The worlds wealthy have bounced back in terms of assets, numbers and confidence, and are showing a renewed willingness to work with a single advisor, presenting new opportunities for the top advisors serving that group.
The global population of high net worth individuals grew 9.2%, reaching 12.0 million, according to the World Wealth Report from RBC Wealth Management and Capgemini. North Americas population of 3.73 million high net worth individuals surpassed Asia-Pacifics 3.68 million, and North America also remained the wealthiest region with $12.7 trillion in assets among the high net worth compared to $12.0 trillion in the Asia-Pacific region, the report said. Global assets held by high net worth (over $1 million in investable assets) individuals leapt up 10% in 2012 to a record of $46.2 trillion, marking a turnaround from 2011 when assets fell 1.7%.
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