Private Banking Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Private Banking Services Market Research Report | Advisory & Financial Services | Alternative Financing | Mar 2015

Top of the heap: Increased wealth and stock market recovery will propel industry growth

IBISWorld’s Private Banking Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Bank of America Bank of America market share
JPMorgan Chase & Co. JPMorgan Chase & Co. market share
Morgan Stanley Smith Barney Morgan Stanley Smith Barney market share
Wells Fargo Wells Fargo market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The Private Banking Services industry, which provides wealth management services to high-net-worth clients, is expected to grow robustly in the five years to 2015. Although massive devaluations of client assets in the wake of the financial crisis encouraged low-risk investments and eroded revenue from asset- and performance-based fees, the industry has rebounded in recent years due to strong growth in the stock market. In the next five years, growth in the number of high-net-worth individuals will expand the industry's potential market, but also force firms to reorient their services. Although competition from other financial firms is expected to continue to intensify, the industry is projected to continue growing in the five years to 2020.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Private Banking Services industry comprises a large number of mid-sized companies, with the average establishment employing less than 15 people. As a result of the large amount of participants in this industry, market share concentration is low, with the top four companies accounting for less than 40.0% of total industry revenue. While there are large players in this industry, no player accounts for more than 10.5% of revenue. The industry is highly competitive with both large commercial banks and investment banks competing with smaller private banks for business, further leading to a low market share concentration for the industry... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Private Banking Services Industry?

This industry comprises banking institutions that actively manage wealth for clients with investable assets exceeding $1.0 million. Private banks have the ability to make investment decisions and generate revenue through fees that are based on asset management, portfolio performance and specialty wealth-advisory services.

Industry Products
Cash and equivalent assetsFixed income assetsEquitiesAlternative assetsOther and balanced assets
Industry Activities
Assisting high-net-worth clients with financial needsProviding specialty wealth-advisory servicesActively managing client portfoliosEquity asset managementFixed-income asset managementAlternative asset management

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