Wealth-X, LLC

Wealth-X, LLC is a data analytics firm that specializes in providing insights focused on high-net-worth and ultra-high-net-worth individuals, serving private companies and financial institutions to enhance client engagement. Founded in 2010, Wealth-X, LLC operates out of New York, US, delivering analytics on affluent individuals to its clients. The company was recently acquired by Euromoney Institutional Investor in November 2019 for USD 20. 4 mn.

Wealth-X has completed a total of 2 deals to date. Wealth-X specializes in providing data-driven insights and analytics focused on high-net-worth individuals and ultra-high-net-worth individuals, catering primarily to private companies, financial institutions, and wealth management firms. The company's core products include Wealth-X API, Wealth-X Diligence, and Wealth-X Screening, which are designed to enhance client relationship management by delivering comprehensive profiles, wealth metrics, and targeted marketing strategies. Wealth-X's offerings enable users to identify and engage with affluent individuals, facilitating effective decision-making in client acquisition and retention.

These products are utilized across multiple geographical markets including North America, Europe, and Asia-Pacific, ensuring a broad reach to clients seeking to optimize their engagement strategies with wealthy individuals. Wealth-X operates primarily through a subscription-based revenue model, where clients access its suite of products for a recurring fee. The company structures its transactions around B2B partnerships, aligning with wealth management firms and financial institutions that require detailed insights into affluent client bases. Clients engage with Wealth-X's services on a tiered pricing basis, allowing for varying levels of access to data and analytics depending on the specific needs of the business.

This approach enhances client retention and expands the potential for additional services tailored to meet the evolving demands of the financial sector. Wealth-X's flagship services, such as Wealth-X Diligence, provide critical insights essential for informed decision-making in investment and client relationship management. With the acquisition by Euromoney Institutional Investor, Wealth-X is positioned to explore the launch of new products aimed at enhancing its analytics capabilities, although specific release dates have not been disclosed. The company plans to expand its reach into new markets, particularly targeting regions in Europe and Asia-Pacific, by the end of 2023.

The funding from the recent acquisition will be utilized to bolster these initiatives and enhance product offerings, ensuring Wealth-X continues to meet the needs of its client base.