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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About Deloitte
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.
