Private Banking Services in the US - Industry Market Research Report

Private Banking Services in the US - Industry Market Research Report

Private Banking Services

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.


MAJOR COMPANIES

Morgan Stanley

Jpmorgan Chase & Co

Bank Of America Corporation

Wells Fargo & Company

The Goldman Sachs Group, Inc.

TABLE OF CONTENTS

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

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