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.
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