High-net-worth individual Market Research Report, Market Analysis, Market Forecast, Market Leading Players : Ken Research

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• Opportunities with Rising HNW Population Market
  Outlook Ken Research

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• According to the study, HNW Targeting and
  Retention Strategies Most banks like Credit
  Suisse, JP Morgan, BNP Paribus Citibank, Morgan
  Stanley, Deutsche Bank, HSBC provide wealth
  management services and have a separate business
  unit consulting of consultants and product
  specialists to provide wealth assistance to HNW
  population. Private wealth management is
  delivered to high net worth individuals. This
  includes advice on use of various estates
  planning vehicles, business succession or stock
  option planning with the occasional hedging of
  derivatives for large blocks of stock.
  Traditionally, the wealthiest retail clients of
  investment firms demanded a greater level of
  service, product offering and sales personnel
  than that received by average clients. With an
  increase in the number of affluent investors in
  recent years, there has been an increasing demand
  for sophisticated financial solutions and
  expertise throughout the world.

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• High-net-worth individual (HNWI) is a term used
  by some segments of the financial services
  industry to designate persons whose investible
  assets (such as stocks and bonds) exceed a given
  amount. Typically, these individuals are defined
  as holding financial assets (excluding
  their primary residence) with a value greater
  than a specified given amount. Initially the HNW
  population was largely concentrated in the
  western countries of North America, however
  recent trends have shown that the population has
  begun to spread across the globe to cities such
  as Hong Kong, Dubai, Tokyo, London, Los Angeles
  to name a few. Furthermore the rise of emerging
  market over the past decade has triggered the
  upsurge of HNW population even in the South
  American and Asia Pacific region. The largest
  proportion of high net worth individuals in the
  world can be found in the North American region.
  Studies reveal that more than half of the HNW
  population resides in the North America. The
  global growth in HNI population can be attributed
  to factors like appreciation in equity and other
  asset classes and also in markets like
  commodities and real estate. 

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• Before selecting a wealth manager, HNWs look for
  multitude factors such as experience of the firm,
  the products and services offered, charges,
  quality of firm and even employee turnover.
• In 2017, Chinas top regulators unveiled reforms
  for the countrys wealth management industry
  aiming to reduce the risk of accumulating across
  its financial system. The major reform is to
  shift to traditional asset managers. Chinas
  asset management industry was dominated by
  quasi asset managers including bank wealth
  management products and trust companies whose
  nature is fundamentally different from global
  definitions. The traditional asset managers
  include mutual funds and private funds.

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• HNI needs include the likes of buying a property
  in Dubai, buying a structured product, picking up
  a stake in a promising or upcoming business,
  funding a real estate project through debt or
  could be even looking at the idea of buying into
  a distressed asset, or writing a complex
  will. Orange Business Services (France) and
  Additiv (Singapore), an expert in digital
  solutions for the financial market, have teamed
  up to offer digital wealth management service
  products. The cloud-based offerings will automate
  wealth management and address the strong growing
  demand for digital financial services from
  clients and the urgency to reduce operating costs
  by many financial institutions.
• Due to constant increase in the number of high
  net-worth individuals all around the globe, this
  industry is expected to grow at an increasing
  rate in the coming years and shall see its roots
  expanding to regions of Africa, Latin America and
  Asia Pacific.

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• To know more, click on the link below
• https//www.kenresearch.com/banking-financial-serv
  ices-and-insurance/financial-services/hnw-targetin
  g-retention-strategies/149646-93.html
• Contact Us-
• Ken Research
• Ankur Gupta, Head Marketing Communications
• sales_at_kenresearch.com
• 0124-4230204

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