Financial Services
Rising Financial Wealth Management Market in India
29 Sep 2021
Wealth management services in India is still at a nascent stage. Traditionally, wealth management companies have focused on high-net-worth individuals (HNI) with net assets of = US$ 1 million and ultra-high-net-worth individuals (UHNWI) with net assets of = US$ 30 million. The HNI and UHNWI groups in India have witnessed significant growth in the last decade and this is a demand driver for wealth management services.