Bespoke wealth management solutions: Here's what is driving the surge businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
The AUM of the PMS segment has more than doubled in the last five years, growing to ₹32.22 lakh crore as of January 2024 from ₹15.40 lakh crore in January 2019; PMS come bundled with curated advice, targeted mandates and access to tools that make HNIs feel they are in the co-pilot seat, says Nitin Raheja, Executive Director, Julius Baer India.