The high-net-worth tier is big—and getting bigger. Does your firm have everything it takes to serve these increasingly important investors?
A quarter of all U.S. investable assets now come from households with $5 million to $25 million in assets.1 And the number of U.S. millionaires is expected to jump 39% between 2014 and 2019.2
What Wealth Wants: Refining Your Firm's Approach to the High-Net-Worth Market explores the distinctive needs of top-tier households—and reveals what it takes for a firm to move upstream in pursuit of wealthier clients. The guide addresses:
1 FA Insight based on Board of Governors of the Federal Reserve System, "The 2013 Survey of Consumer Finances," 2014.
2 FA Credit Suisse, “Global Wealth Report 2014,” 2014. Note: “Millionaire” defined in terms of financial and non-financial.