1、1Money in motionMoney in motionNavigating Indias evolving financial landscape with wealthtechAugust 20242Money in motionContents04Foreword06Executive Summarya.The financialization revolutionb.Revolutionizing markets:welcoming the new”affluent”customer14Indias financialization thrusta.Global wealth m

2、anagement industry:an overviewb.Indian wealth management industry:the journey has only just begun c.Wealthtech in India:charting a new frontier08Global wealth management:setting the context3Money in motion22Wealth management in the digital agea.Next-gen wealth:redefining the role of relationship man

3、agersb.Standing out in the age of personalization:hyper-personalized investment strategiesc.Robo-advisory:an evolution of wealth management proposition for the mass affluent segmenta.Understanding the changing regulatory landscape in Indiab.The future impact of regulatory developments 28Competitive

4、landscape:the great convergence 36Shaping tomorrowThe future of wealth management in India32Evolving regulatory landscape4Money in motionThe wealth management industry is undergoing a foundational shift.Fundamental changes in client relationships,assets in motion,heightened competition,rise of the b

5、ig tech,regulatory changes and increasing pressure to improve financial performance while strengthening client trust and value are transforming the industry.These are not optional challenges they are non-negotiable factors that will determine success for wealth management firms over the next five ye

6、ars.The defining question for the industry has become:”How to rethink and reshape business and operating modelto drive growth,profitability and sustainable competitive advantage by effectively addressing these challenges.”Global wealth growth,despite multiple crises spanning economic,political and s