Global Banking News-October 23, 2017--Pilatus Bank to offer private banking to the mass affluent
populations around the world are growing in size, making them an increasingly important segment for financial providers.
affluent household" to include the mass affluent
(households with $250,000 to $999,000 in investable assets) and the high net worth (households with at least $1 million in investable assets).
Wealth managers today face the question of how to effectively capture and retain the next generation clients, who are, for the most part, in the mass market (MM) or mass affluent
(MA) investor segments and part of Generation X and Y.
The amount of extra tax collected by HMRC in its new campaign against tax avoidance by the mass affluent
has jumped by 60% in the last year says Pinsent Masons, the international law firm.
2 June 2014 - Running out of money in retirement trumps other stress-inducing situations and pressures such as public speaking gaining weight and going to the dentist for mass affluent
Americans according to the results of US financial services firm Bank of America's (NYSE: BAC) latest Merrill EdgeReport.
Main Street investors remain pessimistic about their finances five years after the financial crisis, according to the "2013 Mass Affluent
Investor," a new study released this week by Spectrem Group.
The mass affluent
market is defined as the high end of the mass market or the low end of the HNW market.
The semi-annual study, conducted by Bank of America through research partners Ketchum Global Research & Analytics and Braun Research, involved a telephone survey of more than 1,000 Americans considered mass affluent
because of their investable assets.
For us, we define mass affluent
as anyone who has an annual household income of INR0.
segment represents a significant opportunity for wealth management firms.
Platinum style features for growing UAE mass affluent