Opportunities in one of the biggest emerging wealth markets. Datamonitor has published a new report to help financial advisors and wealth managers target well-to-do expatriate Indians - known as "NRIs" or "non-resident Indians."

Entitled Targeting NRIs in Wealth Management, the white paper analyses wealth trends among NRIs and provides insights into "what is emerging as a ready-made wealth management segment globally," according to a sales blurb by Research and Markets, a Dublin-based business-information re-seller.

Get ready

The NRI market is growing fast, both in assets and numbers. In the Asia Pacific region, for example, Australia has about 122,200 NRIs; Singapore has 114,400. As the community gets wealthier there is a growing interest in wealth management, primarily for tax purposes but also for investments. Nearly 80% of NRIs in the U.K., the United Arab Emirates, Hong Kong and Singapore consider guidance around wealth-management as "very or fairly important," according to a poll by Datamonitor, a London-based research firm.

Breaking down the NRI population by country of residence and by wealth, the report examines a wealth segment "with complex and differentiated needs related to the fact that they are outside of their country of origin" that "present wealth managers with opportunities to target them with specific services."

Now for the punchline. It costs $3,814 for a single-user license, $4,196 to allow everyone at a single office or branch of a given firm and $7,627 for firm-wide access. -FWR

.