Wealth Management by Gladiators

8/9/2019 Wealth Management by Gladiators

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By

ANAND KHARADI (1212)

UMESH MAKWANA (1213)

GAURANG DESAI (1228)


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` Meaning

` Major players in Indian market

` Wealth management process

` Core elements in wealth management` Services rendered under wealth management

` Advantages of wealth management

` Limitations of wealth management


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A type of financial service that combines personal

investments, tax planning strategies, estate planning and

legal counsel.

It is designed to provide a broad array of services

within the confines of one office.

"Wealth Management is an all inclusive set of

strategies that

aims to grow, manage, protect and distribute assets ina much planned ,systematic and integrated manner. "


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1.Axis Bank2.Citi Bank3.HDFC Bank

4.ICICI Bank5.Kotak Mahindra Bank6.State Bank of India7.NBFCs

- Religare-Future Capital Holdings (FCH)-Reliance Money


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a) Advisory

Wealth mangers role is limited to the extent of

providing guidance on investment / financial

planning and tax advisory, based on client profile.

Investment decisions are solely taken by the client,

as per his/her own judgment.

b) Investment Processing (transaction oriented)

Client engages wealth manager to executespecific transaction or set of transactions.

Investment planning, decision and further

management remain vested with the client.


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c) Custody, Safekeeping and Asset Servicing

Client is responsible for investment planning,

decision and execution. Wealth manager is entrusted

with management, administration and oversight ofinvestment process.

d) End-to-end Investment Lifecycle Management

Wealth manager owns the whole gamut of investment

planning, decision, execution and management,

on behalf of the client. He is mandated to make

financial planning, implement investment decisions

and manage the investment throughout its life.


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1) Helpful In Tax Planning : The wealth management

professional always shows the good path to the

customers and provide the service of tax

planning. How to minimize the tax and save more

money?

2) Helpful In Selection of Investment

Strategy: Another advantage from the customer

point of view is with the help of WM Professional thecustomer can easily know the investment strategy

and analyze risk and return.


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3) Helpful In Estate Management: With the help of

wealth management professional we can also

manage our estate. Estate management is a task toprovide objective administration of our funds

tailored to aim in responsible distribution and

protection of our overall estate.

4) Helpful in forward looking: We can say planning,

that recognizes as our estate grows and changes

occurs we require some team of professionals who

help us in future planning.

5) Helpful for Indian Economy: Banks which are

engaged in business of WM earning revenues from

the foreign countries i.e. outsourcing for economy


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1. WM Reduces The Scope Of Management:Though we all know that management has

existence at all levels of life and society but the term

wealth management only related with the higher level

means rich people, and is not having any plans and

provisions for poor and lower and middle level of

society.

2. Chances of Fraud:

Another demerit or limitation of the WM concept is

it is not showing the actual position. The customerdoesn't know about the things going on with using his

wealth and there may be chances of forgery and fraud

with customers.


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3. Actual Picture VS Inflation:What is the actual position of

market we don't know because every thing

is done by some WM professionals. So we

can not assume our position in the marketthat also results in inflation because

economy is unknown about the actual

state. There may be chance that the

customers are in risk but they are showingthe false return and vice-versa.


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Wealth Management by Gladiators

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Wealth Management by Gladiators