The infographic summarizes key figures from the first edition of the U.S. Wealth Report 2014 from Capgemini and RBC Wealth Management. Built from the World Wealth Report 2014 and its Global High Net Worth Insights Survey, the report highlights the growth of high net worth individuals (HNWIs) and their wealth in the U.S. The infographic reviews key figures from the report and provides a map of the U.S. with the top 12 U.S. Metropolitan Statistical Areas (MSAs) for HNWIs.
UNITED STATES WEALTH REPORT 2014
From Capgemini and RBC Wealth Management
Capgemini and RBC Wealth Management introduce the first edition of the U.S. Wealth Report (USWR),
providing in-depth insight into the nation’s high net worth individual (HNWI) population and wealth,
with a focus on the top 12 U.S. Metropolitan Statistical Areas (MSAs) of New York, Los Angeles, Chicago,
Washington D.C., San Francisco, Boston, Philadelphia, Houston, San Jose, Dallas, Detroit, and Seattle.
U.S. HNWI POPULATION AND WEALTH
17% wealth grew
to a record 4 million
Growth was driven by the top 12 MSAs, home to
Wealth growth driven by a
recovery, strong equity
market performance, rising
real estate values and an
Source: United States Wealth Report 2014, Capgemini and RBC Wealth Management
1) HNWIs are defined as those having investable assets of US$1 million or more, excluding primary residence, collectibles, consumables, and consumer durables.
2) Ranked by 2013 HNWI population.
3) Metropolitan statistical areas (MSAs) are geographic entities defined by the U.S. Office of Management and Budget (OMB) which generally include the named
city as well as many important neighboring counties.
HNWI INVESTING TRENDS
U.S. HNWIs Showed Greater Risk-Taking with Portfolios
Alternative investments (+4PP4)
Alternative investments experienced
the largest increase in allocation of
all asset classes.
Real Estate (+1PP)
Fixed Income (-1PP)
Equity allocations remained
the highest globally, though
down from a year earlier.
Cash and cash equivalents (+2PP)
Source: Capgemini, RBC Wealth Management, and Scorpio Partnership Global HNW Insights Survey 2013, 2014.
4 Percentage points (PP) refer to the difference between two percentages and is used to show the changes with respect to a base/original value.
Dallas and Houston, with strong ties to
the energy sector, led growth and
signaled a new pattern of HNWI wealth
creation beyond the traditional
concentrations on the East and West
coasts. Dallas bumped Detroit out of
the top 10 for HNWI population.
New York holds the most HNWIs and
wealth, both at levels almost three
times more than second-ranked
San Jose joins Dallas, Houston and
Boston as one of the fastest growing
markets for HNWI population and
wealth, driven by its dynamic internet
to 13.9 trillion
69%of U.S. HNWIs
To learn more about the wealth, investment behaviors
and wealth management servicing preferences of HNWIs
in the U.S., please visit:
U.S. HNWIs invested one-third of their wealth beyond
North American borders, up from 20% a year earlier