Assets Held by High Net Worth Individuals will Grow by 37% in the Next Five Years to Reach USD 19.2bn in the US.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c42499) has announced the addition of US High Net Worths 2006 to their offering As in many markets, the past few years have been a testing time for US wealth managers as both personal wealth and the resulting revenues have been hit by the global downturn Downturn The transition point between a rising, expanding economy to a falling, contracting one. downturn A decline in security prices or economic activity following a period of rising or stable prices or activity. and the bursting of the tech bubble A bit in bubble memory or a symbol in a bubble chart. . Since 2003 however, the situation has improved and this report examines the recent developments both in terms of market growth and competition to provide an insight into this key market. Scope of this title: - Sizes and forecasts the number and aggregate onshore on·shore adj. 1. Moving or directed toward the shore: an onshore wind. 2. Located on the shore: an onshore beacon; an onshore patrol. adv. liquid assets Cash, or property immediately convertible to cash, such as Securities, notes, life insurance policies with cash surrender values, U.S. savings bonds, or an account receivable. of high net worth individuals in the US from 2001-2010 across five asset bands - Identifies the key competitors for those services and analyses the current competitive environment in the US - Utilizes our proprietary Global Wealth Model and in-depth interviews with senior executives from some of the top US wealth managers Highlights of this title: - High net worth individuals hold 66% of the total mass affluent Mass affluent and emerging affluent are marketing terms used to refer to the growing high end of the mass market. It is most commonly used by the financial services industry to refer to individuals with US$100,000 to US$1,000,000 of liquid financial assets,[1] and high net worth liquid wealth in the US. The highest levels of liquid wealth were in the highest USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 10m+ and lowest USD300k USD400k asset bands, which represented 14% and 15% of total high net worth liquid assets respectively. - Granting U.S. investors access to global markets is going to be the most prominent issue for the next few years, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry experts. Investors will begin to demand investment products that grant them international exposure, so as to take advantage of growth opportunities in growing markets such as India or China. - Assets held by high net worth individuals in the U.S. will grow by 37% over the next five years, from USD14bn to USD19.2bn. The highest two asset bands, USD4m 10m and USD10m+ will constitute just over a quarter of all liquid wealth held by high net worth individuals in the U.S. over the next five years; Reasons to order your copy: - Identify how large the US wealth management market is and how much you could gain by entering the market - Identify the key US wealth managers, where you fit in among them and their current considerations with regard to competing in this market - Use the market sizing forecasts and key future trends to shape your US wealth management strategy going forward For more information visit http://www.researchandmarkets.com/reports/c42499 Source: Datamonitor |
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