Altrata

The top 10 cities, including New York, Hong Kong, and Los Angeles, are home to around 18% of the global UHNW population. These cities' UHNW populations saw strong growth last year, except for Hong Kong, which remained stagnant. Dive into the detailed city rankings in Altrata's World Ultra Wealth Report 2024. - http://spr.ly/6045ihPc9

Which region do you think saw the biggest increase in ultra wealthy population last year? Altrata’s World Ultra Wealth Report launches this week, featuring more intriguing statistics and insights on the world’s UHNW population.

According to Forbes, relationship intelligence strategies and tools can help businesses reduce costs and increase efficiency. This leads to increased business growth. Relationship intelligence helps uncover data-driven insights about a company’s complex and dynamic business network. It enhances how dealmakers spend time generating, managing, and closing deals. This includes the strength of relationships, how influential contacts are, and how they can connect you to new opportunities - http://spr.ly/6041irymZ

Jeffrey Perlman has been appointed as CEO of Warburg Pincus. He is 41. Our data shows the average age of PE firm CEOs in the US is 62. Just 2% are below the age of 41.   

In all major regions, individuals with a net worth of $100m+ will account for 40-50% of total transferred wealth. This significant transfer will fuel demand for personalized financial advisory services, while also igniting interest in high-end luxury goods and real estate. It will also lead to a surge in donations and strategic philanthropic partnerships as a result. Gain valuable insights by accessing Altrata's Family Wealth Transfer 2024 report today – http://spr.ly/6047iRhAb

Unlock the power of wealth intelligence. Join us on July 16th at 2:00PM ET for an exclusive webinar with Cloud for Good where we explore the power of data-driven fundraising strategies with Altrata's Wealth Intelligence Solutions. In today’s competitive philanthropic landscape, making informed asks is crucial for maximizing donor engagement and achieving fundraising goals. Register today - https://bit.ly/4bBZQGT

To which industry do wealthy individuals with $100m+ passing wealth devote most of their time? At a global level, banking and finance is the primary focus for the largest share of individuals – twice as common as the next-ranked sectors. Unlock the insights shaping the future of wealth management. Dive into Family Wealth Transfer 2024 to stay ahead of the curve - https://bit.ly/45udwSU

Environment and healthcare gain prominence among future wealth beneficiaries. The next generation inheriting wealth shows a greater interest in environmental and healthcare causes compared to the current wealth holders. Although favorite causes remain similar, such as education, arts, and social welfare, beneficiaries exhibit higher engagement across all top causes – https://bit.ly/45udwSU

The latest Momentum ITSMA Buyer Behavior Study shows a decline in trust towards vendors and advisors.   During a recent panel interview on deepening trust with CxOs Craig Walker (formerly of Salesforce), Eleanor Meek (Dell Technologies), and Christian Weiss (Autodesk) discussed strategies for building trust along with our own Chris Akeson.   One of the biggest take aways: Investing time in building strong relationships and doing your research. This involves thorough preparation for meetings, including researching the executives' business and understanding their current priorities.

Around 37,000 individuals with a net worth in excess of $100m will transfer a collective $13.9 trillion in wealth by 2033. Explore the latest insights from Altrata in our newest report, Family Wealth Transfer 2024, providing in-depth analysis and practical strategies to navigate this transformative wealth landscape – http://spr.ly/6047gYbmS