Ultra HNWIs in the US to 2013
Naperville, IL -- (SBWire) -- 11/25/2013 --Reportstack, provider of premium market research reports announces the addition of Ultra HNWIs in the US to 2013 market report to its offering
This report reviews the performance and asset allocations of Ultra HNWIs in the US, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.
Scope
UHNWI volume, wealth and allocation trends from 2008 to 2012
UHNWI volume, wealth and allocation forecasts to 2017
UHNWI asset allocations across 13 asset classes
Number of UHNWIs in each state and all major cities
Fastest growing cities and states for UHNWIs (2008-2012)
Number of wealth managers in each city
City wise ratings of wealth management saturation and potential
Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in the US
Size of the US wealth management industry
Largest domestic private banks by AuM
Detailed wealth management and family office information
Insights into the drivers of HNWI wealth
Reasons to Buy
The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.
With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
Report includes comprehensive forecasts to 2017.
Also provides detailed information on UHNWIs in each major city.
Key Highlights
There were 44,934 UHNWIs in the US in 2012, with an average wealth of US$138 million per person, making them the prime target group for wealth sector professionals. Of this total, there were 443 billionaires, 13,080 centimillionaires and 31,411 affluent millionaires in 2012.
UHNWIs accounted for close to 0.8% of the total US HNWI population, close to the global average of 0.7%. During the review period, the number of UHNWIs in the US increased by 46% from 30,807 in 2008 to 44,934 in 2012. This was very similar to the increase of 46.8% experienced by core HNWIs.
There was a wide range of performance between the different UHNWI wealth bands: The number of billionaires increased by 33%, while the number of centimillionaires and affluent millionaires increased significantly by 46% each.
WealthInsight expects the number of UHNWIs to increase by 67.7% to reach 75,352 in 2017. This will include 543 billionaires, 21,996 centimillionaires and 52,813 affluent millionaires.
Companies Mentioned
Morgan Stanley Wealth Management
Bank of America Merrill Lynch
JP Morgan Private Bank
Citigroup Private Bank
Goldman Sachs Private Wealth Management
Northern Trust Wealth Management
BNY Mellon Wealth Management
Wells Fargo Private Bank
US Bancorp Wealth Management
PNC Wealth Management
To view the table of contents for this market research report please visit
http://www.reportstack.com/product/146707/ultra-hnwis-in-the-us-to-2013.html
Contact:
Roger Campbell
contactus@reportstack.com
Naperville
Illinois
United States
Ph: 888-789-6604
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Media Relations Contact
Roger Campbell
Director of Marketing
http://www.reportstack.com
View this press release online at: http://rwire.com/393186