Mexico Wealth Report 2014

Published: Oct, 2014 | Pages: 118 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)


Synopsis
This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Mexico.
Summary
This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in Mexico. It also includes an evaluation of the local wealth management market.
Scope
 Independent market sizing of Mexico HNWIs across five wealth bands
 HNWI volume, wealth and allocation trends from 2009 to 2013
 HNWI volume, wealth and allocation forecasts to 2018
 HNWI and UHNWI asset allocations across 13 asset classes
 Geographical breakdown of all foreign assets
 Alternative breakdown of liquid vs investable assets
 Numbers of UHNWIs in major cities
 The number of wealth managers in each city
 Wealth management saturation and potential by city
 Details of the development, challenges and opportunities of the wealth management and private banking sector in Mexico
 The size of Mexico's wealth management industry
 The largest private banks by AuM
 Detailed wealth management and family office information
 Insights into the drivers of HNWI wealth
Reason To Buy
 The Mexico Wealth Report 2014 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the report comprises a wide variety of data that based on over 110,000 HNWIs from around the world in WealthInsight's database.
 With the wealth reports as the foundation for its research and analysis, WealthInsight is able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions it covers.
 The report reviews the performance and asset allocations of HNWIs and ultra-HNWIs. The report also includes projections of the volume, wealth and asset allocations of Mexico's HNWIs to 2018, and a comprehensive background of the local economy.
 The report provides a thorough analysis of the private banking and wealth management sector, latest merger and acquisition activity, and the opportunities and challenges that it faces.
 It also provides detailed information on HNWIs volumes in each major city.
Key Highlights
 There were 146,309 HNWIs in Mexico in 2013. These HNWIs held US$801 billion in wealth, and wealth per capita was US$5.5 million.
 Mexican HNWI numbers rose by 0.9% in 2013, following an increase of 0.4% in 2012.
 Growth in HNWI wealth and volumes is expected to improve over the forecast period. The total number of Mexican HNWIs is forecast to grow by 11.6%, to reach 167,719 in 2018. HNWI wealth will grow by 23.6%, to reach US$1.04 trillion by 2018. 
 Mexican HNWIs held 22.2% of their wealth outside their home country in 2013, equal to US$178 billion, which is level with the global average of 20-30%.

 1 Introduction 
1.1 Details of this Report 
1.2 Definitions 
2 Executive Summary 
3 Wealth Sector Fundamentals 
3.1 Political Background 
3.2 Economic Background 
3.3 Social Background 
3.4 Benchmarking Mexico's Wealth in Context 
3.4.1 Distribution of wealth in Mexico 
3.5 HNWI Volume and Wealth Trends 
4 Findings from the WealthInsight HNWI Database 
4.1 Trends in HNWI Wealth to 2018 
4.1.1 HNWI trend analysis 
4.1.2 Wealth band trends 
4.1.3 Demographic breakdown of HNWIs 
4.1.4 HNWIs - job titles 
4.1.5 HNWIs - industry breakdown 
4.1.6 HNWIs - industry performance 
4.1.7 HNWIs - breakdown by city 
4.1.8 HNWIs - city performance 
4.1.9 HNWIs - city population densities 
4.1.10 HNWIs - city forecasts 
4.1.11 HNWIs - breakdown by state 
4.1.12 HNWIs - state performance 
4.1.13 HNWIs - state population densities 
4.2 UHNWIs 
4.2.1 UHNWI volume trend analysis 
4.2.2 UHNWI wealth trend analysis 
4.2.3 Demographic breakdown of UHNWIs 
4.2.4 UHNWIs - industry breakdown 
4.2.5 UHNWIs - city breakdown and performance 
4.3 UHNWIs - Billionaires 
4.3.1 Billionaire volume trend analysis 
4.3.2 Billionaire wealth trend analysis 
4.3.3 Billionaire per capita net worth trend analysis 
4.3.4 List of billionaires 
4.4 UHNWIs - Centimillionaires 
4.4.1 Centimillionaire volume trend analysis 
4.4.2 Centimillionaire wealth trend analysis 
4.4.3 Centimillionaire per capita net worth trend analysis 
4.5 UHNWIs - Affluent Millionaires 
4.5.1 Affluent millionaire volume trend analysis 
4.5.2 Affluent millionaire wealth trend analysis 
4.5.3 Affluent millionaire per capita net worth trend analysis 
4.6 Core HNWIs 
4.6.1 Core HNWI volume trend analysis 
4.7 Core HNWIs - Mid-Tier Millionaires 
4.7.1 Mid-tier millionnaire volume trend analysis 
4.7.2 Mid-tier millionaire wealth trend analysis 
4.7.3 Mid-tier millionaire per capita net worth trend analysis 
4.8 Core HNWIs - Lower-Tier Millionaires 
4.8.1 Lower-tier millionaire volume trend analysis 
4.8.2 Lower-tier millionaire wealth trend analysis 
4.8.3 Lower-tier millionaire per capita net worth trend analysis 
5 Analysis of Mexican HNWI Investments 
5.1 Analysis by Asset Class 
5.1.1 Trends in alternative assets 
5.1.2 Trends in 'art, wine and wheels' 
5.1.3 Trends of investments in real estate 
5.1.4 Investments trends in cash and deposits 
5.1.5 Investments trends in fixed income 
5.1.6 Investment trends in equity 
5.1.7 Investment trends in business interests 
5.2 Analysis of Foreign Investments 
5.2.1 Investments in Europe 
5.2.2 Investments in North America (including the US, Mexico and the Caribbean)
5.2.3 Investments in the Asia-Pacific 
5.2.4 Investments in Central and South America 
5.2.5 Investments in the Middle East 
5.2.6 Investments in Africa 
5.3 Alternative Breakdown: Liquid vs Investable Assets 
5.4 Analysis of Mexican UHNWI Investments 
6 Competitive Landscape of the Wealth Sector 
6.1 Competitive Landscape 
6.1.1 Private banks 
6.1.2 Foreign Private Banks 
6.1.3 Wealth managers 
6.1.4 Family offices 
6.1.5 Financial advisors 
6.2 Developments in the Mexican Private Banking Industry 
6.3 Wealth Management and the Private Banking Industry 
6.4 Mexican Wealth Management Industry - Clientele Model and Maturity 
6.5 Behavioral Mapping of Wealth Management and Private Banking in Mexico 
6.6 Porter's Five Force Analysis - Wealth Management Industry 
7 Appendix 
7.1 Additional Components of the Mexican Wealth Sector 
7.1.1 Philanthropy 
7.1.2 Demand for intergenerational wealth transfer 
7.2 Tax Regulations 
7.3 Regulations Related to Immigration, Investment and Employment 
7.4 Key Drivers 
7.4.1 MXN to US$ exchange rate 
7.4.2 Real GDP growth 
7.4.3 Per capita GDP 
7.4.4 Domestic market capitalization 
7.4.5 Commodity index 
7.4.6 Foreign direct investments - inflow and outflow 
7.4.7 Inflation 
7.4.8 Interest rate 
7.4.9 Balance of payments 
7.4.10 Government debt 
7.4.11 Stock market performance 
7.5 Wealth Breakdown 
8 About WealthInsight

Table 1: HNWI Wealth Band and Group Definitions 
Table 2: Cities in Mexico, 2013 
Table 3: Mexican HNWIs - Volume Distribution (%), 2013 
Table 4: Mexican HNWIs - Wealth Distribution (%), 2013 
Table 5: Mexican HNWIs - Industry Performance, 2009-2013 
Table 6: Mexican HNWIs - Cities, 2013 
Table 7: Mexican HNWIs - Growth in Top Cities, 2009-2013 
Table 8: Mexican HNWIs - Population Density in Major Cities, 2013 
Table 9: Mexican HNWIs - Populations in Top Cities (Thousands), 2009-2018 
Table 10: Mexican HNWIs - Growth Rates for Top Cities, 2009-2018 
Table 11: Mexican HNWIs - Populations by State, 2013 
Table 12: Mexican HNWIs - State Performance, 2009-2013 
Table 13: Mexican HNWIs - Population Density in States, 2013 
Table 14: Mexican UHNWIs - Gender Performance, 2009-2013 
Table 15: Mexican UHNWIs - Sources of Wealth (%), 2013 
Table 16: Mexican UHNWIs - Populations in Top Cities, 2009-2018 
Table 17: Mexican UHNWIs - Growth Rates for Top Cities, 2009-2018 
Table 18: Mexican Billionaires - Market Overview (US$ Billion), 2009-2018 
Table 19: Top Seven Mexican Billionaires (US$ Billion), 2013 
Table 20: Mexican Billionaire Wealth Growth, 2009?2013 
Table 21: Mexican Centimillionaires - Market Overview, 2009-2018 
Table 22: Mexican Affluent Millionaires - Market Overview, 2009-2018 
Table 23: Mexican Mid-Tier Millionaires - Market Overview, 2009-2018 
Table 24: Mexican Lower-Tier Millionaires - Market Overview, 2009-2018 
Table 25: Mexican Allocations of HNWI Assets, 2009-2018 
Table 26: Mexican HNWIs ? Holdings Growth (%), 2009-2018 
Table 27: Mexican HNWIs - Alternative Asset Composition (%), 2009-2018 
Table 28: Mexican HNWIs - Trends of Investments in Alternative Assets (%), 2009-2018 
Table 29: Mexican Trends in 'Art, Wine and Wheels', 2009-2013 
Table 30: Global Prime Real Estate Prices per m2 (US$), 2014 
Table 31: Mexican HNWIs - Foreign Investment Allocations (%), 2009-2018 
Table 32: Mexican HNWIs - Liquidity Breakdown (US$ Billion), 2009-2018 
Table 33: Mexican HNWIs - Liquidity Breakdown (%), 2009-2018 
Table 34: Mexican UHNWIs - Allocations and Share of HNWI Assets, 2013 
Table 35: Leading Private Banks in Mexico by AuM (US$ Million), 2013 
Table 36: Mexican Leading Foreign Private Banks, 2013 
Table 37: Mexican Wealth Managers, 2013 
Table 38: Wealth Management Industry - Recent Deal Activity in Mexico, 2014 
Table 39: Mexican Income Tax Bands (MXN), 2013 
Table 40: MXN per US$ Exchange Rate, 2009-2018 
Table 41: Mexican Real GDP Growth (%), 2009-2018 
Table 42: Mexican GDP per Capita (US$), 2009-2018 
Table 43: Mexican Domestic Market Capitalization (US$ Billion), 2009-2013 
Table 44: Mexican Commodity Indices, 2009-2018 
Table 45: Mexican Foreign Direct Investments (US$ Billion), 2009-2018 
Table 46: Mexican Inflation Rate (%), 2009-2018 
Table 47: Mexican Interest Rate (%), 2009-2018 
Table 48: Mexican Balance of Payments (US$ Billion), 2009-2013 
Table 49: Mexican Government Debt as a Percentage of GDP (%), 2009-2018 
Table 50: Mexican Stock Market Performance, 2009-2013 
Table 51: Mexican HNWI Wealth vs GDP Ratio (%), 2009-2018 
Table 52: Mexico - Appendix One 
Table 53: Mexico - Appendix Two