Top 10 Wealth Management Advisors - 2020

The wealth management industry in India is growing rapidly mainly because of two reasons – changing regulatory environment and increasing competition. Also, there is a rise in the number of Indians and High-Net-Worth Individuals (HNWIs) who are joining the millionaires club and for them wealth management has become a dire need. Wealth Management is basically investment advice or assistance to manage a person’s financial life. These services are offered to clients in packages to provide benefits with two main goals, growth and safety of their existing investment. Observing the growth rate as well as the vast opportunities in the industry, many big names are now looking to setup their wealth management division in India. Also among the existing business houses that have been into financial services are looking to expand their business lines into wealth management. Currently, the Indian wealth managers are addressing a market with Rs.100 lakh crore ($1.5 trillion) of investible wealth, which is expected to double in the next five years. It’s already almost equal to the total savings bank deposits in the country. What’s emerging in this business are three distinct trends the growing complexity of clients’ demands, the new sectors and the cities that are birthing the wealthy, and the growing sophistication of financial instruments into which money is being deployed. With all these factors, the industry is already set to witness huge & continuous growth in the coming future. Addressing to this fast paced and growing industry, CEO Insights brings to you the ‘Top 10 Wealth Management Advisors - 2020’, a directory listing the companies which are offering exemplary services in the industry. An expert panel encompassing the industry leaders along with CEO Insights Editorial Board has performed a diligent evaluation of the industry before listing the front-runners. The organizations listed here have distinguished themselves through successful ideation and implementation of practical ideas that complement the market requirements as well as cater to the end customers. This listing will assist our readers in selecting well-suited organizations that will not only help understand the nuances, but also help simplify the approach to such services.