This report reviews the performance and asset allocations of Ultra HNWIs in Australia, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.
This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Australia.
The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis.
UHNWI volume, wealth and allocation trends from 2009 to 2013
UHNWI volume, wealth and allocation forecasts to 2018
UHNWI asset allocations across 13 asset classes
Number of UHNWIs in each state and all major cities
Fastest growing cities and states for UHNWIs (2009-2013)
Number of wealth managers in each city
City wise ratings of wealth management saturation and potential
Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Australia
Size of Australia wealth management industry
Largest domestic private banks by AuM
Detailed wealth management and family office information
Insights into the drivers of HNWI wealth
Reasons To Buy
The Ultra HNWIs in Australia 2014 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
With the wealth reports as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
Report includes comprehensive forecasts to 2018.
Also provides detailed information on UHNWIs in each major city.
There were 2,740 UHNWIs in Australia in 2013, with an average per capita wealth of US$120.1 million, making them a prime target group for wealth sector professionals. Of this total, there were 26 billionaires, 585 centimillionaires and 2,129 affluent millionaires.
UHNWIs accounted for 0.9% of the total Australian HNWI population in 2013; above the global average of 0.7%. The number of Australian UHNWIs increased by 90.8% during the review period, from 1,436 in 2009 to 2,740 in 2013.
There was a wide range of performance between the different UHNWI wealth bands: while the number of billionaires increased by 100.0%, the number of centimillionaires and affluent millionaires increased by just 90.6% and 90.6% respectively.
The number of UHNWIs is predicted to increase by 12.8%, to reach 3,167 in 2018. This will include 30 billionaires, 681 centimillionaires and 2,456 affluent millionaires.