Scroll down to review key findings and emerging themes within the high-net-worth universe.



Family Offices
Powerful and Private Institutions


Women of Wealth
The fastest growing segment of the wealthy population


Importance of Advisor/Client Contact
High marks for satisfaction lead to new business opportunities


Referrals
Professionals are the number one source for quality referrals


Luxury Spending
Resistant to recession
 
Luxury Spending

The world of luxury goods is resistant to recession given the consistently high spending levels of ultra-wealthy consumers.

2005 Spending by Luxury Category

Ultra-wealthy individuals spend frequently and extravagantly on luxury items to support their lifestyle.

CATEGORY
$ SPENT
Fine Arts
$ 1,746,000
Home Improvement
$ 542,000
Rentals
$ 404,000
Jewelry
$ 248,000
Luxury Cars
$ 226,000
Events at Hotels
$ 224,000
Villa Rentals
$ 168,000
Hotels / Resorts
$ 157,000
Watches
$ 147,000
Cruises
$ 138,000
Fashion/ Accessories
$ 117,000
Spas
$ 107,000
Experiential Travel
$ 98,000
Wine / Spirits
$ 29,000

N = 661