NEW YORK, June 27, 2007 Driven by a strong global economy, the wealth of the world's high-net-worth individuals (HNWIs - Individuals with net assets of at least U.S. $1 million, excluding their primary residence and consumables) increased 11.4 percent to US$37.2 trillion in 2006, according to the 11th annual World Wealth Report, released today by Merrill Lynch (NYSE: MER) and Capgemini. The number of HNWIs in the world increased 8.3 percent in 2006 to 9.5 million and the number of ultra-high-net-worth individuals (Ultra-HNWs - Individuals with net assets of at least U.S. $30 million, excluding their primary residence and consumables) grew by 11.3 percent to 94,970.
My dear Financial Consultants, Planners and Investors, are you a HNWI or Ultra-HNWI? If you belong to either class, I congratulate you. If you are not yet among these people, I leave it to yourself to reflect.
The world is moving constantly as we sleep, relax and work. The world since creation has never stop changing from the east to west, north to south. With the aid of Information Technology and Tele-Communication Infrastructure, people across the globe change and increase their competitive edge and wealth every second. Are you one of them? Are you with the flow or are you still a spectator?
Lets reflect on SwissCash. More than two years ago, we started this financial platform; we focused in Asia, Europe and Latin America. Now we have consultants, planners and investors in more than 200 countries across the globe. We are already running funds that go into billions. From SIP15300, we improved to SIP25. We launched EMF with enormous success and our latest product ACF is nothing less than brilliant.
We continuously work on solutions to issues in developing countries; in some we succeed and some are still pending but we move on and continue to grow. I want to remind you that this financial platform is a truly global brand with no limitation but yourself.I urged you to reflect on whether you are or want to be a HNWI or Ultra-HNWI. Are you already among the Top-9.5 million people or Top-94,970 people in the world? What is your next action plan? When will you execute your plan? Where and who is your target market? How will you achieve your financial goals? Why are you doing all thisis it for yourself, for your retirement plan, for your family or for personal satisfaction? What kind of legacy you want to build together with SwissCash?
Forgive me for putting all these facts and figures into your brain. My goal is to remind you that life is a never-ending journey. New objectives, targets and visions need to be set, reflected on and redefined from time to time. Update your resolution to grow with SwissCash. We foresee SwissCash entering a phase of rebranding and launching of new financial products in the coming months that will further enhance our image as a global financial platform. I want you to start preparing for this upgrade. I want you to be part of it. I want you to feel excited from now onwards. I want you to be our greatest ambassador. I want you to feel proud that you are building your own legacy in SwissCash.
Remember that each journey of a thousand miles starts with a baby step.
Michael Mansfield
Chief Financial Officer of SwissCash International
July 2007
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