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India’s economic growth story is still being written and it is obviously characterized by an optimistic and bullish sentiment. An integral part of this growth narrative is the country’s sizable HNWI and UHNWI population. According to The Family Wealth Report of 2018, by Campden Research, India has about 150,000 UHNW families with a cumulative net worth of $2 trillion. With the projected growth rate, this number is expected to rise to 400,000 UNHW families with a net worth of $5 trillion by 2025. With such vast amounts of wealth being generated, there is an obvious need for professionally handled wealth management services, and this is where family offices are stepping in. Currently, about 49% of UHNWIs have formal family offices and there are more than 100 all over India. However, this space is bound to grow as more and more business families look to personalized and customized wealth management solutions.