World Wealth Report

It’s that time of year where Capgemini and Merrill publish their annual World Wealth Report. It’s mostly a fluff report, but I like to look through it for several reasons.
1. See the geographic distribution of the declared wealth
2. Their definition of a High Networth Individual (HNI) and Ultra High Networth Individual (UHNI). An HNI is someone with over USD 1 million in assets, to be declared an Ultra High Networth individual your assets have north of USD 30 million. Once you reach that number, every private banker is going be calling you.
3. Asset allocation for a portfolio. It’s stupid to have ALL your money in one vehicle.

Download a copy of the report in PDF.