This report sizes the opportunity within Italy'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 Italian HNW market is dominated by professional and high-earning males, while female HNWs and family businesses also present a lucrative target market for wealth managers. In a highly competitive market such as this, advisory mandates have the highest demand, yet 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 alternatives provide the most significant growth opportunities for wealth managers going forward.
The Italian HNW market is dominated by professional and high-earning males, while female HNWs and family businesses also present a lucrative target market for wealth managers. In a highly competitive market such as this, advisory mandates have the highest demand, yet 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 alternatives provide the most significant growth opportunities for wealth managers going forward.
Scope
- Expats constitute 12.1% of the local HNW population. Despite this proportion being much lower than the regional average, these individuals still represent an attractive target market thanks to their more complex service requirements.
- Robo-advice accounts for 23.4% of the Italian HNW portfolio and has strong current demand.
- Equities, bonds, and commodities dominate the average Italian HNW portfolio.
Reasons to Buy
- Understand Italy'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:
- Ventive
- Mediobanca Private Banking
- Delubac Private Banking
- Revolut
- CNP Assurance
- Moneyfarm
- J.P. Morgan Private Bank
