India’s super rich are increasingly setting up dedicated family offices to manage their wealth. Munish Randev, Chief Investment Officer, Waterfield Advisors, which provides family business advisory services to ultra high net worth families managing over $1.7 billion of assets, spoke to Moneycontrol on the money management preferences of the wealthy families.
What is the minimum investible wealth that one should have to be your client?
At Waterfield most of the new families that we are on-boarding have an average financial portfolio (not counting the promoter equity stock) size upwards of Rs 300 crores.
