The first U.S. Wealth Report to look at population and wealth trends in the Top 12 U.S. Metro Areas
Capgemini and RBC Wealth Management are proud to introduce the first edition of the U.S. Wealth Report covering in-depth analysis of the top 12 U.S. Metropolitan Statistical Areas (MSAs) for high net worth individuals (HNWIs). Built from the World Wealth Report 2014 and its Global HNW Insights Survey, the report highlights the growth of HNWIs and their wealth in the U.S., as well as reviewing economic and market drivers behind the numbers.
U.S. Wealth Report Interactive Website
Dig deep into the report findings with the U.S. Wealth Report interactive website. There you can find:
- A clickable map displaying HNWI population and wealth for the top 12 MSAs
- Archive of HNWI trends for the Top 12 MSAs from 2010 to 2012
- Insights into U.S. HNWI behaviors with a focus on digital importance and social impact
U.S. HNWI Population and Wealth Reach Record Levels
The population and wealth of HNWIs in the U.S. reached record levels in 2013. U.S. HNWI population jumped 17% to 4 million and their investable wealth grew by 18% to reach $13.9 trillion. Growth rates of both the HNWI population and HNWI wealth in the U.S. exceed the global averages and were driven by a continued economic recovery, strong equity market performance, rising real estate values, and an “energy renaissance” that pushed U.S. oil production to its highest levels in over 20 years.
Growth in U.S. HNWI wealth was driven by the top 12 MSAs by HNWI population: New York, Los Angeles, Chicago, Washington D.C., San Francisco, Boston, Philadelphia, Houston, San Jose, Dallas, Detroit, and Seattle. While HNWI wealth remains mostly concentrated along the East and West coasts, between 2008-2013, three of the four fastest-growing cities in HNWI population and wealth have been those with ties to energy (Dallas and Houston) and technology (San Jose) pointing to a new pattern of HNWI wealth creation in the U.S.
For the Complete Story on Global Wealth Trends
- Explore country and regional trends with the Asia-Pacific Wealth Report
- Gain insights into global HNWI behavior, population and wealth with the World Wealth Report
- Explore RBC Wealth Management
- Learn more about Capgemini's wealth management solutions
® / ™ Trademark(s) of Royal Bank of Canada. Used under license.
Source: Capgemini, RBC Wealth Management and Scorpio Partnership Global HNW Insights 2014.