Ultra HNWIs in the US to 2013

Published: Nov, 2013 | Pages: 119 | 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 the US.
 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 the US, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.
Scope
 UHNWI volume, wealth and allocation trends from 2008 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 (2008-2012)
 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 the US
 Size of the US 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 were 44,934 UHNWIs in the US in 2012, with an average wealth of US$138 million per person, making them the prime target group for wealth sector professionals. Of this total, there were 443 billionaires, 13,080 centimillionaires and 31,411 affluent millionaires in 2012.
 UHNWIs accounted for close to 0.8% of the total US HNWI population, close to the global average of 0.7%. During the review period, the number of UHNWIs in the US increased by 46% from 30,807 in 2008 to 44,934 in 2012. This was very similar to the increase of 46.8% experienced by core HNWIs.
 There was a wide range of performance between the different UHNWI wealth bands: The number of billionaires increased by 33%, while the number of centimillionaires and affluent millionaires increased significantly by 46% each.
 WealthInsight expects the number of UHNWIs to increase by 67.7% to reach 75,352 in 2017. This will include 543 billionaires, 21,996 centimillionaires and 52,813 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 Social Background
3.4 Benchmarking US Wealth in Context
3.4.1 Distribution of wealth in the US
3.5 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 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 Centimillionaires 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 millionaire 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 US HNWI Investments
5.1 Analysis by Asset Classes
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 Trends of investments in cash and deposits
5.1.5 Trends of investments in fixed-income
5.1.6 Trends of investments in equity
5.1.7 Trends of Investments 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 & the Caribbean)
5.2.3 Investments in Asia Pacific
5.2.4 Investments in Latin 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 US 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 Financial advisors
6.2 Developments in the US Private Banking Industry
6.3 The US Wealth Management Industry - Clientele Model and Maturity
6.4 Behavioral Mapping of Wealth Management and Private Banking in the US
6.5 Financial Services Review
6.5.1 Retail Banks
6.5.2 Funds management
7 Appendix
7.1 Regulations on Taxes
7.2 Regulations Related to Immigration, Investment and Employment
7.3 Key Drivers
7.3.1 Real GDP growth
7.3.2 Per capita GDP
7.3.3 Domestic market capitalization
7.3.4 Commodity index
7.3.5 Foreign direct investments - inflow and outflow
7.3.6 Inflation rate
7.3.7 Interest rate
7.3.8 Balance of payments
7.3.9 Government debt
7.3.10 Stock market performance
7.4 Wealth Breakdowns
8 About WealthInsight

Table 1: HNWI Wealth Band and Group Definitions
Table 2: Major States in the US, 2012
Table 3: Largest Cities in the US, 2012
Table 4: US Top 10 States by GDP, 2012
Table 5: Fastest-Growing Cities in the US by Population, 2010-2012
Table 6: US HNWIs - Volume Distribution Wealth Pyramid, 2012
Table 7: US HNWIs - Wealth Distribution Wealth Pyramid (%), 2012
Table 8: US HNWI Industry Performance, 2008-2012
Table 9: US HNWIs - Cities, 2012
Table 10: US HNWI Growth in Top Cities, 2008-2012
Table 11: US HNWIs - Population Density in Major Cities, 2012
Table 12: US HNWIs in Top Cities, 2008-2017
Table 13: US HNWI Growth Rates for Top Cities, 2008-2017
Table 14: US HNWIs - by States, 2012
Table 15: US HNWIs - State Performance, 2008-2012
Table 16: US HNWIs - Population Density in States, 2012
Table 17: US UHNWIs - Gender Performance, 2008-2012
Table 18: US UHNWIs - Source of Wealth (%), 2012
Table 19: US UHNWIs in Top Cities, 2008-2017
Table 20: US UHNWI Growth Rates for Top Cities, 2008-2017
Table 21: US Billionaires - Market Overview (US$ Billions) 2008-2017
Table 22: US Billionaire Wealth Growth, 2008?2012
Table 23: US Centimillionaires - Market Overview, 2008-2017
Table 24: US Affluent Millionaires - Market Overview, 2008-2017
Table 25: US Mid-Tier Millionaires - Market Overview, 2008-2017
Table 26: US Lower-Tier Millionaires - Market Overview, 2008-2017
Table 27: US Allocations of HNWI Assets, 2008?2017
Table 28: US HNWIs ? Holdings Growth (%), 2008-2017
Table 29: US HNWIs - Trends of Investments in Alternative Assets (%), 2008-2017
Table 30: US HNWIs - Alternative Asset Composition (%), 2008-2017
Table 31: US Trends in 'Art, Wine and Wheels', 2008-2012
Table 32: Global Prime Real Estate Prices per Square Meter in US$, 2012
Table 33: US HNWIs - Percentage of Foreign Investment Allocations, 2008-2017
Table 34: US HNWIs - Liquidity Breakdown (US$ Billion), 2008-2017
Table 35: US HNWIs - Liquidity Breakdown (%), 2008-2017
Table 36: US UHNWIs - Allocations and Share of HNWI Assets, 2012
Table 37: US Top 10 Private Banks by AuM, 2012
Table 38: US Top Foreign Private Banks by AuM, 2012
Table 39: US Wealth Managers per City, 2012
Table 40: US Top 20 Wealth Managers by AuM, 2012
Table 41: US Family Offices, 2012
Table 42: US Family Offices per City, 2012
Table 43: US Financial Advisors in Top Cities, 2012
Table 44: Wealth Management Industry - Recent Deal Activity in the US, 2013
Table 45: US Income Tax Bands, 2012-2013
Table 46: US: Income Tax Bands, 2013-2014 (Due on April 15, 2014)
Table 47: US Corporate Tax Structure, 2013
Table 48: US Real GDP Growth (%), 2008-2017
Table 49: US GDP Per Capita (US$), 2008-2017
Table 50: US Domestic Market Capitalization (US$ Billion) 2008-2012
Table 51: US Commodity Indices, 2008-2017
Table 52: US Foreign Direct Investments (US$ Billion), 2008-2017
Table 53: US Inflation Rate (%), 2008-2017
Table 54: US Money Market Rate (%), 2008-2017
Table 55: US Balance of Payments (US$ Billion) 2008-2012
Table 56: US Government Debt as a Percentage of GDP, 2008-2017
Table 57: US Stock Market Performance, 2008-2012
Table 58: US HNWI Wealth vs GDP Ratio, 2008-2017
Table 59: US Appendix One
Table 60: US Appendix Two