Abstract
Overview
Introduction
This Strategic Insight Report assesses the issue of organizational scale in
the private wealth management market. It looks at the forces behind the
emergence of large scale international private banks and compares and
contrasts the strategic development of five of the world' s largest players. It
profiles the key players and discusses their current strategies and progress.
Scope
- Covers the top wealth managers globally, taking into consideration their
global assets under management and their strategic initiatives globally
- Includes key financial data relating to the top wealth managers, such as
assets under management, costs and income, and comparing growth over time
- Discusses major strategic issues relating to the industry in the context
of the leading wealth managers at present
Highlights
Political and economic liberalization means that the markets available for
entry at present is larger than ever before, forcing the top tier of wealth
managers to expand to maintain their "global" status. Rapid development of the
BRIC economies, creating a significant class of wealthy individuals, makes
these markets highly attractive.
UBS Wealth Management continues to be the clear leader among global wealth
managers in terms of assets under management, with over double the AuM of its
nearest rival, Credit Suisse Private Banking. With EUR880.8bn under
management, UBS WM alone holds 34% of the total value of assets under
management for the entire top ten in the super league.
Some of the top players in the wealth management super league are undergoing
or have recently experienced major changes in their organization, either as
part of wider transformations of the parent bank or in the private banking
unit. In some ways, significant overhauls that affect the private bank can be
beneficial but also present challenges.
Reasons to Purchase
- Provides detailed insight into the financial and strategic performance of
5 key competitors
- Outlines the emerging competitive landscape, allowing wealth managers to
identify their place in the increasingly complex competitive picture
- Offers a future focused view of key lessons to be learnt from the
successes and failings of the big players
View Cart
