January 6, 2016
The wealth management industry continues to grow globally. Global HNWI (high net worth individuals) population and wealth expanded at moderate rates in 2014. The ultra-HNWIs which account for approximately 35% of HNWI wealth were significant drivers of global HNWI population and wealth growth in 2014.
US HNWIs is a dominant force in global HNWI wealth growth in 2014. The numbers of HNWIs in the country expanded considerably while their investable wealth has grown to US$15.2 trillion. Much of the US HNWI wealth is concentrated in metro areas representing about two-thirds of HNWI population, which is about three-quarters of its wealth.