Why become a
Wealth Manager?

Wealth Management, as the two words suggest, is to manage one's wealth. This involves creating a robust plan to achieve the financial goals of individuals and families. The process has three critical aspects: Protection, Growth, and Transfer of wealth to the next generation seamlessly. Each of these aspects is a discipline on its own, and finally, all come together to meet the end objective of the investor.

A wealth manager needs to understand the underlying factors which affect each of these disciplines. Hence a successful wealth manager needs to have sufficient knowledge in the areas of Economics, Accounting, Taxation, Capital Markets & Estate Planning. This will help in creating a financial plan or a complete roadmap for the capital of the investors. This plan needs to be monitored regularly to ensure that it meets the financial goals of the investor.

There is an ever-growing need for wealth managers in India. Interestingly while the GDP per capita is $ 3357, the Wealth per capita is $ 17,299 as of the end 2019 (source Credit Suisse Oct 2020 Global Wealth Report).

The financial wealth of India has surpassed $3.5 trillion and growing steadily at 10% over the last many years. Yes, despite the massive upheaval of social and economic structures in India and worldwide due to the pandemic, the financial wealth has been buoyed by robust equity markets. As per the recent report from Boston Consulting Group, the financial wealth from 2015 - 2020 has grown by 10% per annum to 3.5 Trillion dollars and is expected to grow to 5.5 trillion dollars by 2025.

Currently, only the top 3% of the population is serviced by Wealth Managers, and more than 25% of the population would likely require similar service in the coming years. This will lead to a surge in demand for wealth managers and one of the most sought-after professions. The Wealth Managers, who can also be looked upon as financial doctors, will be instrumental in ushering in a financial literacy drive as India steps into the next growth phase. A Wealth manager who is sufficiently equipped with the knowledge and is empathetic towards investor needs certainly has a flourishing career awaiting them.

He is a PhD and Master’s in Commerce from University of Delhi. He is also a qualified Chartered Accountant and Cost Accountant with over 25 years of experience. Visiting professor at SP Jain, MDI, IIFT, ICAI & ICWAI.

Core Competency - Investment Banking, Portfolio Advisory, Tax Consulting, Valuation Models, Derivative Strategies Accounting & Finance Consultant – Corporate Finance & Laws, Tax laws, Bank Audits, GST, Risk Management, Trade Finance, Forex, Derivatives, IFRS, Accounts & Taxation Account Planning, Monitoring of Finance and Audits, Financial Project Analysis, Budgeting, Forecasting and Financial Management.

He is a PhD (Tax), M.Com. M.A.(Economics), M.A. (Public Administration), MA (Urdu) MA (English lit.) LL.B., FCA, DISA, CISA, CISM. A university topper in all exams, he became one of the youngest CA’s in India at the age of 21 securing an all India merit rank. He has been practising for 33 years.

He is an authority on Income Tax, Cyber laws, Investment Strategy and Information systems control and audit. He has authored many books on investment strategies and financial independence.

He is a qualified Chartered Accountant with over 24 years of experience across Merrill Lynch, ABN Amro, Yes Bank and also as CEO of JLL and Brigade Group. He has wide experience across Real Estate, Infrastructure, Construction, Hospitality, Banking, Financial Services & Manufacturing.

Prof Bhopatkar is a CFA with over 26 years of experience across equity research and corporate and academic courses in finance with focus on capital markets, investments and risk management.

He holds CFA charter and has also completed Certificate in Quantitative Finance from CQF Institute, UK and Part I & II of FRM Certification from GARP Institute and involved in preparing candidates for CFA program.

He conducts training courses to management graduates for programs in India, UAE, Singapore and Australia.

Jitender holds Master degrees in Economics, is an MBA and a CFA Charter-holder (from CFA Institute USA). He has over 18 years of experience in the fields of Equities, Mutual Funds, Derivatives, Fund Management and Research etc. with various financial firms including an Asset Management Company. Currently he is consulting a hedge fund and PMS, in their operations and risk management and running his own proprietary trading desk to apply quant based hedge derivative strategies. He is also actively involved in imparting training in the financial markets domain.

Awarded “100 Most Influential BFSI Leaders” by BFSI Congress in February 2019 and “50 Most Influential Financial Services Marketing Professional” Joydeep has over 25 years of experience in the financial services industry. He is an author of four books and is an avid columnist. His prior work experience includes 13 years with BNP Paribas in the Wealth Management department as Senior Vice President - Advisory Desk - Fixed Income.

Dr. Shrivastav is a qualified M. Com., M. Phil., MIRPM., M.A. (Econometrics), LL.B., M.B.A., and Ph. D. (Finance) with over 30 years of academic/professional experience in the areas of accounting & financial management. His academic roles include, adjunct faculty at VNIT Nagpur, visiting faculty at Tufts University, Boston. Other international assignments include, Harvard University Boston. USA., IMF. Washington. DC. USA, Nothwest Kellogs , Chicago. US.

Dr Shanti Suresh (CS, M.COM, M.Phil, MBA, MFM) is Vice Principal and HOD Commerce at SIES College of Commerce and economics -Sion Mumbai. She is an expert in Corporate Governance, Financial Markets and authored books and several research papers.

She is also an adjunct and visiting faculty to several premier business schools like S.P.Jain –Singapore and Dubai campus, School of management –IIT-MUMBAI, IBS –Mumbai, Welingkar Institute of Management and Research.

Dr. Ranjan Chakravarty is a Senior Professor at NMIMS with research in cutting-edge high-frequency trading algorithms. An expert in Commodities, Futures and Options, Fixed Income, Derivatives Structuring and Insurance and Financial Risk Management Dr. Chakravarty has over 10 years of academic experience and is Empanelled trainer with leading global investment banks.

He has over 22 years of industry experience across the best name hedge funds and banks in the U.S. and Asia, including CRO at Singapore Mercantile Exchange (SMX) and Clearing Corporation (SMXCC), Head, Risk & Products, MCX-Stock Exchange (MCX-SX) Managing Director at DBS Bank and Hypovereinsbank Group.

He has over 38 years of experience in Banking, Insurance and Financial Services sector (BFSI) which includes over 16 years of teaching and training experience.  He is presently associated/empaneled as Corporate Trainer with NISM-SEBI, NSE, ICICI Prudential Asset Management Company, ICICI Securities and American Academy of Financial Management (AAFM), India. He is Visiting Professor at Narsee Monjee Institute of Management Sciences (NMIMS), Hyderabad &campuse, IIRM-Hyd., ESCI –ISTTM, Aurora's Business School.  

He is a qualified Fellow of Insurance Institute of India, Associate of Indian Institute of Banking & Finance (CAIIB), Chartered Wealth Manager (CWM) from AAFM-USA, Certified International Wealth Manager (Moody’s Analytics & AIWM) and Certified Investment Advisor (CIA) from NISM.