Ultra HNWIs in Israel 2013

Published: May, 2013 | Pages: 100 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)


Synopsis
 This report is the result of WealthInsight's extensive research covering the ultra high net worth individual (UHNWI) population and wealth management market in Israel.
 The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's UHNWIs have performed through the crisis.
Summary
This report reviews the performance and asset allocations of Ultra HNWIs in Israel and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.
Scope
 UHNWI volume, wealth and allocation trends from 2007 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 (2007-2012)
 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 Israel
 Size of the Israeli wealth management industry
 Largest domestic private banks by AuM
 Detailed wealth management and family office information
 Insights into the drivers of HNWI wealth
Reason 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 are 1,437 UHNWIs in Israel, with an average wealth of US$109 million per person. Of this total, there are 17 billionaires, 197 centimillionaires and 1,223 affluent millionaires as of year-end 2012.
 UHNWIs account for 1.9% of the total HNWI population of Israel, which is well above the global average of 0.7%. 
 There was a wide range of performance between the different UHNWI wealth bands: The number of billionaires increased by 89%, while the number of centimillionaires and affluent millionaires rose by 24% and 17% respectively.
 WealthInsight expects the number of UHNWIs to increase by 29%, to reach 1,860 individuals in 2017. This will include 21 billionaires, 257 centimillionaires, and 1,582 affluent millionaires.

 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 Benchmarking Israel Wealth in Context 
3.3.1 World statistics 
3.3.2 Distribution of wealth in Israel 
3.4 HNWI Volume and Wealth Trends 
4 Findings from the WealthInsight HNWI Database 
4.1 Trends in HNWI Wealth to 2017 
4.1.1 HNWI trend analysis 
4.1.2 Trends of the wealth bands 
4.1.3 Demographic breakdown of HNWI 
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 - breakdown by city 
4.2.6 UHNWIs - city population densities 
4.2.7 UHNWIs - smaller cities 
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 
5 Analysis of Israeli UHNWI investments 
6 Competitive Landscape of the Wealth Sector 
6.1 Competitive landscape 
6.1.1 Private Banks 
6.1.2 Wealth managers 
6.1.3 Family offices 
6.1.4 Saturation by city 
6.1.5 Financial advisors 
6.2 Wealth Management Industry - Clientele Model and Maturity 
6.3 Behavioral Mapping of Wealth Management and Private Banking Industry in Israel 
6.4 Pension fund industry 
7 Appendix 
7.1 Regulations on Taxes 
7.2 Regulations related to Immigration 
7.3 Economic Indicators 
7.3.1 NIS to US$ exchange rate 
7.3.2 Real GDP growth 
7.3.3 Per capita GDP 
7.3.4 Domestic market capitalization 
7.3.5 Commodity index 
7.3.6 Foreign direct investment 
7.3.7 Inflation rate 
7.3.8 Interest rate 
7.3.9 Balance of payments 
7.3.10 Stock market performance 
7.4 Wealth Breakdowns 
8 About WealthInsight

Table 1: HNWI Wealth Band and Group Definitions 
Table 2: Israel: Regions in Israel, 2012 
Table 3: Israel: Largest 10 Cities in Israel, 2012 
Table 4: Israel: Fastest growing cities in Israel by population, 2006 - 2011 
Table 5: Israel: Fastest growing cities in Israel (economic growth), 2011 - 2012 
Table 6: Israel: HNWIs - Volume Distribution Wealth Pyramid, 2012 
Table 7: Israel: HNWIs - Wealth Distribution Wealth Pyramid (% share), 2012 
Table 8: Israel: HNWI Sector Performance, 2007-2012 
Table 9: Israel: HNWIs - Cities, 2012 
Table 10: Israel: HNWIs in Top Cities, 2007-2012 
Table 11: Israel: HNWIs - Population Density in Major Cities, 2012 
Table 12: Israel: HNWI in Top Cities, 2007-2017 
Table 13: Israel: HNWI Growth Rates for Top Cities, 2007-2017 
Table 14: Israel: HNWIs - States, 2012 
Table 15: Israel: HNWIs - State Performance, 2007 - 2012 
Table 16: Israel: HNWIs - Population Density in Major Cities, 2012 
Table 17: Israel: UHNWI -Gender Performance, 2007- 2012 
Table 18: Israel: UHNWI -Source of Wealth (%), 2012 
Table 19: Israel: UHNWIs in Top Cities, 2007-2017 
Table 20: Israel: UHNWI Growth Rates for Top Cities, 2007-2017 
Table 21: Israel: Billionaires - Market Overview (US$ Billions) 2007-2017 
Table 22: Israel: Top 10 Billionaires (US$ billions), 2012 
Table 23: Israel: Billionaire Wealth Growth, 2007?2012 
Table 24: Israel: Centimillionaires - Market Overview, 2007-2017 
Table 25: Israel: Affluent Millionaires - Market Overview, 2007-2017 
Table 26: Israel: UHNWIs - Allocations and Share of HNWI Assets, 2012 
Table 27: Israel: Major Private Banks by local AuM, 2012 
Table 28: Israel: Other Private Banks by global AuM, 2012 
Table 29: Israel: Wealth Managers Per City 
Table 30: Israel: Largest Wealth Managers, 2012 
Table 31: Israel: Other Wealth Managers, 2012
Table 32: Israel: Family Offices, 2012 
Table 33: Israel: Financial Advisors by City, 2012 
Table 34: Israel: Wealth Management Industry - Recent M&A Activity 
Table 35: Israel: Income Tax Brackets, 2012 
Table 36: Israel: VAT by State, 2012 
Table 37: Israel: Provincial corporate tax rates, 2012 
Table 38: Israel: LC to USD Exchange Rate, 2007-2017 
Table 39: Israel: Real GDP Growth, 2007-2017 
Table 40: Israel: GDP Per Capita, 2007-2017 
Table 41: Israel: Domestic Market Capitalization (US$ Billions) 2007-2011 
Table 42: Israel: Commodity Indices, 2007-2017 
Table 43: Israel: Foreign Direct Investments (US$ Billions) 2007-2017 
Table 44: Israel: Inflation Rate, 2007-2017 
Table 45: Israel: Money Market Rate, 2007-2017 
Table 46: Israel: Balance of Payments (US$ Billions) 2007-2012 
Table 47: Israel: Government Debt to GDP, 2007-2017 
Table 48: Israel: Stock Market Performance, 2007-2012 
Table 49: Israel: HNWI Wealth vs GDP Ratio, 2007-2017 
Table 50: Israel: Appendix One 
Table 51: Israel: Appendix Two