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INTRODUCTION

 A measure of the value of all of the


assets of worth owned by a person,
community, company or country.
 Wealth is the found by taking the total
market value of all the physical and
intangible assets of the entity and then
subtracting all debts.
MONEY IS NOT WEALTH, IT ONLY HELPS CREATE
WEALTH : Steve Forbes

What is ‘Money’?
 It represents what people had
produced.
 It is a facilitator of commerce.
 Money measures wealth; it is not wealth
itself.
 The richest 1% of the world’s population are
getting wealthier, owning more than 48% of
global wealth (Credit Suisse global wealth
report )

 More than $77,000 is required to be a member


of the top 10% of global wealth holders,

 And $798,000 to belong to the top 1%.

 The $20.1tn rise in global wealth over the past


year is the largest recorded since 2007.
 Wealth in the US in the past year had grown by
as much as the $12.3tn the country lost in the
financial crisis!!

 The richest 85 people across the globe share a


combined wealth of £1tn ($?), as much as the
poorest 3.5 billion of the world’s population.
(Oxfam research publication; 2015)

 Total global wealth has grown to a new record


– $263tn, more than twice the $117tn
calculated for 2000
 Concentration of billionaire wealth in
India (12 percent of GDP) is unusually
large for economies in the same stage of
development. (Forbes report)
The two charts above say a lot about India’s wealth
building journey:
• The 2008 crisis saw concentration peak and proved
to be a leveller of sorts

• Share of the very wealthy is higher in India, but


China’s catch-up is by far the steepest

• At the start of the economic boom, India’s wealth


concentration lagged that of North America, but by
2014, India’s rich owned a larger portion of wealth than
North Americans do

• The starkest statistic: While the trend in top decile


wealth is broadly in line with other countries (and well
below the global average), the top percentile’s share of
wealth is at 50 percent, ahead of any other part of the
world
 India has far greater wealth disparity as
shown by the comparison of Gini
Coefficients (higher Gini coefficients signify
greater inequality in wealth distribution, with
1 being complete inequality and 0 being
complete equality).

 While India’s income-based Gini (which


measures disparity in per capita GDP)
shows much greater equality than in China,
the wealth-based Gini shows much greater
disparity.
 The scope of wealth management
includes Wealth Creation, Wealth
Management, Wealth Preservation and
Wealth Transfer.
 It involves provision of facilities such as
asset management, banking and
related advisory services to the High Net
worth Individuals [HNWIs].
 Referrals from existing clients
 Increase in marketing/ networking
 Referrals from professional network
 Building right team of people
 Net new asset from existing client
 Organic growth from s
Wealth management services involve fiduciary
responsibilities in providing professional investment
advice and investment management services to a
wealthy client. Depending on the mandate given to the
wealth manager, wealth management services could
be packaged according to the requirements.

Advisory Services

 In this aspect, wealth manger's role is limited to the


extent of providing guidance / advice on investment
/ financial planning and tax advisory based on client
profile. However, investment decisions are solely
taken by the client, as per his /her own judgment.
Investment Processing

 In this type of services which are primarily


transaction oriented, the client assigns
wealth manager to execute specific
transaction or set of transactions related
to his wealth management. However,
investment planning, decision and
further management remain vested with
the client.
Custody, Safekeeping and Asset Servicing

 In this type of services, client himself is


responsible for investment planning, decision
and execution. Wealth manager is only
entrusted with management, administration
and oversight of the process of investment.

End-To-End Investment Lifecycle Management

 In this type of services, wealth manager is fully


mandated by the client to undertake financial
planning, implement investment decisions and
manage the investment throughout its life. He is
responsible for the gamut of investment
planning, decision, execution and
management.
Investment Category Investment Options

Banking Bank Accounts and Deposits, Business


Banking, Mortgages and Loans

Investment Products Bonds, Structured Products, Derivatives,


Equities, Commodities, Alternative
Investments, Forex
products, Discretionary PMS and others

Financial Planning Tax Planning, Retirement planning,


Succession planning, Estate Planning

Value Added Services Gold, Art, Philanthropy and Antiques


 Credit Rating and Information Services of
India Limited: CRISIL

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