"Insight Report: Business Strategies for Targeting HNWIs and UHNWIs in Latin America" Published

From: Fast Market Research, Inc.
Published: Tue Feb 02 2016


* Latin America has one of the world's fastest-growing HNWI populations. The combined HNWI population in Brazil, Mexico, Chile, Colombia and Argentina is more than double that of the GCC countries of the UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain. In 2014, there were around 186,000 HNWIs in the GCC countries, while the Latin American countries listed housed 463,000 HNWIs. This represents significant opportunities for private banks and wealth managers to offer both onshore and offshore investments services.
* However, macro-economic uncertainties including currency depreciation, recession in Brazil, recent international banks closing regional branches - including HSBC and Deutsche Bank in 2015, slumps in oil and commodity prices, and the Chinese economic slowdown have all to some extent diverted offshore investments to the US, causing banks to adjust services accordingly.
* Regulatory disparities also create complexities in private banking and wealth management in Latin America. It is therefore important for private banks and wealth managers to recognize the 'new wave' of private banking and wealth management in Latin America. This report provides an in-depth market analysis and strategies for targeting HNWIs and UHNWIs in the region.

Full Report Details at
- http://www.fastmr.com/prod/1117187_insight_report_business.aspx?afid=301

Report Highlights

* HNWI population in Latin America including Brazil, Mexico, Chile, Colombia and Argentina grew by a CARG of 1.4% from 438,753 individuals in 2010 to 463,143 individuals in 2014; and is projected to grow by a CAGR of 3.2% to exceed 530,000 by 2019.
* Chile's HNWI population is one of the fastest growing in the region, recording a forecast compound annual growth rate (CAGR) of 4.8% between 2015 and 2019.
* Real estate and bonds are popular investment options for Latin American HNWIs and UHNWIs.
* Both single- and multi-family offices are likely to grow in Latin America while online investment platforms are still emerging.
* Private banks and wealth managers increasingly use event sponsorship to raise brand awareness

Report Scope

The report covers the following areas:

* Attitudes of Wealth Managers and Private Banks to Targeting Latin American HNWIs and UHNWIs
* Market Snapshot of the Latin American HNWI and UHNWI Markets covering Brazil, Mexico, Chile, Colombia and Argentina
* Business Strategies for Targeting HNWIs and UHNWIs in Latin America

Reasons to Get this Report

* Understand the needs of Latin American HNWIs and UHNWIs, their demographic trends and key regulatory issues facing wealth advisors.
* Be informed about drivers, barriers and key financial products and services offerings in Brazil, Mexico, Argentina, Colombia and Chile and address each trend accordingly.
* Be aware of the attitudes of private banks and wealth managers towards future outlook of Latin American Wealth Management Market.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Insight Report: Business Strategies for Targeting HNWIs and UHNWIs in the Middle East
- Insight Report: Business Strategies for Targeting UHNWIs in Asia-Pacific
- Insight Report: Impact Investments 2015 - Global Opportunities
- Smart Card Market in Latin America 2015-2019
- Netherlands Wealth Report 2015

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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