The number of French HNWIs is set to grow by 10% by 2018

Wednesday 4 June 2014, Amsterdam

Report description overview:

The new report: Challenges and opportunities for the wealth sector in France - identifies HNWI wealth will be just shy of US$3 trillion by 2018. By purchasing this report you will secure a proper understanding of shifting market dynamic, which will enable you to amend your business plans accordingly, to allow maximum sales. You will gain an understanding of the challenges and opportunities for the wealth sector in France, enabling you to indentify the key areas in which you want to compete in the future.

The difference:

• Obtain a clear understanding of the latest asset allocations of France’s HNWIs across 13 asset classes, so that you may formulate and implement business strategies.
• Provide yourself with a projections of the volume, wealth and asset allocations of France’s HNWIs to 2018, in order to gain a proper comprehension within the wealth market.
• Look into the size of France’s wealth management industry across five wealth brands and gain insights into the drivers of HNWI wealth, which will enable you to minimize business risks and challenges.

Additional report highlights:

Wealth management in France
France’s private banks offer HNWI investment solutions, portfolio management services, non-traditional investment solutions, real estate advisory, investment planning, tax planning, offshore real estate investment and asset management. Due to a double- dip recession in May 2013, domestic private banks in France have had to respond to the economy and keep shareholders satisfied by cutting jobs, increasing margins and providing additional products to compete.

Throughout the recession, domestic banks became considerably more efficient and transparent as clients become more interested in the way private banks invest their capital. Therefore, growth rates for HNWI wealth and volumes are expected to improve over the forecast period. The number of French HNWIs is forecast to grow by 10% to reach 646,452 in 2018.

Private sector banks across the country are looking at ways to further increase efficiency whilst striving to achieve customer satisfaction, which may be increasingly hard to achieve whilst at the same time seeking to minimize costs. Buy now to find out more!