Multifamily
offices, a trend lesser known in India but soon-to-pick up, holds lot of
opportunities for wealth managers, says Sachin
Karpe. A veteran banker, SachinKarpe has set up India’s largest multifamily office in India. He gives a
small brief on the business of MFOs in India.
With many
families coming under the bracket of high net worth, they are scouting for
wealth managers who can holistically provide services including tax, estate
planning, risk management, trusteeship, lifestyle management, coordination of
professionals, investment advice and foundation management among others. Sachin Karpe explains that with many
services falling under one roof, it becomes a lot more convenient for families
as well as the wealth managers who run these family offices.
No comments:
Post a Comment