London, UK (PRWEB) February 06, 2014
Recently, the philanthropy sector has been under much discussion between wealth advisers and high net worth individuals (HNWIs). In the past, tax benefits were the key reason for philanthropic giving. However, the worldwide philanthropy sector witnessed continued growth in the past several years, driven to a large extent by HNWIs. The well-established markets, Europe and the US, are the hub for around 60% of the world’s HNWIs population. Meantime, the emerging countries such as India and China have also considerable numbers of HNWIs who are focused primarily on wealth accumulation rather than charitable donation. Other notable local patterns include those of Africa and Latin America; regions which are highly reliant on the church or/and government in the issues related to the development of their socio-economic status. However, such scenario has been changing rapidly since 2000.
Owing to the continuous economic growth, philanthropic involvement from HNWIs worldwide has registered a noticeable increase. This trend is predicted to continue in the next 4 years. At the same time, with the world philanthropic sector achieving the forefront of private banking during 2014-2017, it emerges as a primary concern for involved population, for instance wealth managers. The increasing attractiveness of philanthropy for HNWIs’ clients makes wealth management companies include different philanthropy services in their offerings.
In-demand research report “Insight Report: Philanthropy” worked out by WealthInsight has been recently published by Market Publishers Ltd.
Title: Insight Report: Philanthropy
Published: January, 2014
Price: US$ 3,800.00
The topical research study provides a close look at the actual state of HNWI philanthropy worldwide and also offers a detailed analysis of the role of wealth management companies in philanthropy. It contains case studies of wealth managers and various private banks, successfully challenging the dynamic of the sector. The report gives particular attention to the prevailing philanthropic trends of HNWIs across the globe, includes insightful reviews of the philanthropic sector in different regions (for each region covered, the motives of HNWI philanthropists are scrutinized by gender, age, wealth brand and industry). The study identifies and discusses the major challenges and opportunities the sector promises for wealth firms, covers the philanthropic giving patterns of HNWIs in different regions, and discloses data illustrating key cases that attract HNWIs’ attention to philanthropic contributions. Additionally, a future outlook through 2017 for the global philanthropic sector is provided in the study.
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More insightful research reports by the publisher can be found at WealthInsight page.