News From Press Wealth management: Why it’s time to address untapped HNI investors in smaller cities

Wealth management: Why it’s time to address untapped HNI investors in smaller cities

Source: FE Apr 27, 2022

In the last two years, there has been a significant shift in the way Indians invest. The Indian HNIs had begun to move away from physical assets towards financial assets as a means of wealth creation.

The concentration of HNI (High Net Worth Individuals) in metros such as Mumbai and Delhi are well known but wealth managers have been surprised to see that moving to Tier 2 and Tier 3 cities opens up a world of opportunities and untapped potential in terms of wealth management.

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