Blue blooded wealth managers are no longer restricting themselves to just the plush South Mumbai or South Delhi addresses. They are instead widening their net to dusty interiors like Kota, Bhavnagar and Jamshedpur.
From Swiss Bank Julius Baer to British lender Barclays, all are looking for millionaires in small and remote towns as a new class of wealthy individuals who are open to paying for professional investment advisory emerges amid the increasing lure of different asset classes.
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