|By PR Newswire||
|January 17, 2013 06:18 AM EST||
NEW YORK, Jan. 17, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Wealth creation, GDP growth, and initial public offerings of Brazilian firms are driving the Brazilian wealth management industry and interest is high from both domestic players looking to enhance their position in the market, and foreign players looking to diversify. Here Datamonitor Financial takes an in-depth look at the competitive scene in Brazilian wealth management.Understand the market through analysis of different business models and how they derive income.Analyse the current recruitment situation for private bankers and average salaries.Interpret competitive trends in the market through a breakdown of M&A, organic growth and partnerships developments.Assess your competition through detailed profiles of notable players, including the customer targeting, marketing and product strategies they employ.The integrated private banking units of universal banks hold considerable market share in the domestic wealth management market. Wealth management firms are more numerous, but it is the integrated private banks that lead the market. Independent brokerage firms offering direct and online trading to the retail market are also plentiful.There has been little M&A activity in the Brazilian wealth management market in the last 18 months. Foreign firms have encountered strong competition from local firms and red tape has stalled activity. Organic growth in Brazil has also been muted as São Paulo and Rio de Janeiro remain the key centers for wealth management.Participants in the Brazilian wealth management industry operate one of three different business models: an integrated private bank, an asset manager, or a brokerage. Competitors profiled include: Bradesco Private Bank, Lerosa Investimentos, Santander Private Banking and Verus Gestão de Patrimônio.What business model is most prominent in the Brazilian wealth management industry?How easy is it to recruit relationship managers and what are they paid?What are foreign and domestic players doing to access the Brazilian affluent population?What strategies are my competition employing to win and keep affluent clients?
•The Brazilian domestic wealth market is served by a range of players but universal banks hold the majority of the market - The majority of high net worth client assets are held in integrated private banks
- Wealth management firms dedicated solely to asset management are numerous
- Independent brokerage firms offering direct and online trading to the retail market are plentiful
•Minimum investment thresholds vary across the business models - Brokerages target the mass affluent population with $250,000–500,000 in minimum investments
- Wealth management firms are not subject to a client minimum investment capacity classification but global standards apply
- Private banks target clients with over BRL3m ($1.5m) in investable assets
- Multi-family offices target those with $10m in investable assets
•The offshore market is led by universal banks but regional firms are entering the market
•Key factors shaping the competitive environment in Brazil - The regulatory environment in Brazil favors no business model over another
- Different business models require different certification from Brazilian regulatory bodies
- The majority of Brazilian wealth managers derive income from assets under management and pay their relationship managers a bonus based on profitability
•Inward M&A activity has not been as buoyant as some expected - Foreign firms have encountered strong competition from local firms and red tape has stalled activity
- Some foreign firms have retreated or remained offshore to serve Brazilian clients
•Organic growth in Brazil has also been muted as São Paulo and Rio de Janeiro remain the key centers for wealth management
KEY COMPETITORS•The integrated private banks dominate the Brazilian wealth management market
•Key competitors in depth - Bradesco Private Bank
- Lerosa Investimentos
- Santander Private Banking
- Verus Gestão de Patrimônio
•Definitions - Affluent
- Mass affluent
- High net worth (HNW)
- Liquid assets
•Methodology - Overall methodology
•Ask the analyst
•Table: Market participants profiled in this report
•Table: Firms operating "private banking" units follow the universal or investment banking model
•Table: Wealth management activity is led by asset managers and family offices
•Table: Brokerage houses offer a mixture of execution-only and managed services
•Table: Different business models have different regulatory requirements
•Table: Foreign firms have favored local acquisitions over organic growth in Brazil
•Table: Key competitors by business model
•Table: Key facts: Bradesco Private Bank
•Table: Key facts: Lerosa Investimentos
•Table: Key facts: Santander Private Banking
•Table: Key facts: Verus Gestão de Patrimônio
•Figure: Specific business models lead different parts of the Brazilian market
•Figure: The number of private banking professionals with the CFP qualification is rising
•Figure: Remuneration in Brazil is high when compared to other high growth wealth markets
•Figure: Brazilian relationship managers earn a bonus based on profits
•Figure: The central-western and northern regions are a rising opportunity for local and foreign wealth managers
•Figure: Bradesco Private Bank sits within Bradesco's retail unit but benefits from other units as well
•Figure: Bradesco targets both the mass affluent and HNW markets
•Figure: Bradesco as a group is very active in social media but its private bank maintains a low profile
•Figure: Lerosa has diversified from a pure brokerage since its launch in 1967
•Figure: Santander Private Banking sits within the commercial banking unit of Santander Brazil
•Figure: Santander awards affluent customers with exclusive services but there is a large gap between the mass affluent and HNW propositions
•Figure: The Santander Unlimited MasterCard Black offers numerous benefits
•Figure: Santander has a large social media presence but its private banking unit remains unconnected
Admiral Group plc, Banco Central do Brasil, Banco Santander, S.A., Bank of America Merrill Lynch, BNP Paribas SA, Hutchison 3G UK Limited, LVMH Moet Hennessy Louis Vuitton SA, Nielsen Holdings N.V., Sudzucker AG
To order this report:
Email: [email protected]
Intl: +1 805-652-2626
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Aug. 28, 2016 06:30 PM EDT Reads: 1,596
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Aug. 28, 2016 06:00 PM EDT Reads: 1,910
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 28, 2016 03:00 PM EDT Reads: 735
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Aug. 28, 2016 01:45 PM EDT Reads: 3,649
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 28, 2016 01:00 PM EDT Reads: 2,414
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Aug. 28, 2016 11:30 AM EDT Reads: 1,952
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Aug. 28, 2016 11:00 AM EDT Reads: 3,120
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Aug. 28, 2016 11:00 AM EDT Reads: 693
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Aug. 28, 2016 10:45 AM EDT Reads: 852
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Aug. 28, 2016 10:30 AM EDT Reads: 4,022
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Aug. 28, 2016 02:00 AM EDT Reads: 1,789
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Aug. 28, 2016 01:30 AM EDT Reads: 2,128
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Aug. 28, 2016 01:00 AM EDT Reads: 2,978
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 28, 2016 12:15 AM EDT Reads: 1,845
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Aug. 27, 2016 08:45 PM EDT Reads: 2,377
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Aug. 27, 2016 12:45 PM EDT Reads: 2,369
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Aug. 27, 2016 02:30 AM EDT Reads: 2,045
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Aug. 25, 2016 05:15 PM EDT Reads: 866
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Aug. 25, 2016 01:00 PM EDT Reads: 2,682
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Aug. 25, 2016 08:45 AM EDT Reads: 2,203