Crestone: 2021 State of Wealth Report

Published 15 December 2021

The goals of Australia’s wealthy have not changed but 2020 has been a lesson for many.

Crestone’s inaugural 2019 State of Wealth Report revealed that high net-worth (HNW ) individuals are not always sophisticated investors, often classified as risk-adverse risk takers and have typically focused on retirement and succession goals. This year’s edition of the report has seen all of these points to be true.
However, there are a few caveats.

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This year’s research has seen dramatic shifts in key areas.

The COVID-19 pandemic led to many revaluating their situation and we’ve seen changes in investing behaviour and wealth management. There is a bigger focus on:

  • Diversification
  • Philanthropy
  • Sustainable investing
  • increased uptake of professional financial advice.

For the latest insights on Australia’s high net worth individuals (HNWIs) and ultra-high net worth individuals (UHNWIs), complete the form below.

To download the report click below.

CoreData Clients

CoreData Clients are studies that were undertaken with the help of CoreData Research. These research cover a broad range of topics.

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