Future of Private Wealth Management Industry in Canada

Essay by chetanhmUniversity, Master'sA-, May 2007

download word file, 26 pages 3.0

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Table of Contents

1INTRODUCTION �

1PORTERS FIVE ANALYSIS - PRIVATE WEALTH MANAGEMENT INDUSTRY �

4TRENDS AND ISSUES: �

9FORECAST �

10CONCLUSION �

iAPPENDIX I: Porters Five Forces Analysis �

iAPPENDIX II: Global Leaders in Private Wealth Management Business �

iiAPPENDIX III: Canada's Position in Global Private Wealth Management �

iiAPPENDIX IV: Latest Trend: International centre for specialized banking and investment products �

iiiAPPENDIX IV: HNWI Population By Region �

ivAPPENDIX V: Geographic Distribution of Ultra HNWI's �

ivAPPENDIX VI: Global Trends PWM industry- Number of HNWI's & Financial Assets Controlled by them �

vAPPENDIX VII : HNWI Financial Wealth Forecast by Region �

viAPPENDIX VIII: HNWI's transfer of Wealth �

viAPPENDIX IX: Wealth Transfer Ramifications to PWM industry. �

viiAPPENDIX X: Evolving HNWI expectations and implication on PWM industry �

viiAPPENDIX XI: HNWI's expectations from Wealth Advisors �

viiiAPPENDIX XIII: Economic Growth Trends �

ixAPPENDIX XIV: Stock Market Performance �

ixAPPENDIX XV: PWM Industry : Expense Treands �

xANNEXURE XVI: M&A Activities in Wealth Management �

xiAPPENDIX XVII: Regression Analysis - Short, Medium & Long Term Forecast for PWM industry in Canada �

xiiiAPPENDIX XVIII: Canada's super-rich �

xvBIBLIOGRAPHY �

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INTRODUCTION

Like institutional investors, High-Net-Worth Individuals (HNWI's) have investment management needs that are very different from those of an average investor.

Thus the HNWI's require investment advice and service solutions that of a completely different order. This is where Private Wealth Management firms step in to cater to the needs of these investors. Private Wealth Management (PWM) firms provide customized investment solutions that include real alternatives to stocks and bonds in addition to focusing on the twin objectives of capital preservation and long-term growth. As in any other industry, multiple factors affect the working of PWM firms. This paper seeks to identify the key factors are redefining the...