Research and Markets: Challenges and Opportunities for the Wealth Sector in the US 2014-2018

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/rfzzt8/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in the US 2014" report to their offering.

Synopsis:

This report is a thorough analysis of the US's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.

This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in the US.

The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis.

In 2013, US HNWIs held 23.9% (US$5.0 trillion) of their wealth outside of the country, in line with the global average of 20-30%.

It is expected foreign asset holdings to increase to US$6.4 trillion by 2018, accounting for 22.1% of the total HNWI assets.

Europe accounted for 48.5% of US HNWIs' foreign assets in 2013.

North America followed Europe with 19.9%, followed by Asia-Pacific with 16.1%, Latin America with 11.4%, Africa with 2.3%, and the Middle East with 1.7%.

US HNWI allocations to Europe decreased during the review period, from 56.2% in 2009 to 48.5% in 2013. North America and the Asia-Pacific were the most popular emerging regions in terms of US investment.

HNWIs are further expected to increase their levels of investment in Asia-Pacific to 19.0% of foreign HNWI assets by 2018, with investments increasingly being diverted to emerging economies.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Wealth Sector Fundamentals

4 Competitive Landscape of the Wealth Sector

5 Appendix

Companies Mentioned

  • BNY Mellon Wealth Management
  • Bank of America Merrill Lynch
  • Citigroup Private Bank
  • Goldman Sachs Private Wealth Management
  • JP Morgan Private Bank
  • Morgan Stanley Wealth Management
  • Northern Trust Wealth Management
  • PNC Wealth Management
  • SunTrust Wealth Management
  • US Bancorp Wealth Management
  • Wells Fargo Private Bank

For more information visit http://www.researchandmarkets.com/research/rfzzt8/challenges_and

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Wealth Management

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Wealth Management