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Analyst Opinions
NewAustralia Wealth Management – High Net Worth (HNW) Investors, 2023 Update
Australia Wealth Management Report Overview Austalia’s wealth market is mature when compared to other Asia-Pacific markets. More than 57% of HNW investors in Australia are aged 61 or above, consequesntly highlighting major wealth preservation strategies. Healthcare is the largest contributor to HNW wealth in Australia. However, the financial services sector, the second-largest contributor to HNW wealth has remained resilient in the face of global and domestic uncertainty. Australia wealth mangemnet market report sizes the opportunity within Australia's wealth market and...
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Analyst Opinions
NewHNW Asset Allocation Trends, Strategies, Drivers and Forecast, 2023 Update
HNW Asset Allocation Market Report Overview HNW investors have moved away from risk assets to safeguard their fortunes. HNW equity allocations reduced risk appetite following a share price dive at the beginning of 2022 and heightened volatility thanks to various macroeconomic & political forces has seen investors move away from equities. This trend continued throughout 2022. However, the ongoing Russia/Ukraine conflict and rising inflationary pressures have forced central banks across the world to tighten monetary conditions, equity positions were reconsidered....
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Analyst Opinions
NewSpain Wealth Management – High Net Worth (HNW) Investors
Spain Wealth Management Report Overview Female HNW investors remain underrepresented, but have a huge potential to grow in the Spanish wealth management market. Males account for more than 85% of the total HNW population in the country, which is slightly above average for Europe. Several programs have been established to educate and support women in establishing businesses to foster female participation in the field of entrepreneurship. For instance, in September 2022, the government launched The Break: a 10-week program for...
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Analyst Opinions
NewUnited Kingdom (UK) Financial Advisors Market Size, Trends and Analysis by Financial Advice Firms and their Customers, Opportunities and Threats, 2023 Update
United Kingdom (UK) Financial Advisors Market Report Overview The financial advisory market in the UK has performed strongly post the COVID-19 pandemic, with average revenues and profits increasing. The market composition is steadily changing amid a wave of consolidation due to ready sellers and willing buyers. Single advisor firms still dominate the market, but there has been a steady growth in the number of medium-sized firms as well. Key financial advisor concerns have changed over the last 12 months, with...
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Sector Analysis
NewHong Kong (China SAR) Wealth Management – High Net Worth (HNW) Investors
Hong Kong (China SAR) Wealth Management Report Overview The HNW population in Hong Kong is primarily dominated by males who account for more than 84% of HNW individuals. However, a shift is slowly evolving and female HNW investors, particularly professionals, constitute an increasingly attractive target segment due to targeted initiatives driving female participation in high-ranking professions. The Hong Kong (China SAR) wealth management market report analyzes the investing preferences and portfolio allocation of Hong Kong's HNW individuals. It profiles HNW...
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Analyst Opinions
NewUnited Kingdom (UK) Wealth Management – High Net Worth (HNW) Investors
UK Wealth Management Report Overview HNW expats in the UK represent a sizable and lucrative segment to target, as close to a quarter of the HNW population hail from outside the UK – well above the wider region. The UK has long been a major expat hub, partly due to its status as a key global financial center. The UK wealth management market report sizes the opportunity within UK’s wealth market and analyzes the investment preferences, service requirements, and portfolio...
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Analyst Opinions
NewSingapore Wealth Management – High Net Worth (HNW) Investors
Singapore Wealth Management Report Overview Men continue to dominate Singapore’s HNW population, accounting for 84.2% of HNW individuals. However, we expect the proportion of females to grow as more women enter high-ranking positions in major corporations and engage in entrepreneurial endeavors. The Singapore wealth management market report sizes the opportunity within Singapore’s wealth market and analyzes the investment preferences, service requirements, and portfolio allocations of the country’s HNW investors.
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Analyst Opinions
United Kingdom (UK) Wealth Management Market Size, Trends, Competitor Dynamics and Opportunities
UK Wealth Management Report Overview The top 20 UK wealth managers saw assets under management (AUM) growth in 2020. The top three by AUM were St. James’s Place Wealth Management, Barclays, and the now-merged Tilney Smith & Williamson. Despite the COVID-19 pandemic, 2020 closed positively for the largest 20 players, as each saw year-on-year growth. Overall, this group grew AUM by 11.3%. Across most top 20 players, positive market performance was the strongest driver of growth in 2020 due to...
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Analyst Opinions
Wealth Management Trends and Themes in 2023
Wealth Management Trends Market Overview Wealth management is in for another challenging year, which is set to dampen profits and result in many disappointed clients. Looking at the market trends, there seem to be more challenges and threats than growth opportunities. Geopolitical tensions, inflation, and the Crypto Winter are all headwinds for the industry. Despite these crisis management issues, wealth managers are still looking to build up capabilities in ESG, expand in key growth markets, unlock the benefits of more...
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Analyst Opinions
India Wealth Management – Market Sizing and Opportunities to 2026
India Wealth Management Market Report Overview India’s affluent segment (including the HNW and mass affluent population) has experienced robust growth in the recent years. The India Wealth Management market research report analyzes India’s wealth and retail savings and investments markets including the overall affluent market size. The report also provides an analysis of the factors driving liquid asset growth, including a breakdown, and forecast of total retail savings and investments split by equities, mutual funds, deposits, and bonds.
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Company Insights
Deutsche Bank Wealth Management – Competitor Profile
This report provides a comprehensive analysis of Deutsche Bank’s wealth management operations. It offers insights into the company’s strategy and financial performance, including key data on assets under management (AUM). Customer targeting and service propositions are covered, as are product innovation and marketing activities. Deutsche Bank is a global bank headquartered in Frankfurt, Germany. It has a presence in Asia-Pacific; the Americas; and Europe, the Middle East, and Africa. The bank’s Wealth Management division sits within the overall Private Bank...
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Company Insights
HSBC Private Bank – Competitor Profile
This report provides a comprehensive analysis of HSBC’s wealth management operations. It offers insights into the company’s strategy and financial performance, including key data on assets under management (AUM). Customer targeting and service propositions are covered, as are product innovation and marketing activities. Headquartered in London, HSBC Holdings is a global universal bank. HSBC Private Bank is a brand used by its Global Private Banking (GPB) unit, catering to individuals with more than $5 million (or the local currency equivalent)...
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Company Insights
Standard Chartered Private Bank – Competitor Profile
GlobalData’s 'Standard Chartered Private Bank - Competitor Profile' provides a comprehensive analysis of Standard Chartered’s private banking operations. It offers insights into the company’s strategy and financial performance, including key data on AUM. Customer targeting and service propositions are covered, as are product innovation and marketing activities. Standard Chartered is a global bank headquartered in London, England. It provides consumer banking, corporate and institutional banking, and treasury services across 59 markets and 776 branches worldwide.
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Company Insights
Citi Private Bank – Competitor Profile
GlobalData’s 'Citi Private Bank - Competitor Profile' provides a comprehensive analysis of Citigroup's private banking operations. It offers insights into the company’s strategy and financial performance, including key data on AUM. Customer targeting and service propositions are covered, as are product innovation and marketing activities. Headquartered in New York, the US, Citigroup is a global financial services organization that provides a broad range of products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services,...
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Analyst Opinions
Wealth Management Competitive Dynamics, 2022 Update – Review of Wealth Managers by AUM, Financial Performance, Innovative and Competitive Trends
Wealth Management Competitive Dynamics Report Overview After 2021 saw double-digit growth in client assets and record profits, the private wealth management industry looks set for its toughest year since the global financial crisis. A combination of expansionary monetary policy and pandemic support created fertile market conditions for private wealth managers in 2021, but 2022 is set to be the polar opposite – saddling competitors with significant challenges and headwinds. The wealth management competitive dynamics research report benchmarks the AUM and...
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Company Insights
Goldman Sachs Wealth Management – Competitor Profile
GlobalData’s 'Goldman Sachs Wealth Management - Competitor Profile' provides a comprehensive analysis of Goldman Sachs’s private banking and wealth management operations. It offers insights into the company’s strategy and financial performance, including key data on AUM. Customer targeting and service propositions are covered, as are product innovation and marketing activities. Goldman Sachs is one of the leading financial services companies globally. It operates through four business divisions: Investment Banking, Global Markets, Asset Management, and Consumer and Wealth Management (CWM).
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Sector Analysis
Morgan Stanley Wealth Management – Competitor Profile
This report provides a comprehensive analysis of Morgan Stanley Wealth Management’s operations. It offers insight into the company’s strategy, financial performance, customer targeting, service propositions, and product innovations. Headquartered in New York, Morgan Stanley is a global financial organization that provides wealth management services through its Morgan Stanley Wealth Management division, which is focused mostly (but not exclusively) in the US.
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Company Insights
New Zealand Wealth Management – Market Sizing and Opportunities to 2026
New Zealand’s affluent population (including HNW and mass affluent individuals) registered an average annual growth rate (AAGR) of more than 6% over 2016–19. This positive performance hit a roadblock in 2020 due to the outbreak of COVID-19, which caused widespread economic turmoil and global financial markets to crash. Yet New Zealand’s successful COVID-19 elimination strategy in 2020 helped minimize economic damage and drive a faster recovery. The New Zealand wealth management market research report analyzes New Zealand wealth and retail...
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Company Insights
J.P. Morgan Private Bank – Competitor Profile
This report provides comprehensive analysis of J.P. Morgan’s private banking and wealth management operations. It offers insight into the company’s strategy and financial performance, including key data on assets under management. Customer targeting, service proposition, product innovation, and marketing activities are also covered. Headquartered in New York, JPMorgan Chase is a US-based financial services company and the parent holding company of both J.P. Morgan and Chase. J.P. Morgan Private Bank is a brand used by its Asset & Wealth Management...
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Company Insights
Credit Suisse Private Banking – Competitor Profile
Credit Suisse is a global bank headquartered in Zürich, Switzerland. It provides private banking and wealth management, corporate banking, investment banking, and retail banking services to individuals, corporations, and institutions in approximately 50 countries. This report provides a comprehensive analysis of Credit Suisse’s private banking and wealth management operations. It offers insights into the company’s strategy and financial performance, including key data on assets under management (AUM). Customer targeting and service propositions are covered, as are product innovation and marketing...
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