Read about real life case studies, gather cutting edge knowledge, and read about our views on the emerging Indian and global wealth management scenario, curated for your convenience by Client Associates’ Thought Leaders.
07 July 2023
Growing up with dreams of being a sportsperson, I embarked on an entrepreneurial journey that led me to co-found Client Associates, a distinguished wealth management platform in India. Over the past 21 years, we have revolutionized the concept of "Family Office" and have emerged as the largest multifamily office in the country. With a focus on client centricity and a commitment to excellence, we have become the trusted Family CFO for approximately ~1000 affluent families, managing assets worth around ~USD 5 billion. Today, I am humbled and grateful to see Client Associates ranked among the most admired platforms in private wealth management in India.
During my travels to the UK in the summer of 2022 I had an amusing experience. On one of the evenings after coming back to my hotel I found that the room hasn't been done up and I found it in the same condition as I had left it in the morning. I had earlier experienced this on another occasion triggered entirely on account of fault on my part - I forgot to leave instructions to clean the room in the morning. Once bitten is always twice shy and hence since then I always remember to leave instructions to clean the room which happened this time in London as well. After a long day you are looking forward to unwind in a done-up room and you expect that to happen in any professionally managed chain. Curious to find out why they slipped I reached out to the hotel's General Manager who besides being apologetic was kind enough to promise an investigation into this episode. From the CC TV feeds the hotel found out that the housekeeping staff reversed the instructions from “Make up my room” to “Do Not Disturb”. Why would they do so especially when they are trained to do as requested by the guest? The simple reason was that the hotel was understaffed and to ensure that the show must go on the hotel had contracted the housekeeping staff from an external housekeeping agency which too was understaffed. This revelation spilled the beans of the pervasive problem in the UK’s economy across the board – shortage of staff. You could see this across hotels, restaurants, cafes and even at the Heathrow airport where airline managements were declining to give commitment to get your baggage loaded to the same flight!!
22 December 2022
Over the past decade, Alternative Investment Funds (AIF) have grown rapidly in popularity, on the heels of the 2008 financial crisis, as investors sought to diversify their portfolios reducing over-dependency on a single market or asset.
01 August 2022
Risk Management A "possible hindrance to the intended result" is how risk can be defined. Risk management is not just a process of identification and assessment; it also involves analysis, strategy, and mitigation. The primary risk management methods are predominantly avoidance, retention, sharing, transferring, and loss prevention and reduction. These may apply to all facets of an individual's, family's, and corporate life and can pay off in the long run.
01 July 2022
01 May 2022
Just a dozen years ago, the Crypto community was virtually unknown to the rest of the world. The number of these people has shrunk substantially, but it's still there. As far back as when its skepticism was called into question, speculation arose about its pseudonymous creator, and a possible ban was spotted, India has come a long way toward disclosing it in IT returns in April of 2022.
01 May 2022
The oxford dictionary defines ‘Empathy’ as ‘the ability to understand another person’s feelings, experience, etc.’ In very simple terms, it is the awareness of the feelings and emotions of other people. Empathy forms a key element of Emotional Intelligence – the link between self and others – because that’s how we, as individuals, understand what others are experiencing as if we were feeling it ourselves. To cite an example, a friend goes through a personal loss, and we empathize with her by understanding her need to cancel our upcoming plans, taking time for her personal affairs. In another case, we might feel equally excited for a friend who’s just announced she’s been promoted at work.
01 Apr 2022
Introduction Technological advancements in wealth management have come a long way since time immemorial, transforming the industry into assisting clients in meeting their needs with dire accuracy. Family Offices are bound to deal with the apprehension of keeping sensitive data of their clients private and dodge the normalized trend of making information public in the era of the internet. Since software applications can now provide clients with individualized wealth management advice through recent breakthroughs in big data, machine learning, and artificial intelligence, it can be challenging for family offices to vindicate themselves while laying parallel to the realm of technology. For instance, it's no discovery that providing wealth management services to a family involves the administration of funds and investments. Yet furthermore, it is crucial to consider the factors behind the kind and level of technology that previous generations might have used while managing wealth. This is an essential practice to consider for family offices so that the degree of technological change is not entirely beyond the understanding of their clients. Moreover, through this practice, the clients know the path being chosen to supervise their funds. Let us take a look at how technology has played, plays, and will continue to play an imperial role in the wealth management industry.
+91 124 4995400
+91 80 41473607
+91 44 40840808
+91 40 66555333-6
+91 33 40616563-65
+91 22 24222454