to 24 months.
- Demand: Baby boomers have more money
- Need good marketing
- Risk: Falling asset values reduce fees
Industries Where Allianz Global Investors of America Competes
- Financial Services
- Asset Management
- Asset Administration Services
- Hedge Fund Management
- Institutional Asset Management
- Mutual Fund Management
- Asset Management
Allianz Global Investors of America Industry Codes (SIC & NAICS)
