Report

U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2024

The Great Wealth Transfer: Capturing Money in Motion

Gain Insight into the Private Wealth Industry

  • Determine how asset managers are engaging with professional buyers in the HNW space
  • Evaluate shifting product and portfolio construction trends among HNW investors as they demand more customized, sustainable, and tax-efficient portfolios
  • Understand evolving service and technology preferences among the next generation of HNW investors, including winning business models and best practices to engage clients

$21,000

Annual Publication

Report US HNW and UHNW Markets 2020 Detail

Buy Now

Drew O'Hearn, CFP

Drew O'Hearn, CFP

Senior Director, Account Management

Boston HQ +1 617.437.0084

Summary

This report provides insights and comprehensive analysis into the private wealth industry, focusing on high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals. Attention is given to the unique characteristics of investors with greater than $5 million in investable assets, including market sizing and growth trends, portfolio construction, product and service demands, and best approaches for both wealth management and asset management providers looking to attract and retain wealthy investors and their families.

A Note from the Author

$124 Trillion in Wealth Will Change Hands by 2048

Chayce Horton

Chayce Horton

Senior Analyst

Bio →

Chayce Horton

Chayce Horton

Senior Analyst

Chayce is a member of the Wealth Management team at Cerulli and contributes primarily to the U.S. Private Banks and Trust Companies and U.S. High-Net-Worth and Ultra-High-Net-Worth Markets annual reports. His analysis covers the wealth and asset management industries that serve high-net-worth (HNW) investors and families. Chayce also provides analyst support to strategic consulting projects in the wealth management space and contributes to The Cerulli Edge series.

Previously, Chayce has experience working in enterprise data governance, government affairs, and business banking at multiple global financial institutions.

Full biography here.

With trillions of dollars changing hands annually, the Great Wealth Transfer is in full swing. Cerulli projects that wealth transferred through 2048 will total $124 trillion—$105 trillion is expected to flow to heirs, while $18 trillion will go to charity. Nearly $100 trillion will be transferred from Baby Boomers and older generations, representing 81% of all transfers.

Amidst accelerating wealth transfers, it is critical for advisors, their firms, asset managers, and other industry participants to balance establishing best practices with current clients while shifting service and product strategies to the future profile of the high-net-worth demographic.

Gain access to The Cerulli Report—U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2024 to receive Cerulli’s updated wealth transfer sizing and discover approaches to address the needs of current clients and future opportunities. Learn the biggest trends shaping the HNW landscape and explore HNW practices’ top strategic initiatives for the coming year.

Contact Us

Want more information?

Learn more about this report and related Cerulli research.

Contact Us

Included with Purchase

Methodology

Methodology

Each report is lead authored by a senior Cerulli analyst with significant industry experience. The report incorporates qualitative and quantitative inputs, based on Cerulli’s proprietary research process. For more on our research process, click here.

Executive summary

Executive Summary

Get the most important report findings distilled in an easy-to-understand and highly visual format before you begin your journey through the report or use it as a tool for senior leadership.

Interactive report dashboard

Interactive Report Dashboard

Access consolidated data from multiple report exhibits in a single comparative view. Flexibly build your view of data with customizable filters and share the results in a format that meets your requirements.

Analyst support

Analyst Support

Got a question? Our analysts are available to help you interpret and analyze key findings as well as provide their perspective on industry trends.

Data

Data Behind the Report

Data is the foundation of our reports. Each study contains nearly 100 exhibits, available to buyers in Excel format. Extract and explore Cerulli’s data and analysis your way.

Digital

Digital Access

Access your reports digitally anytime, anywhere, on any device through our client portal.

You May Also be Interested in:

  • Annual report
  • The Cerulli Edge
Chayce bloomberg web grid

As Seen On Bloomberg TV

Coming Wave of Inheritance | Wall Street Week

Chayce Horton speaks with David Westin at Bloomberg about the increasing net worth coming from inheritance.

VIEW VIDEO

Consulting Page module Rocket 120820

Custom Research & Strategic Consulting

Cerulli Consulting

Understand where to allocate resources to achieve your objectives. We can help you determine which initiatives are likely to be successful and those that may not achieve the desired effect. In an increasingly competitive market, our objectivity and experience can help you to advance your firm’s unique strengths.

Learn More

We use cookies to improve your site experience, distinguish you from other users and support the marketing of our services. These cookies may store your personal information. By continuing to use our website, you agree to the storing of cookies on your device. For more information, please visit our Privacy Notice.