DUBLIN--(BUSINESS WIRE)--The "Private Banking Services in the US - Industry Market Research Report" has been added to ResearchAndMarkets.com's offering.
The Private Banking Services industry primarily provides investment advisory, asset management and gift and estate planning among other specialized services for high-net-worth clients, who have at least $1.0 million in investable assets, and ultra-high-net-worth clients, whose investable assets exceed $10.0 million.
The industry has expanded over the five years to 2019, as wealth managers have capitalized on the growing number of millionaires in emerging markets.
Moreover, the relative strength of the US economy has further propelled the industry, as wealthy individuals around the world have sought to park their wealth in secure assets such as urban real estate.
Further, demand for private banking services has increased as the global number of high-net-worth and ultra-high-net-worth individuals has grown. As a result, industry revenue is expected to increase during the current period. Over the five years to 2024, industry revenue is expected to rise at an accelerated rate, primarily as the industry becomes increasingly influenced by increasing levels of global wealth.
The Private Banking Services industry comprises banking institutions that actively manage wealth for clients with investable assets exceeding $1.0 million. Private banks have the ability to make investment decisions and generate revenue through fees that are based on asset management, portfolio performance and specialty wealth-advisory services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Companies Mentioned
- Morgan Stanley
- JP Morgan Chase & Co
- Bank Of America Corporation
- Wells Fargo & Company
- The Goldman Sachs Group Inc.
Key Topics Covered:
ABOUT THIS INDUSTRY
- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
PRODUCTS & MARKETS
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
COMPETITIVE LANDSCAPE
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
JARGON & GLOSSARY
For more information about this report visit https://www.researchandmarkets.com/r/abcnoq