1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Private Banking Market Trends
  5. > Ultra HNWIs in Dominican Republic 2014

Ultra HNWIs in Dominican Republic 2014

  • July 2014
  • -
  • WealthInsight
  • -
  • 100 pages

Synopsis
- This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Dominican Republic.
- The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis.

Summary
This report reviews the performance and asset allocations of Ultra HNWIs in Dominican Republic, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.

Scope
- UHNWI volume, wealth and allocation trends from 2009 to 2013
- UHNWI volume, wealth and allocation forecasts to 2018
- UHNWI asset allocations across 13 asset classes
- Number of UHNWIs in each state and all major cities
- Fastest growing cities and states for UHNWIs (2009-2013)
- Number of wealth managers in each city
- City wise ratings of wealth management saturation and potential
- Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Dominican Republic
- Size of Dominican Republic wealth management industry
- Largest domestic private banks by AuM
- Detailed wealth management and family office information
- Insights into the drivers of HNWI wealth

Reasons To Buy
- The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
- The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.
- With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
- Report includes comprehensive forecasts to 2018.
- Also provides detailed information on UHNWIs in each major city.

Key Highlights
- There were 240 UHNWIs in the Dominican Republic in 2013, with an average per capita wealth of US$79.2 million, making them a prime target group for wealth sector professionals. Of this total, there were no billionaires, 34 centimillionaires and 207 affluent millionaires.
- UHNWIs accounted for 2.3% of the total Dominican Republic HNWI population in 2013, significantly higher than the global average of 0.7%. During the review period, the number of Dominican Republic UHNWIs increased by 27.7%, from 188 in 2009 to 240 in 2013.
- There was a small variation in performance between the centimillionaires and affluent HNWI, increasing by 25.9% and 29.4% respectively.
- WealthInsight expects the number of UHNWIs to increase by 27.3% to reach 326 in 2018. This will include no billionaires, 48 centimillionaires and 278 affluent millionaires.

Table Of Contents

Ultra HNWIs in Dominican Republic 2014
Table of Contents
1 Introduction
1.1 Details of this Report
1.2 Definitions
2 Executive Summary
3 Wealth Sector Fundamentals
3.1 Political Background
3.2 Economic Background
3.3 Social Background
3.4 Benchmarking Dominican Republic Wealth in Context
3.4.1 Distribution of wealth in the Dominican Republic
3.5 HNWI Volume and Wealth Trends
4 Findings from the WealthInsight HNWI Database
4.1 Trends in HNWI Wealth to 2018
4.1.1 HNWI trend analysis
4.1.2 Wealth band trends
4.1.3 Demographic breakdown of HNWIs
4.1.4 HNWIs - breakdown by city
4.1.5 HNWIs - city performance
4.1.6 HNWIs - city population densities
4.1.7 HNWIs - city forecasts
4.1.8 HNWIs - breakdown by state
4.1.9 HNWIs - state performance
4.1.10 HNWIs - state population densities
4.2 UHNWIs
4.2.1 UHNWI volume trend analysis
4.2.2 UHNWI wealth trend analysis
4.2.3 Demographic breakdown of UHNWIs
4.2.4 UHNWIs - city breakdown and performance
4.3 UHNWIs - Centimillionaires
4.3.1 Centimillionaire volume trend analysis
4.3.2 Centimillionaire wealth trend analysis
4.3.3 Centimillionaire per capita net worth trend analysis
4.4 UHNWIs - Affluent Millionaires
4.4.1 Affluent millionaire volume trend analysis
4.4.2 Affluent millionaire wealth trend analysis
4.4.3 Affluent millionaire per capita net worth trend analysis
4.5 Core HNWIs
4.5.1 Core HNWI volume trend analysis
4.6 Core HNWIs - Mid-Tier Millionaires
4.6.1 Mid-tier millionaire volume trend analysis
4.6.2 Mid-tier millionaire wealth trend analysis
4.6.3 Mid-tier millionaire per capita net worth trend analysis
4.7 Core HNWIs - Lower-Tier Millionaires
4.7.1 Lower-tier millionaire volume trend analysis
4.7.2 Lower-tier millionaire wealth trend analysis
4.7.3 Lower-tier millionaire per capita net worth trend analysis
5 Analysis of Dominican Republic HNWI Investments
5.1 Analysis by Asset Class
5.1.1 Trends in alternative assets
5.1.2 Trends in art, wine and wheels
5.1.3 Trends of investments in real estate
5.1.4 Trends of investments in cash and deposits
5.1.5 Trends of investments in fixed-income
5.1.6 Investment trends in equity
5.1.7 Investments trends in business interests
5.2 Analysis of Foreign Investments
5.2.1 Investments in Europe
5.2.2 Investments in North America (including the US, Mexico and the Caribbean)
5.2.3 Investments in Asia-Pacific
5.2.4 Investments in Central and South America
5.2.5 Investments in the Middle East
5.2.6 Investments in Africa
5.3 Alternative Breakdown: Liquid vs. Investable Assets
5.4 Analysis of Dominican Republic UHNWI Investments
6 Competitive Landscape of the Wealth Sector
6.1 Competitive Landscape
6.1.1 Domestic banks
6.1.2 Foreign private banks
6.1.3 Acquisitions and Partnerships
6.1.4 Wealth managers
6.1.5 Financial advisors
6.2 Developments in the Dominican Republic Private Banking Industry
6.3 Wealth Management and the Private Banking Industry
6.3.1 The Dominican Republic's wealth management industry - clientele model and maturity
6.4 Behavioral Mapping of Wealth Management and Private Banking in Dominican Republic
7 Appendix
7.1 Tax Regulations
7.2 Key Drivers
7.2.1 DOP to US$ exchange rate
7.2.2 Real GDP growth
7.2.3 Per capita GDP
7.2.4 Domestic market capitalization
7.2.5 Commodity index
7.2.6 Foreign direct investment inflows and outflows
7.2.7 Inflation rate
7.2.8 Interest rate
7.2.9 Balance of payments
7.2.10 Government debt
7.2.11 Stock market performance
7.3 Wealth Breakdowns
8 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions
Table 2: Cities in Dominican Republic by Population (Volume), 2013
Table 3: Dominican Republic HNWIs - Volume Distribution (%), 2013
Table 4: Dominican Republic HNWIs - Wealth Distribution (%), 2013
Table 5: Dominican Republic HNWIs - Cities, 2013
Table 6: Dominican Republic HNWI Growth in Top Cities (Thousand), 2009-2013
Table 7: Dominican Republic HNWI Population Density in Major Cities (Thousand), 2013
Table 8: Dominican Republic HNWIs in Top Cities (Thousand), 2009-2018
Table 9: Dominican Republic HNWIs - Growth Rates for Top Cities (%), 2009-2018
Table 10: Dominican Republic Volume of HNWI by States (Thousand), 2013
Table 11: Dominican Republic HNWI State Performance (%), 2009-2013
Table 12: Dominican Republic HNWIs Population Density by State (Thousand), 2013
Table 13: Dominican Republic UHNWI Gender Performance (%), 2009-2013
Table 14: Dominican Republic UHNWI Sources of Wealth (%), 2013
Table 15: Dominican Republic Volume of UHNWIs in Top Cities, (Thousand) 2009-2018
Table 16: Dominican Republic UHNWI Growth Rates in Top Cities (%), 2009-2018
Table 17: Dominican Republic Centimillionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 18: Dominican Republic Affluent Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 19: Dominican Republic Mid-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 20: Dominican Republic Lower-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 21: Dominican Republic Allocations of HNWI Assets (%), 2009-2018
Table 22: Dominican Republic HNWI Holdings Growth (%), 2009-2018
Table 23: Dominican Republic HNWI Alternative Asset Composition (%), 2009-2018
Table 24: Dominican Republic HNWI Trends of Investments in Alternative Assets (%), 2009-2018
Table 25: Dominican Republic Trends in ‘Art, Wine and Wheels', 2009-2013
Table 26: Global Prime Real Estate Prices per m2 (US$), 2013
Table 27: Dominican Republic HNWI Foreign Investment Allocations (%), 2009-2018
Table 28: Dominican Republic HNWI Liquidity Breakdown (US$ Billion), 2009-2018
Table 29: Dominican Republic HNWI Liquidity Breakdown (%), 2009-2018
Table 30: Dominican Republic UHNWI Allocations and Share of HNWI Assets (%), 2013
Table 31: Leading Domestic Banks in Dominican Republic by Total Local Assets (US$ Million), 2013
Table 32: Leading Foreign Private Banks in Dominican Republic by Local AuM (US$ Million), 2013
Table 33: Leading Wealth Managers in Dominican Republic, 2013
Table 34: Dominican Republic Wealth Management Industry - Recent Deal Activity, 2013
Table 35: Dominican Republic Income Tax Bands (DOP), 2013-2014
Table 36: Dominican Republic: DOP per US$ Exchange Rate, 2009-2018
Table 37: Dominican Republic Real GDP Growth (%), 2009-2018
Table 38: Dominican Republic GDP per Capita (US$), 2009-2018
Table 39: Dominican Republic Domestic Market Capitalization (US$ Billion), 2009-2013
Table 40: Dominican Republic Commodity Indices, 2009-2018
Table 41: Dominican Republic Foreign Direct Investment (US$ Billion), 2009-2018
Table 42: Dominican Republic Inflation Rate (%), 2009-2018
Table 43: Dominican Republic Money Market Rate (%), 2009-2018
Table 44: Dominican Republic Balance of Payments (US$ Billion), 2009-2013
Table 45: Dominican Republic Government Debt as a Percentage of GDP, 2009-2018
Table 46: Dominican Republic Stock Market Performance, 2009-2013
Table 47: Dominican Republic HNWI Wealth vs. GDP Ratio, 2009-2018
Table 48: Dominican Republic - Appendix One
Table 49: Dominican Republic - Appendix Two

List of Figures

Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of Dominican Republic
Figure 3: Dominican Republic Asset Price Performance (%), 2009-2013
Figure 4: Dominican Republic HNWI Performance (US$ Billion and HNWI Volume), 2009-2018
Figure 5: Dominican Republic vs. Global HNWIs (%), 2009-2018
Figure 6: Dominican Republic HNWIs - Growth Factor Correlation, 2009-2013
Figure 7: Dominican Republic HNWIs - Wealth Pyramid (Volume Distribution), 2013
Figure 8: Dominican Republic HNWIs - Wealth Pyramid (Distribution), 2013
Figure 9: Dominican Republic HNWIs - Age Distribution (%), 2013
Figure 10: Dominican Republic HNWIs - City Performance (%), 2009-2013
Figure 11: Dominican Republic HNWIs - Volume of HNWIs by City (Thousand), 2009 and 2013
Figure 12: Dominican Republic HNWIs - City Forecasts (%), 2014-2018
Figure 13: Dominican Republic Volume of HNWIs by City (Thousand), 2014-2018
Figure 14: Dominican Republic UHNWI Wealth Share vs. Volume Growth (%), 2009-2013
Figure 15: Dominican Republic UHNWI Volume by Wealth Band (Thousand), 2009-2018
Figure 16: Dominican Republic UHNWI Wealth by Wealth Band (US$ Billion), 2009-2018
Figure 17: Dominican Republic Centimillionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Figure 18: Dominican Republic Affluent Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Figure 19: Dominican Republic Mid-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Figure 20: Dominican Republic Lower-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Figure 21: Dominican Republic HNWI Asset Class Composition (%), 2009-2018
Figure 22: Dominican Republic HNWI Trends in Alternative Assets (US$ Billion), 2009-2018
Figure 23: Dominican Republic Trends in ‘Art, Wine and Wheels', 2008-2013
Figure 24: Dominican Republic HNWI Foreign Investment Allocations and Growth (%), 2013
Figure 25: Dominican Republic HNWI Global Distribution of Foreign Investments (%), 2009-2018
Figure 26: Dominican Republic HNWI Liquidity Breakdown (%), 2009-2018
Figure 27: Dominican Republic UHNWI Asset Class Composition (%), 2009-2018
Figure 28: Wealth Management Industry - Maturity Level of Operators, 2014
Figure 29: Wealth Management Industry - Behavioral Mapping, 2013
Figure 30: Dominican Republic: DOP to US$ Exchange Rate, 2009-2018
Figure 31: Dominican Republic Real GDP Growth (%), 2009-2018
Figure 32: Dominican Republic GDP per Capita (US$), 2009-2018
Figure 33: Dominican Republic Domestic Market Capitalization (US$ Billion), 2009-2013
Figure 34: Dominican Republic Commodity Indices, 2009-2018
Figure 35: Dominican Republic Foreign Direct Investment (US$ Billion), 2009-2018
Figure 36: Dominican Republic Inflation Rate (%), 2009-2018
Figure 37: Dominican Republic Money Market Rate (%), 2009-2018
Figure 38: Dominican Republic Balance of Payments (US$ Billion), 2009-2013
Figure 39: Dominican Republic Government Debt as a Percentage of GDP, 2009-2018
Figure 40: Dominican Republic Stock Market Performance, 2009-2013
Figure 41: Dominican Republic HNWI Wealth vs. GDP Ratio, 2009-2018
Figure 42: Dominican Republic HNWIs - Volume by Wealth Band, 2009-2018
Figure 43: Dominican Republic HNWIs - Wealth by Wealth Band (US$ Billion), 2009-2018
Figure 44: Dominican Republic HNWIs - Wealth per Capita (US$ Million), 2009-2018

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
UK Wealth Report 2016

UK Wealth Report 2016

  • $ 4995
  • Industry report
  • September 2016
  • by WealthInsight

Synopsis This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in UK. Summary This report reviews the performance ...

Italy Wealth Report 2016

Italy Wealth Report 2016

  • $ 4995
  • Industry report
  • September 2016
  • by WealthInsight

Synopsis This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Italy. Summary This report reviews the ...

Malaysia Wealth Report 2016

Malaysia Wealth Report 2016

  • $ 4995
  • Industry report
  • October 2016
  • by WealthInsight

Synopsis This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Malaysia. Summary This report reviews ...

Switzerland Wealth Report 2016

August 2016 $ 4995

Netherlands Wealth Report 2016

September 2016 $ 4995

France Wealth Report 2016

September 2016 $ 4995

China Wealth Report 2016

November 2016 $ 4995

Russia Wealth Report 2016

November 2016 $ 4995

Hnwi Asset Allocation 2020

October 2016 $ 3800

ref:plp2014

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.