Investor Presentaiton
THE MARKET OPPORTUNITY IS BIG AND GROWING
North America Wealth market is large
(>$90 trillion) and growing with a
projected compound annual growth rate
of 5% through 2023
The United States remains an attractive
region with more than 33% of
worldwide millionaires and 28% of
worldwide billionaires
northerntrust.com | 2019 Northern Trust
Industry Projected CAGR 2018-2023
INDUSTRY SNAPSHOT OF NORTH AMERICA WEALTH MANAGEMENT BY SEGMENT
UPPER HIGH
NET WORTH
Wealth Advisory
ULTRA HIGH
$20MM $100MM
MASS AFFLUENT
Personal Client Services
HIGH NET WORTH
Private Client Advisory
$1MM - $20MM
NET WORTH
Wealth Advisory, GFO
>$100MM
9.6% CAGR
$250K - $1MM
6.9% CAGR
5.7% CAGR
3.6% CAGR
Northern Trust focuses upmarket
on the fastest growing wealth segments
AUM per Client
Source: 2019 BCG Global Wealth Report. 2018-2023 CAGR for $0-$1M is 4.8%
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