Wealth management firms are expanding their footprint beyond the tier-I cities as high net worth individuals (HNIs) in smaller cities look to diversify their portfolios beyond gold and real estate. Wealth managers say demand has picked up post-Covid with the pandemic breathing new life into certain industries.
Wealth management encompasses a wide range of services, from financial planning to advisory on taxation and estate planning. They offer wider expanse of investment products compared to other high-end money management avenues like investment advisory and portfolio management services. Most wealth managers m
First Published: Jun 26 2023 | 5:54 PM IST