There are a number of wealth management companies which have developed in India over time. These companies are continuously working with financial strategies and are trying to improve the economic position of the country. If observed through a graphical representation, these wealth management companies have witnessed a lot of economical development throughout. This is the reason why the government is taking a lot of interest in appointing the wealth management team. They are generally highly qualified chartered accountants, investment bankers or financial managers who have a specific knowledge about the system of management and who can take care of the financial issues of the country.
Here is the list of top ten wealth management companies which have managed to remain in this list by using their incredible financial strategies.
Centrum Wealth Management
Centrum Wealth Management started their journey from the year 2008 as a non-governmental organisation. It is registered at the Registrar of Companies which is in Mumbai. The company has come a long way and the period of journey has witnessed their ultimate achievement in the business world. Some mentions should be made of the persons who have put their dedication and hard work to stabilise the position of the company. The directors of Centrum Wealth Management are Ghanashyam Sethu Rathinam, Subhash Gundappa Kutte, Arpita Vinay, Rajesh Virendra Nanavaty, Deepa Fali Poncha, Sandeep Koni Nayak and Ankit Vikram Paleja. In the present day, the company’s total capital share amount in the market is Rs. 200,000,000. In a recent meeting, which was organised in the year 2016, the company has also got into various financial assignments which are going to fetch more popularity to the company.
IIFL Private Wealth Management
IIFL Private Wealth Management can be called as a multi-tasker in the case of the management of financial issues. They have frequently remained in the news in the recent past due to their wide variety of investment services for their clients. They have appointed financial advisory experts who guide the clients throughout and help them to make a final decision regarding the investment. Yatin Shah, Amit Shah, Balaji Raghavan, Anirudha Tarapia, Karan Bhagat, Pravin Bhalerao and many others. They also have online facilities and have also developed an application for the convenience of their customers.
Kotak Wealth Management
Kotak Wealth Management has witnessed most success in the field of wealth management. They offer a variety of solutions for their clients. They have experienced a long run of twenty nine years in the course which they have witnessed success in the field of financial investments. They have also achieved several awards and recognitions in this field for providing best bespoke wealth planning, best family office service, equity portfolio management and best corporate advisory for private banking clients.
Citibank offers the best facilities and offers especially for family investment purposes like investment for the education of the child, retirement investment planning and many others. The advisors are well trained and are always there to support the clients and make them aware of the various risk factors and benefits which are involved with the various investments.
Julius Baer and Barclays Wealth
Julius Baer has emerged as the country’s most influential and potential of all the bidders for the private wealth business of the Barclays Asian. Barclays success in the investment world has further strengthened the position of Baer. It is serving the various investment needs of the clients since a long period of time through its various deals and offers.
Sanctum Wealth Management
Sanctum Wealth Management generally offers long-term investment deals which have been framed strategically by the experts to fulfil the ambitions and goals of the clients in the upcoming future. Their system is very simple and can be easily explained and understood by the clients. It has been observed that most of the people prefer Sanctum Wealth Management to any other because of its superior dealings and services.
ICICI Asset Management Company
ICICI Prudential has maintained its position as the country’s one of the largest management company regarding the assets. Over the years, it’s main aim has been to fill up the gap between the investments and the savings especially in the case of long term investments. The most important feature of ICICI have been to provide the best solutions be it regarding business or personal matters.
Reliance Asset Management Company
Reliance Asset Management Company is ruling the investment industry through its various financial investment factors and deals. The present net worth of the company is around Rs.16,548 crore. Reliance Capital has spread itself in several fields such as commercial finance, mutual funds, asset management, life insurance, private equity and in many other financial fields. Presently, Anil Ambani is holding the position of the chairman of the Reliance industries and Amitabh Jhunjhunwala as the Vice Chairperson.
HDFC Asset Management Company
HDFC is one of the private
investment management company. This is the most popular firm which handles portfolios and equity. For several years, it is serving its clients with the best investment deals and funds. The staffs appointed by the company are trained experts who have a great experience in making the analysis. This investment management company found its roots in the year 1999 on December 10 in Maharashtra. It also has its branches in several places throughout the world. It’s main objective has been to operate Brand Capital, Housing Development Finance Corporation and Investments in different parts of the country.
UTI Asset Management Company
UTI or Unit Trust of India is a renowned legal financial organisation of the country. It was officially set up by the Indian Parliament on December 30 by following the guidance of Col. Akash Behl. Though the management company failed to gather the interest of the common public and had to continue its investment processes solely under the Indian government. The first ever competitor of Unit Trust of India was SEBI during the year 1993 when it issues the MF Regulations. It has its headquarters in Mumbai in the state of Maharashtra and several branches in different countries such as Japan, Singapore, London and Dubai. As a government investment company, it has earned much respect from the clients throughout the country.
March 14, 2013