Introduction

Managing money is not just about saving it in a bank account or investing in shares. It is also about making the right financial decisions, protecting wealth and planning for the future. As people’s income and savings increase, the need for professional financial guidance is also growing. This is where wealth management companies play an important role.

Wealth management companies help individuals, business owners, professionals and wealthy families manage their money more effectively. They offer services such as investment planning, portfolio management, mutual fund investments, retirement planning, tax-related guidance, insurance solutions and estate planning.

India has witnessed significant growth in its wealth management industry over the past few years. The increasing number of high-net-worth individuals (HNIs), growing participation in the stock market and rising awareness about financial planning have created opportunities for several companies.

Today, investors can choose from independent wealth management firms, private banking divisions, financial advisory companies and investment distribution platforms.

In this article, we will look at the top 10 wealth management companies in India, their services, major strengths and latest available financial performance figures. The companies have been selected based on their market presence, services, assets under management or advice, customer base and industry reputation.

Top 10 Wealth Management Companies in India

Here is a quick overview of some of the leading wealth management companies operating in India.

1. 360 ONE WAM
2. Nuvama Wealth Management
3. Anand Rathi Wealth
4. Motilal Oswal Private Wealth
5. Prudent Corporate Advisory Services
6. HDFC Bank Wealth Management
7. Axis Bank Burgundy
8. Kotak Private Banking
9. SBI Wealth
10. Shriram Wealth

Let’s understand each company in detail.

1. 360 ONE WAM

360 ONE WAM is one of India’s leading independent wealth management companies. The company was previously known as IIFL Wealth Management and adopted the 360 ONE brand in 2022.

Headquartered in Mumbai, the company primarily serves high-net-worth individuals, ultra-high-net-worth individuals, business families, entrepreneurs and institutional clients.

360 ONE provides several financial services under one platform. These include investment advisory, portfolio management, alternative investment funds (AIFs), mutual funds, structured products, private equity and family office services.

One of its major strengths is its focus on customised financial solutions. Instead of offering the same investment strategy to everyone, the company works with clients to understand their financial goals and risk preferences.

The company also has a strong presence in alternative investments, which are becoming increasingly popular among wealthy Indian investors.

Financial Performance:

Financial Metric	FY2025–26
Total Assets Under Management (AUM)	₹6,74,492 crore
Total Revenue	₹3,144 crore
Revenue from Operations	₹3,066 crore
Profit After Tax (PAT)	₹1,225 crore
Annual Profit Growth	Approximately 21%

2. Nuvama Wealth Management

Nuvama Wealth Management is another major name in India’s financial services industry. The company was earlier known as Edelweiss Wealth Management before becoming an independent wealth management business under the Nuvama brand.

It provides financial solutions to affluent individuals, HNIs, UHNIs, family offices and institutional investors. Nuvama offers a wide range of services, including private wealth management, investment advisory, asset management, institutional equities, financial product distribution and lending solutions.

One of its key strengths is its diversified business model. It generates income through wealth management services, asset management, advisory services and other financial activities.

Nuvama also provides access to different investment opportunities, including mutual funds, equities, fixed-income products and alternative investment funds.

Financial Performance:

Financial Metric	FY2025–26
Client Assets	₹4,52,548 crore
Total Income	Approximately ₹4,650 crore
Profit After Tax (PAT)	Approximately ₹1,040 crore
Annual PAT Growth	Approximately 5.6%

3. Anand Rathi Wealth

Anand Rathi Wealth Limited is one of India’s well-known wealth management companies. It is part of the Anand Rathi Group and focuses primarily on providing financial solutions to high-net-worth individuals and affluent families.

The company follows a relationship-based approach to wealth management. Its financial professionals work closely with clients to understand their investment requirements and develop suitable financial strategies.

Its major services include mutual fund distribution, investment advisory, financial planning and portfolio-related solutions.

Financial Performance:

Financial Metric	FY2025–26
Assets Under Management (AUM)	₹93,037 crore
Total Revenue	Approximately ₹1,198 crore
Profit Before Tax (PBT)	Approximately ₹521 crore
Profit After Tax (PAT)	Approximately ₹386 crore
Annual PAT Growth	Approximately 28%
Active Client Families	Approximately 13,395

4. Motilal Oswal Private Wealth

Motilal Oswal Private Wealth is a major wealth management business operating under Motilal Oswal Financial Services.

The company primarily serves HNIs, UHNIs, business owners, entrepreneurs, corporate professionals and wealthy families. Its objective is to help clients create, preserve and transfer wealth through well-planned investment strategies.

The company offers several services, including Private wealth management, Mutual fund investments, Portfolio management services, Alternative investment funds, Fixed-income investments, Estate and succession planning and Family office solutions.

One of its major advantages is its connection with the wider Motilal Oswal financial services ecosystem. Clients can access investment research, asset management, lending and other financial solutions through the group.

The company also focuses on customised investment strategies for wealthy individuals and business families.

Financial Performance:

Financial Metric	FY2025–26
Private Wealth AUM	₹1,96,716 crore
Private Wealth Net Revenue	₹1,080 crore
Private Wealth Profit After Tax (PAT)	₹368 crore
Annual AUM Growth	Approximately 36%
Annual PAT Growth	Approximately 15%
Number of Relationship Managers	440

5. Prudent Corporate Advisory Services

Prudent Corporate Advisory Services is one of India’s prominent financial product distribution and wealth management companies.

The company was established to make financial products and investment opportunities more accessible to Indian investors.

Unlike some wealth management firms that primarily focus on wealthy families, Prudent has a strong presence in the retail investment segment.

The company operates digital platforms such as FundzBazar and PrudentConnect to help investors and financial advisors manage investments more conveniently.

One of its biggest strengths is its extensive distribution network, which allows it to serve investors across different cities and income groups.

Financial Performance:

Financial Metric	FY2025–26
Assets Under Management (AUM)	₹7,19,304 crore
Revenue from Operations	Approximately ₹1,317 crore
Profit After Tax (PAT)	Approximately ₹222 crore
Annual Revenue Growth	Approximately 19.37%
Annual PAT Growth	Approximately 13.5%
Unique Retail Investors	Approximately 20.71 lakh
Mutual Fund Distributors	36,880

6. HDFC Bank Wealth Management

HDFC Bank is one of India’s largest private sector banks and has a well-established wealth management business.

Its wealth management division provides personalised financial services to affluent individuals, HNIs, UHNIs and business families.

One of HDFC Bank’s biggest advantages is its large banking network and established customer relationships. Customers can access banking, investment and financial advisory services through an integrated platform.

The bank’s private banking business also caters to wealthy families looking for customised financial solutions and long-term wealth preservation.

Business Performance:

Financial Metric	Latest Available Data
Private Banking Assets Under Management (AUM)	Nearly ₹7 lakh crore
Number of Client Families	More than 86,000
Geographic Presence	India and Overseas
Net Profit (Wealth Management Division)	Not separately disclosed
Reporting Date	31-May-26

7. Axis Bank Burgundy

Axis Bank operates its wealth management services under the Burgundy brand.

Burgundy is designed for affluent customers, HNIs and UHNIs who require personalised banking and investment solutions.

The company offers a combination of wealth management, investment advisory and premium banking services.

Its major offerings include Portfolio management services, Mutual funds, Alternative investment funds, Bonds and fixed-income products, Investment advisory, Private banking, Family wealth solutions and Banking and lifestyle services.

Axis Bank also operates Burgundy Private, which specifically focuses on high-net-worth and ultra-high-net-worth families.

One of its major strengths is its integrated financial services model. Customers can access investment products, banking services and financial solutions through the wider Axis Bank ecosystem.

Business Performance:

Financial Metric	FY2025–26
Overall Burgundy Wealth Assets	Approximately ₹6.78 lakh crore
Burgundy Private AUM Growth	Approximately 13% year-on-year
Reporting Period	Mar-26
Net Profit (Burgundy Division)	Not separately disclosed
Key Customer Segment	Affluent and Ultra-High-Net-Worth Individuals (UHNIs)

8. Kotak Private Banking

Kotak Private Banking is the wealth management division of Kotak Mahindra Bank.

It provides specialised financial services to wealthy individuals, business owners, entrepreneurs and families.

The company follows a personalised approach to financial planning. Its advisors help clients identify suitable investment opportunities and develop strategies for managing their wealth.

This means clients can access different investment products and solutions instead of being restricted to a single investment provider.

The company also provides specialised services for families that need help with succession planning, wealth transfer and long-term financial management.

Business Performance:

Financial Metric	Q2 FY2026–27
Overall Customer AUM	Approximately ₹8.14 lakh crore
Reporting Date	30-Sep-26
Private Banking AUM	Not separately specified in the above figure

9. SBI Wealth

SBI Wealth is the wealth management platform of the State Bank of India.

It is designed to provide premium banking and investment services to affluent customers.

SBI has a major advantage over many independent wealth management companies because of its extensive banking network and established presence across India. SBI Wealth also provides relationship managers who help customers understand different investment opportunities and make informed financial decisions.

One of its biggest strengths is its ability to reach customers in different cities, including locations where private wealth management firms may have a limited physical presence.

Business Performance:

Financial Metric	FY2025–26
Wealth Management Customers	Approximately 4.64 lakh
Investment Potential Identified	Approximately ₹2.4 lakh crore
Number of Wealth Hubs	345
Number of Relationship Managers	More than 2,100

10. Shriram Wealth

Shriram Wealth is another growing name in India’s wealth management industry.

The company benefits from the established Shriram Group and its association with the international financial services group Sanlam.

The company focuses on providing personalised solutions based on the financial goals and requirements of its customers. One of its major strengths is its extensive distribution reach and established customer relationships through the wider Shriram ecosystem.

Business Performance:

Total Assets	More than ₹3.69 lakh crore
Total Customer Base	More than 2.9 crore
Reporting Period	Mar-26
Net Income (Wealth Management Division)	Not separately disclosed

Comparison of the Top 10 Wealth Management Companies in India

The following table provides a quick comparison of the companies and their latest available financial or business figures.

Company	Key Financial / Business Figure
360 ONE WAM	PAT: ₹1,225 crore
Nuvama Wealth	PAT: ₹1,040 crore
Anand Rathi Wealth	PAT: ₹386 crore
Motilal Oswal Private Wealth	PAT: ₹368 crore
Prudent Corporate Advisory	PAT: ₹222 crore
HDFC Bank Wealth	AUM: Nearly ₹7 lakh crore
Axis Bank Burgundy	Wealth assets: ₹6.78 lakh crore
Kotak Private Banking	Bank-wide customer AUM: ₹8.14 lakh crore
SBI Wealth	4.64 lakh wealth customers
Shriram Wealth	Assets: ₹3.69 lakh crore+

Conclusion

The wealth management industry in India has developed significantly over the past few years. Growing financial awareness, increasing household wealth and demand for professional investment guidance have created opportunities for several companies.

Firms such as 360 ONE WAM, Nuvama Wealth Management, Anand Rathi Wealth, Motilal Oswal Private Wealth and Prudent Corporate Advisory have established strong positions through their investment services and advisory capabilities.

At the same time, established banks such as HDFC Bank, Axis Bank, Kotak Mahindra Bank and SBI offer wealth management services backed by their extensive banking networks.

Shriram Wealth is also expanding its presence through its established financial services ecosystem.

Each company has its own strengths, customer segments and investment offerings. Some primarily focus on wealthy families, while others serve retail investors through large distribution networks.

Ultimately, the right wealth management company depends on an individual’s financial requirements, investment objectives and expectations from an advisor. Before selecting any provider, investors should compare its services, fees, investment approach and regulatory credentials.

Frequently Asked Questions (FAQs)

1. What is wealth management?

Wealth management helps people manage, grow and protect their money.

2. Which are the top wealth management companies in India?

360 ONE WAM, Nuvama, Anand Rathi Wealth, Motilal Oswal and HDFC Bank are among the leading companies.

3. Which is the largest wealth management company in India?

It depends on the measurement, such as AUM, revenue or client assets.

4. What services do wealth management companies provide?

They offer investment planning, portfolio management, mutual funds and financial advisory services.

5. Who can use wealth management services?

Individuals, professionals, business owners and wealthy families can use these services.

6. What does AUM mean?

AUM stands for Assets Under Management, which represents the total value of managed investments.

7. How do wealth management companies earn money?

They earn through advisory fees, commissions and investment management charges.

8. Is wealth management only for rich people?

No, many companies also provide financial services to middle-income investors.

9. Is wealth management safe in India?

It is regulated, but investment returns are not guaranteed.

10. What is private wealth management?

It provides personalised financial and investment services to wealthy individuals and families.

11. What is the role of a wealth manager?

A wealth manager helps clients plan investments and achieve their financial goals.

12. Why is wealth management growing in India?

Rising incomes, investment awareness and growing wealth are driving industry growth.

13. What is the difference between wealth management and financial planning?

Financial planning focuses on financial goals, while wealth management covers broader investment and wealth-related services.

14. How do I choose a wealth management company?

Compare its reputation, fees, services, experience and regulatory credentials.

15. Do wealth management companies guarantee returns?

No, investment returns depend on market conditions and investment risks.