LGT ventures into Indian wealth management market with LGT Wealth India

• ByStartupStory     |    October 22, 2022

LGT Group, Liechtenstein-based private banking, and management company announced that it has entered the Indian wealth management sector through its subsidiary, LGT Wealth India.

“Our aim is to offer a fresh approach to wealth management. The plan is to put our clients first by providing a transparent service, designed around what is right for them,” said Atul Singh, managing director and CEO of LGT Wealth India. He added, “By working closely together, we can draw on our varied skills and knowledge, allowing us to treat each portfolio individually and meet the unique needs of every client.” 

LGT Wealth India, a portfolio manager registered with the market regulator Securities and Exchange Board of India (SEBI), offers financial services and products to its clients. It employs over 200 people and has offices in fourteen locations across India, including Mumbai, Delhi, Chennai, and Bengaluru.

LGT Wealth India is building a footing in the Indian wealth management sector while also expanding its Asia footprint with offices in Hong Kong, Singapore, Thailand, Australia, and India.

As of June 2022, the LGT group controlled $297.4 billion in assets for rich private individuals and institutional clients.

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