Wealth in Canada: HNW Investors; Understanding HNW investors and wealth management strategies in Canada. No of Pages – 44 Publishing Date - May 31, 2016 Browse detailed TOC, Tables, Figures, Charts in Wealth in Canada: HNW Investors; Understanding HNW investors and wealth management strategies in Canada. athttp://www.absolutereports.com/10188280 Summary The HNW market in Canada is dominated by family business owners and expat clients drawn from Asia Pacific and the US. These busy owners prefer discretionary asset management and have little desire to try other options. As cautious investors they favor classic investments such as equities and bonds, investing little into less liquid assets such as property or commodities. Tax is a major issue for the domestic wealth market and a key driver for booking offshore. Key Findings - The majority of HNW individuals in Canada have accumulated their wealth through first-generation entrepreneurship and family businesses. - Expats, particularly those from China and the US, represent large segments in the HNW market. - Canadian HNW investors heavily favor equities, followed by the fixed income security of bonds. - HNW individuals show a strong and enduring preference for discretionary asset management, in line with regional peers such as the US. - Canadian HNW investors are preoccupied with tax issues. Demand for tax advice exceeds all other forms of financial planning and is also driving investors to book their money offshore. Synopsis Verdict Financial's “Wealth in Canada: HNW Investors” report analyzes the Canadian wealth management market, with a focus on the HNW segment's demographics, investment preferences and services demand. The report is based on our proprietary survey of wealth managers. Specifically the report: - Profiles the average Canadian HNW investor in terms of their demographics and analyzes the expat opportunity in Canada. - Analyzes which wealth management mandates are preferred among Canadian HNW investors and how demand will develop looking forward. - Examines the allocation of Canadian HNW investors' portfolios into different asset classes and how the allocation is expected to develop in the future. - Analyzes product and service demand among Canadian HNW investors. Reasons To Buy - Develop and enhance your client targeting strategies using our data on HNW profiles and sources of wealth. - Give your marketing strategies the edge required and capture new clients using insights from our data on HNW investors' drivers for seeking investment advice vs self-directing. - Tailor your investment product portfolio to match current and future demand for different asset classes among HNW individuals. - Develop your service proposition to match product and service demand expressed by Canadian HNW investors and react proactively to the forecasted change in demand. Ask for Discount at – http://www.absolutereports.com/enquiry/request-discount/10188280 EXECUTIVE SUMMARY Canadian HNW individuals are concentrated among business owners Key findings Critical success factors PROFILING THE CANADIAN HNW INVESTOR Family business is the dominant source of Canadian HNW wealth However, entrepreneurs are also a lucrative target market Many HNW investors have built their fortunes through property Expats are a large and important target group in Canada Expats constitute 26.3% of the resident HNW population Friendly visa conditions encouraged migration of the rich, although this route was closed in 2014 Chinese and US individuals represent the bulk of the HNW expat population Fear of having insufficient control and steep forex fees motivate HNW expats to invest in Canada CANADIAN HNW INVESTMENT STYLE PREFERENCES Canadian HNW investors value professional advice and control over their investments The majority of HNW wealth is kept in discretionary mandates Canadian HNW individuals are increasingly looking at other asset management styles in a quest for control Demand for all mandates is on the rise but discretionary will continue to win out HNW investors' desire for control is prompting some to self-invest a minority of their assets UNDERSTANDING ASSET ALLOCATION TRENDS AMONG CANADIAN HNW INDIVIDUALS Canadians' love affair with equities is set to continue Equities dominate the HNW portfolio and are forecast to experience the greatest increase in demand Equities dominate HNW investors' managed wealth Bond holdings remain above the global average Cash and near-cash investments are well below average in Canada Property is a small element of Canadian HNW investment portfolios Commodity investments are of little interest to Canadian HNW clients Canadian HNW investors are more open to alternatives than average CANADIAN HNW PRODUCT AND SERVICE DEMAND Planning services are in high demand in Canada Canadian HNW individuals show strong demand for tax advice An aging client base will make pension and inheritance planning much more sought after Tax advice is in high demand in Canada Multiple governments, each able to levy taxes, make Canadians keen on advice Wealth managers lacking the in-house resources to provide tax advice need to address this immediately APPENDIX Abbreviations and acronyms Definitions Affluent HNW Liquid assets Mass affluent Methodology Verdict Financial's 2015 Global Wealth Managers Survey Bibliography Further reading About Verdict Financial Disclaimer Report Details – Date of Publishing - May 31, 2016 No of Pages – 44 Single User PDF License – $3450 Corporate License – $10350 Buy Now - http://www.absolutereports.com/purchase/10188280 About Absolute Report: Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters. Contact– Mr. Ameya Pingaley Absolute Reports +1-408 520 9750 Email – [email protected] www.absolutereports.com Powered by TCPDF (www.tcpdf.org) Powered by TCPDF (www.tcpdf.org)
The PDF document links to a analysis report which analyses the Canadian wealth management market, with a focus on the HNW segment's demographics, investment preferences and services demand. Important findings, Critical success factors, Canadian HNW Investor profile, HNW investment style preferences, asset allocation trends among HNW individuals, their product and service demand have been covered in detail in the report.
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