The Right Direction To Wealth Management

The Indian wealth management market is expected to grow at a CAGR of around 11 percent by 2025, states Techsciresearch. The growing adoption of innovative tools and solutions by individuals to manage their finance will play a major role in this growth. On the other hand, India is witnessing a consistent rise in the HNWI population, which is also adding up to the growth of this sector. Deep penetration of internet and the growing young population of the country that now focuses on saving for their future is also on a constant rise.

Looking at this growth, the demand for wealth management consultants are also witnessing a consistent rise. However, the experts need to deal with huge behavioral challenge of the new generation buyers/investors. On the other hand, the wealth management consultants have to deal with the technological advancement like robo advisors, and changing regulatory requirements in the wealth management. However, despite of using technological solutions to serve their customers, the wealth management consultants have to provide customized services and win their trust by going those extra miles to ensure their clients' money is in safe hands.

Understanding the need of the hour, we have shortlisted and featured some of the most promising names from the wealth management consulting industry in our current edition of `10 Most Promising Wealth Management Consultants ­ 2020'. Read to know about their story and their offerings.

Do let us know what you think!