Top 10 Leaders in Wealth Management - 2022

Increasing economic prospects, transpired by the rising affluence of positive demographics has emerged as one of the defining factors leading to the growth of wealth management landscape in India. With the upliftment of strong emerging markets, increase in the number of high-net-worth individuals (HNIs), digitization, and increased internet penetration, the industry is unleashing new opportunities for key developments ahead in the wealth management space, globally. According to the recent reports, where the wealth management market was evaluated to be $475.9 billion in 2020, growing at a CAGR of 4.8 percent since 2015, it is projected to become a $730.7 billion size market by 2025, growing at a CAGR of nine percent. However, the predictions don’t limit here, but state that this dynamic industry will be growing further at a CAGR of 8.8 percent from 2025 and reach $1,116.1 billion in 2030.

Backed by technology, transforming from a one size fits all model, the industry has become the prime driver of businesses today, providing each with a more customized offering that suits everyone’s requirements, be it new generation of Millennials or Gen Z or MSMEs/ SMBs figuring out their future investment or expansion plans. The wealth management leaders, today, ensure to substantially serve their clients, through a blend of physical (human advisory) and digital (robo advisory and hybrid), on financial subjects like, Asset Management (equity, fixed income and alternative assets and others), Financial Planning (specific short term and long-term goals), Tax Planning, and Estate Planning, and more, It is their unique experiences and strategic financial skills inculcated over time that helps craft a fecund investment plan. However, the market is highly competitive due to regulatory, intense price competition, and other infrastructure challenges, thence to discover a maestro can seem a daunting task.

Simplifying this difficulty of the people out there, and proving that such doyens do exist in the industry, CEO Insights Magazine along with an expert panel comprising of industry leaders, veterans, automotive industry professionals, and investors together has shortlisted 10 names from the Wealth Management Industry who are bringing positive change in the industry. In the current edition of CEO Insights `Top 10 Leaders in Wealth Management - 2022', we bring to you the story of their passion, compassion, commitment, intellect, struggle, failure and most importantly, their success. Hope the list meets its purpose of existence and inspires many to step in the industry to strengthen the wealth management ecosystem in the country.