India's Wealth Creation Outpaces Wealth Management Industry, Tech Platforms Offer Solutions
2 hours agoBusiness
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India's Wealth Creation Outpaces Wealth Management Industry, Tech Platforms Offer Solutions

India's rapid economic growth is fueling significant wealth creation, particularly among first-generation millionaires, outpacing the capacity of the traditional wealth management industry. Sandeep Jethwani, co-founder of wealth management platform Dezerv, highlights that technology-driven platforms can address this gap by offering transparent, outcome-linked services and disciplined asset allocation. While human advice remains crucial, technology and AI enhance relationship manager productivity and client communication, enabling broader service reach beyond major cities.

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