Economic TimesLean R·
India's crorepati list is growing but the problem is who will manage their money
India's ultra-rich population is rapidly increasing, creating a significant advisory gap. The number of wealthy individuals has grown substantially, demanding more skilled wealth managers. This shortage is driving up costs and competition for experienced financial advisors. Firms are investing in technology and talent to manage this expanding client base. The wealth management sector faces challenges in matching growth with quality of advice.
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