Impacts of Market Volatility on Wealth Management: Navigating Uncertain Times
In today’s unpredictable financial markets, factors such as geopolitical tensions and global health crises can create uncertainty and significant fluctuations. This can impact wealth management strategies and lead to emotional decision-making. Understanding the importance of wealth management is crucial during such times. Diversification is an effective strategy for reducing overall risk exposure. During market volatility,
Navigating Financial Decisions with Pragmatism and Poise
The intertwining of money and emotion is undeniable, especially in the realm of investment. Successfully navigating this intricate relationship requires deliberate efforts to keep emotions at bay, ensuring sound financial decisions. One effective strategy is automating routine financial transactions, such as postpaid phone bills, insurance premiums,......
Is concentrating all your eggs in one basket the right approach for investment advisory? Absolutely. This strategy involves thorough research, data analysis, and understanding your risk profile, financial goals, and objectives. Similar to sharing all health-related issues with your family physician, your Investment Advisor
Investment Advisor vs Wealth Manager vs Fund Manager
The world of private wealth management can be extremely complex, with a multitude of different terms, services, and providers. While multi-family offices and wealth managers can offer critical services to help preserve and grow the wealth of the India’s wealthiest families, the terms are often used interchangeably, leading to confusion....
Most High Net Worth Individuals certainly have the brains to manage their own wealth. But the question is not about whether they CAN manage their own wealth but about whether they SHOULD. Most HNI clients certainly have the brains to manage their own wealth. But the question is not about whether they CAN manage their own wealth but…
It’s a myth that the Family Office is an extension of Wealth Management. In reality, Wealth Management is but a small subset of the Family Office model of financial management. Meeting a Wealth Manager is like visiting a high-end ice-cream shop. You will be shown a flavourful exhibit of financial instruments such as equity, debt, real estate etc….
Not many know that Family Office also supports entrepreneurs in their quest to build lasting enterprises. The Family Office model is primarily designed to help self-driven UHNI pursue their professional goals without having to worry about the planning and management of personal wealth. But it has a secondary benefit that is often eclipsed: an entrepreneur can take the…
Managing your wealth: Simplicity is the best policy
HNIs often fall prey to sophisticated financial products. But the real experts know the value of keeping the portfolio simple. It’s natural for the ultra-wealthy to get attracted to innovative and new products which seem far removed from the retail investments made by the salaried class. Therefore, they often shun commonplace mutual funds, even if a particular….
The presence or absence of wealth seems to greatly influence human behaviour. This gives rise to a large spectrum of human identities that, at first glance, seem to be derived directly from wealth. On the one end of the spectrum, we see monks who renounce wealth. On the other, we see misers who hoard it. In between these…
At this juncture, even the most committed UHNI feels overwhelmed by the task of managing their wealth. The Family Office revolves around the welfare of the family. This statement is at once ridiculously obvious and deeper than it appears at first glance. The need for a Family Office becomes apparent around the time a person’swealth experiences breakneck growth….
The best time to create a succession plan was yesterday. The second best time is today. It’s astounding that so many high net-worth individuals (HNIs) don’t even prepare a basic Will. As a financial adviser, I always ask my clients to put a foolproof succession plan in place and avoid great misfortunes. In 2011, I visited the Hyderabad…
Given the vagaries of life, parents of a person with special needs should set up a special Trust for this person as soon as they learn about his/her medical condition.
When they sell off their business? Either they can sit try to multiply their wealth or alternatively look at start- ing another business and allow advisory firms to manage their funds.
It is generally viewed to be less liquid than regular assets The typical investment format of an Indian investor is either to invest in fixed income or in equity. Together, these form the biggest chunk of anybody’s asset allocation. The only exception is real estate. From around the mid-2000s, a new asset class, called alternative asset class, came…
Here are 12 ways to spot a multibagger among thousands of companies
The moot question remains, is it easy to buy into multi-baggers? If yes, then all of us should have been wealthy by now. Let’s try to address the burning question in the mind of an investor.
Alternative investment: Getting savvy at state-of-the-art investing
Art is a symbol of beauty, grace and wealth, and an integral part of ones assets. It is a vast subject encompassing several categories ranging from paintings and sculptres to bronze icons to wooden craft to art installation. Each comes with its own uniqueness and complexities. Though buyers nowadays have access to online information on artists, their genres,…
