IIFL Wealth Management has won the award for ‘India’s Best Private Banking Services Overall’ in the Euromoney Private Banking and Wealth Management Survey 2020. It is also ranked number one across all the other 15 categories for India in the survey that range from catering to ultra high net worth (UHNW) individuals to family office services, investment management and emerging technology adoption.
The Euromoney Private Banking and Wealth Management Awards recognise services in private banking.
“We have long believed in wealth preservation and providing the best risk-adjusted returns to our clients. The awards by Euromoney is a testament to our alignment of interest with our clients, team and stakeholders,” said Karan Bhagat, Founder, MD and CEO, IIFL Wealth.
Marcus Langston, Director of Publishing - Asia, Euromoney magazine, said, “The number of Indian HNW families is set to double by 2025, to 500,000, with total net worth of $5 trillion. IIFL Wealth has yet again landed a generous haul of prizes and awards in Euromoney’s annual Global Private Banking and Wealth Management survey.”