There are many kinds of wealth management firms in India.
They are a lot of companies which provide wealth advisory services in India.
They are of all kinds. Some provide a combination of services while others
provide single services. The variety is simply incredulous and India has a
healthy wealth management scene due to the amount of High Net worth Individuals
in India. These rich people are the richest on the planet. So you can
understand the quality of Wealth Management in India .
As a wealth manager, I have seen a lot of growth and
advancement in the wealth management sector in India. The amount of assets and
the quantity of liquid and solid assets make it difficult to steer the course
of the holdings. Due to the high volume, there is a lot of uncertainty towards
the growth and reach the pinnacle. Another problem is the prediction of the
performance of the suggested investment carrier.
Why Family health insurance plans?
As an employee of a wealth management firm, I have come to
realize one thing. There are many wealth management firms in India which are of
the highest pedigree. The professionals heading the institutions are
experienced and well versed with the wealth management techniques. They devise
brilliant strategies to handle the client’s cash flow. If there is any hurdle
in the wealth management plan of the client. Believe me, after spending years
in the industry, I understand it.
The difference between an employed person and a rich
investor is as follows:
·
The ordinary people who have been employed for
long, purchase normal plans. Indians purchase life insurances by the numbers.
They have a mentality of securing their household and deliver it by purchasing family health Insurance plans.
·
Family
Health insurance plans can be floated, so you get the benefit of the maximum if
any one of your family falls sick. Suppose you have a collective policy of 20
Lakhs. If one of you falls sick, then he could get the maximum benefit. A
different policy for every member will mean additional premium.
The rich are getting richer. Higher salaried persons and
people who are working and running their own businesses side by side are
increasing in number. These numbers have grown in the last few years. They will
increase in the future also, and the wealth management companies attract all
kinds of customers, so you can now put one and one together.
