Industry Analysis & Industry Trends
The Private Banking Services industry performed well over the five years to 2014, weathering the recession as the rich got richer. Growth is expected to continue in the five years to 2019 as more consumers attain wealth. Operators will need to refocus on high-net-worth consumers as that market expands.... purchase to read more
Industry Report - Industry Products Chapter
Industry operators act as private wealth advisors that have specialized training and education to assist high-net-worth clients' financial needs. Wealth management professionals invest client money into investment products, which provides clients exposure to a range of assets to grow their money. Equities are the most popular asset; however, the onset of the recession caused large shifts in investment.
Investment in equities by private banks includes large-cap stocks (market capitalization of a least $10.0 billion), as well as small- and mid-cap stocks. This segment represents the largest proportion of industry revenue and is estimated to account for 35.0% of industry revenue earned in 2014... purchase to read more