Canadian wealth managers should adjust their strategies in the post-crisis environment
Global wealth management has entered a new chapter in its evolution. As wealth managers recalibrate their strategies in the post-financial crisis environment, it’s critical that they have a strong understanding of which economies present the greatest opportunities for business growth.
According to The next decade in global wealth among millionaire households — a study from Deloitte’s Center for Financial Services — wealth among millionaire households could more than double over the next decade in 25 major economies, growing from an estimated $92 trillion U.S. in 2011 to $202 trillion U.S. in 2020. The assets held by Canadian millionaires alone is expected to total $6.77 trillion by 2020. The study provides estimates of the number of households with net wealth in three distinct cohorts of $1 million to $5 million, $5 million to $30 million, and $30 million-plus across 25 economies. To learn more, download our report.
Download the report here.
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Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 7,600 people in 57 offices. Deloitte operates in Québec as Samson Bélair/Deloitte & Touche s.e.n.c.r.l. Deloitte & Touche LLP, an Ontario Limited Liability Partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.