London,UK (PRWEB) November 04, 2013
The total number of high net worth individuals (HNWIs) in the US as well as their wealth increased considerably during 2008-2012. In 2012, there were 5.8 million HNWIs in the country. Together they held approximately USD 21.7 trillion in wealth, which is equal to nearly 35% of total wealth held by local individuals. Just over 23.5% of the US NHWIs’ wealth, which is equal to around USD 5.1 trillion, was held outside their homeland. The foreign asset holdings of the US HNWIs are likely to exceed USD 8.39 trillion and account for over 21% of total HNWI assets by 2017.
New York is the major hub for HNWIs in the US; in 2012, there were more than 452,290 HNWIs in the city, holding a combined share of about 7.8% of the country’s total number of HNWIs. Houston, Los Angeles, Dallas, Chicago, Phoenix and San Diego fall within the cities with sizable HNWI populations.
Cutting-edge research report “The US 2013 Wealth Book” worked out by WealthInsight has been recently published by Market Publishers Ltd.
Title: The US 2013 Wealth Book
Published: October, 2013
Price: US$ 4,995.00
The report provides an insightful overview of the US HNWIs population along with a comprehensive analysis of the country’s wealth management market. The report provides details on the HNWIs performance over 2007-2012; discloses vital data on the asset allocations of HNWIs and UHNWIs in the country across 13 asset classes; and also examines top-performing cities. The study presents an evaluation of the domestic wealth management industry and examines the major drivers of HNWI wealth; scrutinizes prevailing industry trends; outlines challenges and opportunities of the wealth management and private banking sector in the country. The research unveils essential information on the key market players and grants access to the detailed forecast for the US wealth management sector through 2017.
More insightful research reports by the publisher can be found at WealthInsight page.