Wealth Management Business

Strong business fundamentals and visibility of earnings growth justify the rich valuation

360 ONE Wealth delivers a healthy Q1, what holds next?

Earnings visibility remains strong, and growth from inorganic expansion holds the potential to surprise positively

RBL Bank appoints Yes Bank's Sanjiv Roy to head wealth management business

The bank is also exploring opportunities to partner with a few wealth management companies to start the operations, sources told Moneycontrol

Quick Take - What will the collaboration with UBS mean for 360 ONE?

The deal will make 360 ONE an invincible player in India’s wealth management industry

360 ONE Wealth: Organic growth drives Q3 earnings, inorganic growth to solidify market position

The acquisition of B&K Securities will enhance research, advisory, and execution capabilities of 360 ONE WAM

Ionic will be ready to go live soon: Srikanth Subramanian, co-founder and CEO, Ionic Wealth (By Angel One)

Srikanth Subramaniantalks about his target customer base which is the Rs 1 – 50 crore income bulge and how the company wants to be a 'co-founder' to them in the process of wealth creation

360 ONE Wealth posts strong Q2, best proxy for rising affluent class

Management gave clarity on the key concerns that include exit of Anirudha Taparia, co-founder and co-CEO, the fall in retention rates and a scenario of equity markets staying flat or drifting downwards

360 ONE Wealth – strong start to FY25

The sharp rise in transactional income is a key driver of profit

360 ONE Wealth – strong finish to FY24

The annuity kind of business makes the company an attractive proposition even at the current valuation

360 ONE Wealth – This proxy for capital markets is at a vantage point

The company is investing in high opportunity new business segments

Angel One ropes in Kotak Mahindra Bank arm executives to launch wealth management business

Srikanth Subramanian, the former chief executive of Kotak Cherry, will be the co-founder and chief executive of Angel One Wealth, an official statement said.

Weekly Tactical Pick: Why should you pick this wealth manager?

360 One Wealth’s business model has become more resilient to regulatory changes, moving from a distribution-based model to an advisory-based one. With the key focus on alternative assets, exposure to MF AUM is very small

What makes 360 ONE Wealth a suitable stock to bet on?

The leading wealth manager in the country with assets under management, advisory and distribution amounting to Rs 274,243 crore as of end FY23 has seen favorable business transition and improved financials

Anand Rathi Wealth Q3 makes a mark, can it keep the sparkle?

The big question on investors mind is whether they can place fresh bets on this newly listed mid-sized wealth firm

Wealth management business to grow 17-18%: Sanctum Wealth

"The long-term growth story of India is intact despite demonetisation and there will be other cross current developments over the next 5-6 months. We are projecting 17 to 18 percent growth," Sanctum Wealth Management founder and CEO Shiv Gupta told PTI.

UBS India gets new CEO for wealth management

Swiss bank UBS today said it has appointed Oscar Balcon as the chief executive for its wealth management business in the country. Balcon, who has spent 28 years with the banking major, has been relocated from Singapore, it said in a statement.

HSBC on talent hunt; Aims to boost branch presence locally

Global banking major HSBC is expanding its footprint in Asian economies with India being one of its key markets. CNBC-TV18's Vidhi Godiawala spoke exclusively to HSBC's Asia Pacific chief executive, Peter Wong and discussed with him their growth strategy as well as their foray into Asia, especially, India.

UBI to launch wealth management business in FY12

State-run Union Bank of India is scouting for partners for its wealth management business, which it plans to launch in FY12, a senior official told Reuters on Thursday.