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Press Release: HNWI population in the top ten U.S. metropolitan statistical areas increased by 7.3% in 2010. New York, Los Angeles, and Chicago ranked highest on the list for number of HNWIs and Houston recorded the highest total growth in HNWI population.

Key Findings from the 2011 U.S. Metro Wealth Index

Capgemini’s 2011 U.S. Metro Wealth Index monitors the population of high net worth individuals (HNWIs) within the top ten United States metropolitan statistical areas (MSAs). This year, key findings include:

• The population of HNWIs in the top ten MSAs increased 7.3% in 2010, showing modest growth compared to 2009, when growth reached 17.5% after a steep decline in 2008.
• HNWI population in nearly all MSAs surpassed the respective 2007 pre-crisis levels. The continued rise in U.S. equity and commodity markets was an important contributor to the increase in HNWI population.
• Houston had the highest growth rate in its HNWI population at 9.6%. This growth in 2010 pushed Houston into the number eight spot past Detroit and represents the second year in a row Houston has climbed the ranks in the Index.

The Results

Leveraging Capgemini’s custom market sizing modeling capability, the U.S. Metro Wealth Index helps wealth management firms understand the scale and potential of different U.S. markets to spot new growth opportunities or adjust an existing footprint.

Click the map below to view full results.

Learn More

For the complete story on global wealth trends:

• Read the World Wealth Report 2011 for key trends that affect high net worth individuals (HNWIs) around the globe.
• Look for the launch of the Asia Pacific Wealth Report 2011 this fall. View last year’s Asia Pacific Wealth Report 2010.
• Get customized International Market Sizing and US-City Market Sizing using our proven models.