The survey indicated that many major wealth management firms had introduced new independent channels or were considering creating a new independent distribution channel to stem the tide of their financial advisors going independent.
Customised human-machine collaborations are perhaps the only answer for serving the wealth management needs of a large population that lives and thrives in India’s numerous towns and villages.
The recent IIFL Wealth-Wealth X report says that HNIs reckon the best place to book returns right now is investment funds, followed by equities and fixed income
Investors have lost a bit of confidence in the under-construction residential segment
Parents can use the occasion of Children’s Day as an opportunity to let their children practice money management.
The fund has allocated 65.42% of the total corpus to equity, 17.06% to debt, and 17.5% to cash as on September 29th, 2018.
WGC Wealth will be offering investments, lending, succession, planning and protection services for investors in India.
It is a common misconception that the family offices are more risk taking in general. Ultra high networth families have equal focus on wealth preservation and wealth creation like any other common investor, says Randev
SBI already has a Rs 200-crore fund to empower startups in this space. Last year, the public sector bank had also opened a startup branch, InCube, in Bengaluru.
On February 17, Anand Rathi Wealth Management acquired Religare‘s interests in Wealth Management Business. Combined assets under management (AUMs) to cross Rs 13,500 crore after the deal is completed.
Havells India Ltd is one of India‘s leading fast moving electrical goods manufacturers producing a wide range of world class industrial and consumer electrical products. NSE FinWiz along with CNBC-TV18 visited the headquarters of Havells in Noida to understand the thoughts and notions of their employees on wealth management and financial planning.
NSE FinWiz goes to Capgemini, one of the world's leading consulting technology and outsourcing service providers, along with the experts to gauge the thoughts and notions of the employees on financial planning and wealth management with the theme 'Dream comes true'.
NSE FinWiz visited the Exide Industries' Hosur plant with the experts to understand the employees' views on financial planning and wealth management with the theme Dreams Come True.
NSE FinWiz visited the headquarters of BASF in Thane with the experts to understand the employees' views on financial planning and wealth management with the theme Dreams Come True.
Leaving one‘s inheritance unplanned is like leaving one‘s hard earned money to fate as it may or may not end up being what the deceased would have desired in terms of distribution had he or she been alive
In this episode of NSE Finwiz Season 4, Gaurav Mashruwala, a Certified Financial Planner and Gajendra Kothari, MD and CEO at Etica Wealth Management spoke to the young professionals of UltraTech, Mumbai and spoke to them about the importance of wealth management.
In this episode of NSE Finwiz Season 4, Kalpesh Ashar, CFP and Founder at Full Circle FPA and Mehrab Irani, GM â€“ Investments at Tata Investment Corporation spoke to the young professionals of Syntel, Chennai and spoke to them about why wealth management is essential for the young generation.
"While we have increased our business volumes, asset mobilisation and client addition, we also improved our market share in some of our businesses," the firm's Chairman and Managing Director Motilal Oswal said in a statement.
Watch the interview of Anil Chopra - Group CEO & Director, Bajaj Capital with Surabhi Upadhyay on CNBC-TV18, in which he shared his readings and outlook on how to plan your tax.
Financial services firm IIFL posted a decent set of earnings, with third quarter net profit rising 13 percent year-on-year.
Watch the interview of Pankaj Mathpal, Optima Money Managers with Sumaira Abidi on CNBC-TV18, in which he shared his views on how to embrace volatility and thereby protecting and boosting your portfolio.
Gaurang Shah, President Asset Management, Insurance and International Business, Kotak Mahindra Bank, said, "It is a momentous occasion for us at Kotak Mahindra Group to receive the licence on the eve of our 30th anniversary."
Marwah was previously with ICICI Prudential Asset Management Company as head of international business and was responsible for expanding the firm's global presence, a statement said.