This report sizes the opportunity within Belgium's wealth market and analyzes the investment preferences, service requirements, and portfolio allocations of its HNW investors. The report is based on the analyst's annual Global Wealth Managers Survey.
The Belgian HNW market is dominated by professional and high-earning males, while female HNWs and inheritors also present a lucrative target market for wealth managers. With nearly a third of HNW wealth in Belgium unmanaged by professionals, the market offers significant growth potential. Offering a multi-service proposition underpinned by a proven ability to demonstrate returns will be key to tapping into demand. A burgeoning appetite for robo-advice coupled with increasing demand for alternative investments provide arguably the most significant growth opportunities for global wealth managers in the foreseeable future.
The Belgian HNW market is dominated by professional and high-earning males, while female HNWs and inheritors also present a lucrative target market for wealth managers. With nearly a third of HNW wealth in Belgium unmanaged by professionals, the market offers significant growth potential. Offering a multi-service proposition underpinned by a proven ability to demonstrate returns will be key to tapping into demand. A burgeoning appetite for robo-advice coupled with increasing demand for alternative investments provide arguably the most significant growth opportunities for global wealth managers in the foreseeable future.
Scope
- Expats constitute 27.6% of the local HNW population. They represent an attractive target market thanks to their more complex service requirements.
- Robo-advice accounts for 18.1% of the Belgian HNW portfolio and has strong current demand.
- Cash, equities, and property dominate the Belgian HNW portfolio.
Reasons to Buy
- Understand Belgium's HNW wealth market, including the investment preferences of HNW individuals.
- Develop and enhance your client targeting strategies using our data on HNW demographics and sources of wealth.
- Tailor your investment product portfolio to match current and future demand for different asset classes among HNW individuals.
Table of Contents
1. Demographics2. Expats
3. Investment Style Preferences
4. Asset Allocation Preferences
5. Offshore Investment Preferences
6. Products and Services
7. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABN AMRO Private Bank
- Argenx
- Lucy
- BNP Paribas Fortis
- Curvo
- Degroof Petercam
- KBC Private Banking
