Table of Contents

Executive Summary

Macroeconomic Overview

Switzerland’s Wealth Market

Resident Retail Savings and Investments

Resident vs. Non-Resident Investments in Switzerland

Digital Disruptors

Recent Deals

Appendix

Switzerland Wealth Management: Market Sizing and Opportunities to 2022

Summary

Switzerland stands out for its high proportion of high net worth (HNW) and mass affluent individuals, making it an attractive market for wealth managers. HNW individuals in Switzerland hold the majority of their wealth in traditional liquid assets such as equities, mutual funds, bonds, and deposits. While there has been continued growth in the Swiss domestic wealth market, the country also remains a popular destination for offshore investments for non-residents. But increasing tax transparency pressures, continued negative interest rates, and global macroeconomic risks will continue to slow down both resident and non-resident market growth.

Based on our proprietary datasets, this report analyzes Switzerland’s wealth and retail savings and investments markets, with a focus on the HNW segment. This includes overall affluent market size (both by number of individuals and the value of their liquid assets) as well as a breakdown of liquid versus illiquid HNW holdings. The report also provides analysis of the factors driving liquid asset growth, including a breakdown and forecast of total retail savings and investments split by asset classes including deposits, mutual funds, equities, and bonds.

Scope

- Affluent individuals accounted for 77.3% of Switzerland’s total adult population in 2018, collectively holding 96.7% of the country’s retail wealth.
- Swiss retail investors allocate over half of their wealth to deposits, while equities accounted for 20.5% in 2018.
- Almost a third of Swiss HNW investors’ wealth was held outside of the country, with general geographic diversification the main reason to invest offshore.

Reasons to buy

- Make strategic decisions using top-level historic and forecast data on Switzerland’s wealth industry.
- Identify the most promising client segment by analyzing penetration of affluent individuals.
- Receive detailed insight into retail liquid asset holdings in Switzerland, including deposits, mutual funds, equities, and bonds.
- Understand changing market and competitive dynamics by learning about new competitors and recent deals in the wealth space.
- See an overview of key digital disruptors in the country’s wealth market.