Mumbai (Maharashtra) [India], November 2 (ANI/BusinessWire India): Over the last couple of decades, the fast-growing Indian has largely been dominated by banks and a few specialized wealth firms.
InCred Wealth has entered this rapidly evolving market and established itself as a force to reckon with in a short span of time.
In a year where the pandemic disrupted the core high-touch customer engagement strategy, InCred Wealth has defied norms to emerge as a winner in the HNI/UHNI space. Despite starting operations in 2020 when the lockdown caught everyone by surprise, the team under the leadership of Nitin Rao – CEO, continued to work remotely with a single-minded focus to build a strong foundation for the business.
The firm attracted the best talent to achieve incredible results and in record time (less than six months), put together one of the most sophisticated, well researched and path-breaking product platforms in the industry. Their offerings were powered by an integrated best-in-class tech-enabled for clients.
In a little over a year, the firm has won the trust of over 1,600 HNI/UHNI clients and clocked over $1.2 billion (INR 9,000 crores) of Assets Under Management with 75+ Relationship Managers across 9 cities in India. It is unprecedented for a newly established Wealth Management player to build such a broad coverage and reach a high level of AUM in such a short period of time.
The InCred Wealth team has also been able to enhance its reach further by partnering with a network of financial advisors across the country by providing them with a bespoke menu of product options.
Commenting on the business, Nitin Rao, Chief Executive Officer, InCred Wealth said, “Our domestic clients are spread across over 50 Indian cities with NRI clients present across 10 countries, which highlights the respect enjoyed by our brand and the breadth and innovation of our product offerings.
