Neutral impactEconomy
India's crorepati list is growing but the problem is who will manage their money
Economic Times 1 hr ago·28 Jul 2026, 3:24 am
India's rapidly expanding ultra-wealthy class is creating a significant demand for professional financial advice. As the number of crorepati households rises, many individuals are finding it difficult to secure high-quality guidance, leading to a shortage of skilled wealth managers. This scarcity is causing competition to intensify among advisory firms, which are now investing heavily in both technology and specialized talent to meet the growing needs of their clients.
For investors, this shift highlights the importance of choosing the right financial partner. The market is moving toward firms that combine human expertise with advanced tools to handle complex portfolios. As the sector evolves, investors should look for advisors who offer a blend of personalized service and efficient management, ensuring their wealth is handled by professionals capable of navigating this competitive landscape.
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- Category: Economy.
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