Japan has the 2nd highest number of HNWI in the world after the United States. With over 2.2million HNWIs and 17,000 UHNWIs as of 2015, which is projected to grow over 10% for each segment by 2019, Japan is a lucrative market for wealth management providers. However the competition for their wallet share and mind share is fierce.
This report through surveying over 1000 HNWIs and 500 UHNWIs is able to analysis on the psychological makeup of these individuals and the asset classes they invest in along with the cities which are expected to see the largest growth in UHNWIs in the coming years thus providing invaluable intelligence to those companies who wish to tap into this lucrative market. This report also surveyed and interviewed over 20 banks in Japan to learn about the current nature of competition in the market and the challenges they are facing. This allows us to provide an indepth analysis on the banks that provide wealth management services to HNWIs and UHNWIs in Japan.
Our analysts across London, New York, Singapore and Hong Kong survey the globe's top bankers to acquire detailed insights for our reports.