Challenges and Opportunities for the Wealth Sector in Canada 2013

Publisher Name :
Date: 28-Feb-2013
No. of pages: 66
Inquire Before Buying

Synopsis

•This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Canada.

Summary

This report is a thorough analysis of the Canadian Wealth Management and Private Banking sector and the opportunities and challenges that it faces.

Scope


  • •Independent market sizing of Canadian HNWIs across five wealth bands

  • •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 Canada

  • •Size of the Canadian 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 WealthInsight Intelligence Center Database 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.

  • •The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.

  • •With the Database 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.


Key Highlights

  • There are just over 422,000 HNWIs in Canada in 2012. These HNWIs hold US$1,529 billion in wealth which equates to 26% of total individual wealth held in the country.

  • •Canadian HNWIs outperformed the worldwide HNWI average during the review period - worldwide HNWI volumes decreased by 0.3% whilst Canadian HNWI numbers rose by 1.8%.

  • •In 2012, Canadian HNWI numbers rose by 7.7%, following a drop of 3.6% in 2011.

  • •Growth in HNWI wealth and volumes are expected to improve over the forecast period. The total number of Canadian HNWIs is forecast to grow by 29%, to reach over 544,000 in 2017. HNWI wealth will see a smaller percentage increase, growing by 28% to reach US$1,949 billion by 2017.

  • •The global private banking industry was estimated to have AuM of just over US$19.3 trillion at the end of 2012. The Canadian wealth management sector accounted for approximately US$600 billion of this, equating to 3.1% of the global total.

  • •The US$600 billion equates to 42% of Canadian HNWI wealth (US$1.5 trillion), well above the global average of 25%. This shows that the local HNWI base is relatively well served.

  • •It should be noted that the bulk of Canadian AuM are held by RBC which had global AuM of US$343 billion at the end of 2012 and local AuM of US$195 billion.

Challenges and Opportunities for the Wealth Sector in Canada 2013

Table of Contents

1 Introduction
1.1 Details of this Report
1.2 Definitions

2 Executive Summary

3 Wealth Sector Fundamentals
3.1 Political Background
3.2 Economic Background
3.3 Benchmarking Canada Wealth in Context
3.3.1 World Statistics
3.3.2 Distribution of wealth in Canada
3.4 HNWI Volume and Wealth Trends

4 Competitive Landscape of the Wealth Sector
4.1 Competitive landscape
4.1.1 Private Banks
4.1.2 Wealth Managers
4.1.3 Family offices
4.1.4 Financial Advisors
4.2 Developments in Canada's Private Banking Industry
4.3 Canada's Wealth Management Industry - Clientele Model and Maturity
4.4 Behavioral Mapping of Wealth Management and Private Banking Industry in Canada
4.5 Porter's Five Force Analysis - Wealth Management Industry in the Canada
4.6 Financial Services Review
4.6.1 Retail banks
4.6.2 Fund Management

5 Appendix 41
5.1 Additional Components of the Wealth Sector in Canada
5.2 Regulations on Taxes
5.3 Regulations Related to Immigration, Investment and Employment
5.4 Key Drivers
5.4.1 LC to US$ exchange rate
5.4.2 Real GDP growth
5.4.3 Per capita GDP
5.4.4 Domestic market capitalization
5.4.5 Commodity index
5.4.6 Foreign direct investment
5.4.7 Inflation rate
5.4.8 Interest rate
5.4.9 Balance of payments
5.4.10 Government debt
5.4.11 Stock market performance
5.5 Wealth Breakdowns

6 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions
Table 2: Canada: Regions in Canada, 2012
Table 3: Canada: Largest 10 Cities in Canada, 2012
Table 4: Canada: Fastest growing cities in Canada by population, 2006 - 2011
Table 5: Canada: Fastest growing cities in Canada (economic growth), 2011 - 2012
Table 6: Canada: Major Private Banks by local AuM, 2012
Table 7: Canada: Other Private Banks by global AuM, 2012
Table 8: Canada: Wealth Managers Per City
Table 9: Canada: Largest Wealth Managers, 2012
Table 10: Canada: Other Wealth Managers, 2012
Table 11: Canada: Family Offices, 2012
Table 12: Canada: Financial Advisors by City, 2012
Table 13: Canada: Wealth Management Industry - Recent M&A Activity
Table 14: Canada: Income Tax Brackets, 2012
Table 15: Canada: VAT by State, 2012
Table 16: Canada: Provincial corporate tax rates, 2012
Table 17: Canada: LC to USD Exchange Rate, 2007-2017
Table 18: Canada: Real GDP Growth, 2007-2017
Table 19: Canada: GDP Per Capita, 2007-2017
Table 20: Canada: Domestic Market Capitalization (US$ Billions) 2007-2011
Table 21: Canada: Commodity Indices, 2007-2017
Table 22: Canada: Foreign Direct Investments (US$ Billions) 2007-2017
Table 23: Canada: Inflation Rate, 2007-2017
Table 24: Canada: Money Market Rate, 2007-2017
Table 25: Canada: Balance of Payments (US$ Billions) 2007-2012
Table 26: Canada: Government Debt to GDP, 2007-2017
Table 27: Canada: Stock Market Performance, 2007-2012
Table 28: Canada: HNWI Wealth vs GDP Ratio, 2007-2017
Table 29: Canada: Appendix One
Table 30: Canada: Appendix Two

List of Figures

Figure 1: HNWI Wealth Band Definitions
Figure 2: Canada: Map
Figure 3: Canada: Asset Price Performance, 2007-2012
Figure 4: Canada: HNWI Performance, 2007-2017
Figure 5: Canada: Canadian HNWIs vs the World
Figure 6: Canada: Wealth Management Industry - Maturity Level of Players
Figure 7: Canada: Wealth Management Industry - Behavioral Mapping, 2012
Figure 8: Canada: Wealth Management Industry - Five Forces Analysis
Figure 9: Canada: LC to USD Exchange Rate, 2007-2017
Figure 10: Canada: Real GDP Growth (%), 2007-2017
Figure 11: Canada: GDP Per Capita, 2007-2017
Figure 12: Canada: Domestic Market Capitalization (US$ Billion) 2007-2011
Figure 13: Canada: Commodity Indices, 2007-2017
Figure 14: Canada: Foreign Direct Investments (US$ Billion) 2007-2017
Figure 15: Canada: Inflation Rate, 2007-2017
Figure 16: Canada: Money Market Rate, 2007-2017
Figure 17: Canada: Balance of Payments (US$ Billion) 2007-2012
Figure 18: Canada: Government Debt to GDP, 2007-2017
Figure 19: Canada: Stock Market Performance, 2007-2012
Figure 20: Canada: HNWI Wealth vs GDP Ratio, 2007-2017
Figure 21: Canada: HNWIs - Volume by Wealth Band, 2007-2017
Figure 22: Canada: HNWIs - Wealth by Wealth Band (in US$ Billion), 2007-2017
Figure 23: Canada: HNWIs - Wealth Per Capita (in US$ Billion), 2007-2017

  • Russia Wealth Report 2016
    Published: 30-Nov-2016        Price: US 4995 Onwards        Pages: 87
    Synopsis This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Russia. Summary This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in Russia. It also includes an evaluation of the local wealth management market. Scope • Independent market sizing of Russian HNWIs in five wealth bands • HNWI volume, w......
  • Wealth in India: Sizing the Market Opportunity 2016
    Published: 23-Nov-2016        Price: US 3450 Onwards        Pages: 42
    Summary Driven by economic performance, over the past few years the Indian wealth market has impressed with strong growth rates, which are expected to continue to 2020. India currently holds the crown as the world's fastest growing major economy and, as such, it is beginning to positively distance itself from Brazil, Russia, and China. This, aligned with the substantial Indian population, underlines the huge potential of the market for wealth managers. ......
  • China Wealth Report 2016
    Published: 18-Nov-2016        Price: US 4995 Onwards        Pages: 88
    Synopsis This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in China. It also includes an evaluation of the local wealth management market. Summary This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in China. Scope Independent market sizing of the Chinese HNWIs for fi......
  • Wealth in the UK: Competitive Dynamics 2016
    Published: 03-Nov-2016        Price: US 3450 Onwards        Pages: 39
    Summary Since the introduction of the Retail Distribution Review (RDR) in 2012, the UK wealth management competitive landscape has undergone a steady evolution. New business models have emerged as both new and established players seek ways to address the range of financial demands of retail, mass affluent, and cost-conscious high net worth (HNW) individuals. Several digital platforms have launched in the UK market in 2016, ranging from extensions of traditional wealth......
  • Wealth in Belgium: Sizing the Market Opportunity 2016
    Published: 02-Nov-2016        Price: US 3450 Onwards        Pages: 41
    Summary Wealth market growth in Belgium has experienced a slowdown in 2016 following the terrorist attacks and Brexit. Combined with the volatility of the stock market, Belgian individuals have been driven to adopt cautious investment strategies. Nevertheless, future growth will be driven by mutual funds. The increase in their popularity in a sector where asset allocation is dominated by deposits can be attributed to their balanced and fixed income strategies. ......
  • HNWI Asset Allocation 2020
    Published: 31-Oct-2016        Price: US 3800 Onwards        Pages: 66
    Synopsis This report looks at a detailed breakdown from WealthInsight's proprietary country report model of HNWI population and wealth. It provides an analysis of HNWI demographics based on a unique analysis of HNWI dossier database. It analyses trends in HNWIs investment by asset class and looks at a breakdown of foreign and alternative investments. It provides an in-depth analysis of competitor product strategy, mergers and acquisitions, and innovation and ident......
  • Wealth in Taiwan: Sizing the Market Opportunity 2016
    Published: 29-Oct-2016        Price: US 3450 Onwards        Pages: 43
    Summary A plunge in stock market performance and weak economic data took a toll on Taiwanese wealth generation in 2015. However, a robust equity market recovery in 2016 has boosted the retail savings and investment market, with gains of almost 10% on the Taiwan Futures Exchange in the first nine months of 2016. Between 2016 and 2020, Taiwan's retail investment market is forecast to record a compound annual growth rate (CAGR) of 4.9%. Key Findings......
  • Wealth in South Africa: Sizing the Market Opportunity 2016
    Published: 28-Oct-2016        Price: US 3450 Onwards        Pages: 35
    Summary South Africa is currently navigating a turbulent course of political, economic, and financial uncertainties that are seriously undermining future prospects. Low economic growth, high inflation, currency devaluation, and the threat of a further downgrade of the country's national credit rating to "junk" are hampering the South African wealth market. Political tensions are increasing investor nerves, making it a vital time for wealth managers to guide their clie......
  • Challenges and Opportunities for the Wealth Sector in Malaysia 2016
    Published: 27-Oct-2016        Price: US 1995 Onwards        Pages: 41
    Synopsis This report is a thorough analysis of Malaysia Wealth Management and Private Banking sector, and the opportunities and challenges that it faces. Summary This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Malaysia. The report focuses on HNWI performance between the end of 2011 and the end of 2015. This enables ......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs