The most important financial decision you make is
choosing the right management firm. This is perhaps the most important step in
securing your assets and helping you lead a secured life. Singling out any of the
top asset
management companies in India will help you in making financial
decisions. Few questions here would enable you to understand the nuances of
a wealth management firm.
1. What is its business model?
The first question should be to understand their
business model. It will impact if they are privately held company or a public
listed company. The type decides your core business strategy and the way the
firm influence and manage your wealth. Try to find a wealth asset management
company whose primary business is oriented towards banking and lending.
2. Is the company offering the service you are
looking for?
The
second most important factor is that your requirements should be completely in
sync with the product offerings. Make sure that their service model includes the
key pointers you are looking for. It should relate to the number of accounts
per clients and the history of retention rates with their clients and advisors.
3. Is the company an investment management firm or
wealth management firm?
While investment management focuses on the
performance of valuable assets and the performance of your portfolio, wealth
management is a holistic way of managing your assets.
4. What about its past performance?
The top asset management company in India must be
able to focus on investment offerings, and a customized approach to the client
or model based. Always try to find out the firm’s historic investment
performance of the company.
5. Are you well aware of its vision?
The final parameter is to understand the culture of
the firm. This will help you to understand the investment philosophies and if
its current portfolio matches your business goals and aspirations.
If you are able to find answers to these questions,
you can end up selecting one of the top asset management
companies in India.
