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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Manchester Capital Management

Hot spots for wealth management: Capgemini

Posted by RJ and Makay on Jul 22, 2011

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The New York City metropolitan area has 720,000 high net-worth individuals (HNWIs), almost three times as many as Los Angeles, which is second in the nation at 256,500 HNWIs, according to professional services firm Capgemini, which recently released its 2011 Metro Wealth Index.  Chicago, Washington D.C. and San Francisco follow with 212,300, 164,400 and 147,400, respectively.  The index monitors populations of HNWIs within the top ten U.S. metropolitan statistical areas (MSAs). The index helps wealth management firms understand the scale and potential of different markets, identify new growth opportunities, or adjust an existing footprint in specific regions.