Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | 2020 Foresight Report: Wealth Management Business Models and Best PracticesWealth management is one of the most promising segments of the global financial services sector due to the emerging markets in Asia and Latin America.
By: Market Research Reports, Inc. Wealth management business models differ in terms of firms, size, corporate structure, clients targeted and revenue generated. Many firms and organizations share common features in terms of their core activities, company history, operations and services, providing a basis for rudimentary or arbitrary business model classifications. It is possible to identify basic wealth management models based around banks or other custodial institutions; Target audience Wealth management companies Contractor research organizations. Academia or other industry observers Marketing and advertising agencies The report provides analysis, information and insights into wealth management models used by wealth management companies globally The report provides a global snapshot of various wealth management business models adopted, their market size and future outlook. The report provides a comprehensive analysis of the respective market size, future outlook and competitive landscape of leading wealth management companies. The wealth management segment emerged as significant to the financial sector in the late 1980s. Due to an increase in demand, the segment was equipped with a network of investment advisors. Global wealth management growth declined dramatically during 2009−2012 due to the US economic crisis, combined with the Eurozone debt crisis in 2011, resulted in high market volatility and minimal growth that swept away investor assets and deterred them from investing in stocks and bonds. The Asia-Pacific’ In terms of HNWI wealth, the Latin American region recorded an impressive CAGR of 9.82% during the review period. The HNWI wealth of this region increased from US$19.7 trillion in 2008 to US$28.7 trillion in 2012. Over the forecast period, the value of HNWI wealth in this region is forecast to increase from US$30.1 trillion in 2013 to US$35.1 trillion in 2017, at a CAGR of 3.93%. The wealth management segment in emerging economies has recorded a greater level of market penetration. The growth and development of the wealth management segment was led by the advent of advanced technology and cost of infrastructure. These market drivers result in conducting decisions in respect with growth and development of the industry enabling UHNWIs to invest appropriately. Australia adopted the highest market penetration rate at 6% with a total of 2,585 UHNWIs and 155 wealth management institutions followed by Poland which grew at a penetration rate of 3.1%. Poland comprises of a total of 15 wealth management institutions providing services to 487 UHNWIs. Market penetration rates are nowhere near saturation level, even in the developed economies of North America and Europe. This has obvious implications for competition and, by design, wealth management business models. In many nations there are a substantial number of potential clients that meet the typical entry requirements for a private banking or wealth management service. This untapped or ‘latent’ market could support a large number of new entrants. Consolidation and acquisition activities in the wealth management segment are being driven by developed economies such as the US and the UK. The US alone recorded more than 100 acquisition deals in 2012, of which 85 were wealth management related. A similar pattern was observed in the UK. Spanning over 79 pages, 25 tables and 37 figures, “2020 Foresight Report: No Magic Bullet - Wealth Management Models” report provides a comprehensive analysis of wealth management models adopted by various wealth management companies in the financial services industry and provides information on current market size and future prospects of the wealth management industry in developed and emerging markets. In addition to covering the Wealth Management Business Models, Best Practices Framework Adopted by Wealth Management Segment, Wealth Management Models-Competitive Landscape and Industry Dynamics, Market Sizing - Global Market Size, Asia-Pacific, Americas and Europe (Regional market size and forecast). The report covers 6 companies; Barclays, BNP Paribas, Deutsche Bank, HSBC, UBS, RBC. For more information visit:http://www.marketresearchreports.com/ Find all Banking & Finance industry reports under a single page at: http://www.marketresearchreports.com/ http://www.youtube.com/ Related reports 2020 Foresight Report: Social Media in Wealth Management, visit: http://www.marketresearchreports.com/ 2020 Foresight Report: Branding and Segmentation in Wealth Management, visit: http://www.marketresearchreports.com/ 2020 Foresight Report: Post Office Financial Services, visit: http://www.marketresearchreports.com/ 2020 Foresight: Bancassurance, visit: http://www.marketresearchreports.com/ 2020 Foresight Report: Reinsurance Hubs, visit: http://www.marketresearchreports.com/ About Market Research Reports, Inc. Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|