In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this U. S. Financial Wellness Benefits Market Report. Employers in this time of ‘new normal’ are taking initiatives to impart financial education, online tools, in-person assistance, and financial services to protect the interest and well-being of their employees.
New York, March 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "U.S. Financial Wellness Benefits Market – Industry Outlook & Forecast 2022-2027" – https://www.reportlinker.com/p06020380/?utm_source=GNW
More than 2/3rd of financial wellness programs are employer-sponsored. However, almost 1/3rd of them are provided by third-party providers such as those involved in retirement plan recordkeeping, where the employees themselves pay less than 19%. Disposable personal income per capita will increase when the growth in disposable income is greater than the growth in the population—revenues in the financial wellness benefit market increase when the real disposable personal income per capita rises.
The U.S. financial wellness benefits market is expected to grow at a CAGR of 13.71% during the forecast period 2022-2027
MARKET OPPORTUNITIES AND TRENDS
• Growing Role of Wellness Champions
• Increasing Growth in Early Wage Access
• Rising Penetration of Gig Economy in Us
• Hijack Of the Term Financial Wellness
• Rising Financial Wellness Incentives
U.S. FINANCIAL WELLNESS BENEFITS MARKET SEGMENT ANALYSIS
New players are entering the industry to fill this void, ramping up activity. For instance, Edukate addresses nine issues of employees who are tight on cash but might be working on purchasing a vehicle, managing credit to buying a home/estate planning, budgeting, or managing credit, among others. Workplace financial wellness programs in healthcare companies and systems have been going strong because the industry is specifically susceptible to disadvantageous outcomes due to workforce volatility in a system where reliable and consistent care is a priority.
Market Segmentation by Program
• Financial Planning
• Financial Education & Counseling
• Retirement Planning
• Debt Management
• Others
Market Segmentation by End-User
• Large Businesses
• Medium-Sized Businesses
• Small-Sized Businesses
Market Segmentation by Delivery
• One-On-One
• Online/Digital
• Group
Market Segmentation by Type
• Consumer Tools
• Employer Tools
Market Segmentation by Industry
• Healthcare
• Financial Services
• Education
• Manufacturing
• Public Sector
• Others
VENDOR ANALYSIS
Prudential Financial is one of the prominent players in the market. It has offered its services to clients such as Samsung and Cintas and has more than USD 1 trillion in assets under management. Mercer is a significant player in the US financial wellness market. It has 28,000 clients and impacts the life of 15 million people.
Prominent Vendors
• Prudential Financial
• Bank of America Merrill Lynch
• Virgin Pulse
• Mercer
• Financial Finesse
Other Prominent Vendors
• Aduro
• Ayco
• Beacon Health Options
• Best Money Moves
• BrightDime
• Brightside
• DHS Group
• Edukate
• Enrich Financial Wellness
• Even
• FlexWage
• Financial Fitness Group
• Financial Knowledge
• HealthCheck360
• Holberg Financial
• Health Advocate
• LearnLux
• Limeade
• Money Starts Here
• PayActiv
• Purchasing Power
• Ramsey Solutions
• Transamerica
• My Secure Advantage
• LifeCents
• Origin
• BrightPlan
• Savology
• Sqwire
• FinFit
• Pro Financial Health
• FutureFuel.io
• Salary Finance
• Social Finance (SoFi)
• GoPlan 101
• The Financial Gym
THE REPORT INCLUDES:
1. The analysis of U.S. Financial Wellness Benefits market provides market size and growth rate for the forecast period 2022-2027.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the U.S. Financial Wellness Benefits market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of the U.S. Financial Wellness Benefits market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and critical market strategies to gain competitive advantage.
Read the full report: https://www.reportlinker.com/p06020380/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
__________________________
Yahoo Finance reporter Pras Subramanian details Rivian's miss on both the top and bottom line for Q4 earnings.
If you own shares in Nio (NYSE: NIO), you might want to make volatility your friend. Nio stock sank by double-digit percentages this morning, a day after it jumped double-digits. With today's sharp drop, Nio has now crashed a staggering 34% in just the past month, as of this writing.
Alibaba (BABA) American depository shares closed at 52-week lows following JD.com's (JD) quarterly print, and amid renewed worries over Chinese ADRs delistings off US exchanges.
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Consumer prices rose 7.9% in February, as compared to the same month in 2021, according to data from the Labor Department released in January. Now, U.S. inflation is at a nearly 40-year-high.
Bank of America Head of the Research Investment Committee Jared Woodard sits down with Yahoo Finance Live to talk about Amazon's announced 20-for-1 stock split and buyback program, and how tech companies implement these splits to their stock.
Russia is facing effective bankruptcy as soon as Wednesday after the World Bank warned that crippling sanctions have left the Kremlin “mighty close” to a default on its foreign debts.
These companies are expected to produce rapid growth for sales and earnings, and have high dividend yields well-covered by cash flow.
It was the second quarter in a row that forecasts by the digital-signature company have fallen short of Street estimates and spurred a selloff in the stock.
Money can't buy you happiness, but what about working with a financial advisor?
Don't forget this nugget in the press release detailing Amazon's big 20-for-1 stock split.
The e-commerce giant's stock went into a tailspin based on a rumor. But a closer look show it's much ado about nothing.
(Bloomberg) — Wall Street’s embrace of Rivian Automotive Inc., last year’s electric-vehicle startup darling, is waning already as the company has lost about $117 billion in market value in just four months. Most Read from BloombergRussia Devises Plan to Seize Firms Abandoned in Foreigner ExodusUkraine Update: Zelenskiy Says 40,000 Evacuated, Attacks PersistUkraine Open to Russia's Neutrality Demand But Won’t Yield Territory, Aide SaysChina Warns U.S. Over Forming Pacific NATO, Backing TaiwanU.S
While online gambling has attracted a lot of interest and generated additional revenue for DraftKings , the stock remains a trade and not a long-term hold, says Real Money contributor Stephen "Sarge" Guilfoyle. DraftKings stock is down more than 35% so far this year. "Would I buy this dip?" Guilfoyle asked.
After Oracle Corp. Chief Financial Officer Safra Catz offered an in-line forecast and Larry Ellison knowingly laughed when asked about storing TikTok's data in the U.S. on Thursday afternoon, the software company's shares rebounded from a steep after-hours post-earnings decline.
Rivian (RIVN) reported its fourth quarter and full year 2021 financial results on Thursday after the closing bell. Shares of the EV startup fell as much as 10% immediately following the release.
Bank of America data show that about 15% of the S&P 500’s market cap is in stocks that trade for at least $500—a level that could be high enough to make a split worthwhile.
(Bloomberg) — The bet that Fidelity Investments made on retail investors who swarmed the stock market during the pandemic is paying off for Abigail Johnson and her family.Most Read from BloombergChina Warns U.S. Over Forming Pacific NATO, Backing TaiwanUkraine Open to Russia's Neutrality Demand But Won’t Yield Territory, Aide SaysOwners Fear Planes ‘Are Gone Forever’ After Russia Shields Them From SeizureChina Pushes Conspiracy Theory About U.S. Labs in UkraineUkraine Update: Firms Exit Russia,
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss Amazon doing its first stock split in over 20 years, causing shares to jump.
Zor Capital Managing Director Joe Fahmy and KeyAdvisors Group's Eddie Ghabour join Yahoo Finance Live to discuss growth stocks amid the Fed's interest rate hikes and Russia-Ukraine pressures, planning around volatile risk, and investing patiently when the market dips.
U.S.-listed Chinese stocks fell across the board as the Securities and Exchange Commission released its first list of Chinese companies that failed to adhere to the newly passed Holding Foreign Companies Accountable Act.
