Staying relevant in a world of change and disruption is highly challenging, and organizations are quickly leveraging advisory services to ensure their business remains on a path to growth. Offering a wide range of services from financial planning to M&A consulting, corporate advisory firms have become a mainstay in the financial management space.
According to a report by The Business Research Company, the global strategy advisory market was valued at $131.9 billion in 2022 and is expected to reach $177.73 billion in 2027, registering a CAGR of 6.0.
This prolific growth can be attributed to the growing demand for financial services among SMEs and the rising innovations in the fintech industry. The untapped potential of emerging economies is also offering remunerative opportunities for the expansion of the corporate advisory service market.
The pandemic, as well as the natural evolution of the finance sector, is driving the growth of cash flow forecasting, which is a great opportunity for advisory growth. At the same time, to keep up with the changes in the global financial landscape, advisory firms are now going beyond conventional services like tax prep, bookkeeping, and financial closures and offering value-add services, such as benefits administration, lean processes, and payroll. Advisory firms are rapidly diversifying their portfolio and focusing on industry specialization to offer these services and bring more value to their clients.
This edition of Financial Services Review delivers a bird’s-eye view of the recent developments in the corporate advisory arena and insights into how organizations are aligning with these trends and adopting new ways to transform legacy practices.
We have curated thought leadership articles from industry experts, including the Chief Information Security Officer and Head of IT Operations at Bupa Global Latin America and the Head of Transactions, Structuring & Asset Advisory, and Legal at Commerz Real AG.
We also took a deep dive into the market trends to narrow down the list of companies delivering premium corporate advisory services. Equipped with innovative technological capabilities, companies like Getzler Henrich & Associates LLC and Avant Advisory Group help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Financial Services Review’s corporate advisory service providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
