Report spotlights Germany's growing wealth space

FWR Staff

19 September 2006

The customers, products and big players in Europe's largest affluent market. A new survey of Germany's wealth-management market Datamonitor maps out the players, products, services and customers in Europe's largest high-net-worth market.

Ten tiers

Focusing on the onshore liquid assets of mass-affluent and high-net-worth individuals, Wealth Management in Germany 2006 examines the period from 2001 with forecasts through the end of the decade. With more than 9 million individuals with at least $63,000 in onshore liquid assets totaling over $2 trillion, London-based Datamonitor sees Germany's onshore high-net-worth market hitting $2.5 trillion by 2010.

The report pegs Deutsche Bank, UBS and Sal. Oppenheim as the largest wealth managers in Germany, and cites inheritance planning and alternative investments as areas of particular growth potential. Other major players mentioned in the report are Barclays, Credit Suisse, ING, Dresdner and Bankgesellschaft Berlin.

Wealth Management in Germany 2006 further delineates and segments Germany's wealth market in 10 bands, and delves into product and service development, client trends and attitudes, and general market issues as gleaned from a survey of 18 German wealth managers.

The report goes for $4,495. Here's the brochure . -FWR