LGT Group enters the Indian wealth management space | Job Binary


LGT Group enters the Indian wealth management space

Credit: 123RF.com

Private banking and asset management group LGT on Friday said it plans to launch wealth management services for Indian clients through its LGT Wealth India entity to further strengthen its footprint in Asia.

“Our goal is to offer a new approach to wealth management. The plan is to put our clients first by providing transparent services that are convenient for them,” said Atul Singh, Managing Director and CEO, LGT Wealth India.

“By working closely together, we are able to leverage our diverse skills and knowledge, allowing us to approach each portfolio individually and meet each client’s unique needs,” he added.

LGT Wealth India is registered with market regulator Securities and Exchange Board of India (SEBI) as a portfolio manager offering financial services and products to its clients. It employs more than 200 employees and is present in fourteen cities across the country, including Mumbai, Delhi, Chennai and Bengaluru.

Headquartered in Liechtenstein, the LGT Group has combined assets under management of $297.4 billion (as of June 30, 2022) for high net worth individuals and institutional clients. The firm claims to have more than 4,500 employees and operate in more than 20 locations worldwide. In Asia, LGT has offices in Hong Kong, Singapore, Thailand, Australia and India.

“Combining our years of experience in managing large assets with our entrepreneurial approach has enabled us to achieve continuous and sustainable growth. By combining the expertise of a global private bank with an experienced and dedicated team of Indian professionals, we are committed to supporting and creating long-term sustainable value for our clients in India,” said HSH Prinz Max von und zu Liechtenstein, Chairman of LGT.



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