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Thursday, 03 December 2020

Latest News for: Manage wealth

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Roshni Nadar is India’s richest woman in 2020: Kotak Wealth Hurun study

Business Line 03 Dec 2020

With a wealth of ₹54,850 crore, HCL Technologies Chairperson Roshni Nadar Malhotra is the richest woman in India for 2020, followed by Biocon Founder and Managing Director Kiran Mazumdar-Shaw with a networth of ₹36,600 crore ... Management at Kotak Mahindra Bank said.SELF-MADE WOMAN....

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HCL Tech's Roshni Nadar Malhotra is wealthiest Indian woman. Here's full list

The Times of India 03 Dec 2020

A new study by Hurun India, in association with Kotak Wealth, has named top 100 women wealth creators and leaders, which included many self made business entrepreneurs, start-up founders and professional managers. The cumulative wealth of women wealth creators on the list stood at Rs 2,72,540 crore, the report said....

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The Zodiac signs of India's richest Women

Sify 03 Dec 2020

Wealth tracker Hurun India and Kotak Wealth Management compiled a report of 100 wealthy women and found their cumulative wealth at Rs 2,72,540 crores. A Whopping 23 percent of this wealth was attributed to Zodiac Signs Cancer (12%) and Scorpio (11%) ... Based on available data, Cancer seems to be the Zodiac sign of wealth....

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Australian firm to buy Kansas-based Waddell & Reed

Caledonian Record 03 Dec 2020

(AP) — Waddell & Reed Financial, a Kansas investment and wealth management company, will be sold to an Australian firm for $1.7 billion ... Macquarie plans to sell Waddell & Reed’s wealth management platform to Boston's LPL Financial ......

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Photos: These are India's 10 richest women

Yahoo Daily News 03 Dec 2020

A total of 31 women in the list of 100 having a net worth of at least Rs 100 crore, prepared by Hurun India and Kotak Wealth, are 'self-made', it said ... Renu Munjal , former Executive Director of Hero MotoCorp and current Managing Director of Hero FinCorp, ranks seventh on the list, with an estimated wealth of Rs 8,690 crore....

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Common wealth planning mistakes and how to avoid them

Independent online (SA) 03 Dec 2020

Not managing your trust properly ... In wealth creation there are various taxes to be aware of, therefore it is much safer to ensure that your long-term goals are met by structuring your estate and family wealth in a way that meets your goals and, thereafter, find ways to manage your wealth in a more cost- and tax efficient manner....

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Nomura to hire 100 for Asia wealth, fixed income expansion

Straits Times 03 Dec 2020

HONG KONG (BLOOMBERG) - Nomura Holdings is on a hiring spree to bolster its wealth and fixed income businesses in Asia, key areas for growth at Japan's biggest securities firm after its latest cost-cutting drive ... In wealth management, the hires will be for Greater China and South-east Asia, where about half of this year's additions are based....

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HCL's Roshni Nadar Malhotra tops Kotak Wealth's list

Beijing News 03 Dec 2020

For India to achieve its aspirational target to be a US$5 trillion economy by 2025, women will continue to play a crucial role as wealth creators in order to achieve that goal," Oisharya Das, CEO - Wealth Management, Kotak Mahindra Bank said in a statement ... "The average wealth of the women on this list is about Rs 2,725 crore....

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HCL's Roshni Nadar Malhotra tops Kotak Wealth-Hurun's list of 'Leading Wealthy Women'

Yahoo Daily News 03 Dec 2020

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Lloyds poaches its new boss from HSBC

Moneyweek 03 Dec 2020

Lloyds shouldn’t assume that boosting sales by expanding wealth management services is a surefire route to success, says Lex in the Financial Times ... a lot more money from it given that fees in the industry are in long-term decline and top-quality wealth managers “remain costly”....

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Qualified Plan Advisors to Purchase Retirement Practice of First National Bank of Omaha

The Marshall News Messenger 03 Dec 2020

Prime Capital Investment Advisors provides a client-centric team approach to full-service financial planning, including fee-based asset management and wealth management through its Prime Capital Wealth Management brand ... PCIA doing business as Qualified Plan Advisors (“QPA”) and Prime Capital Wealth Management (“PCWM”)....

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Fisdom raises $7 mn in funding from PayU, others

Yahoo Daily News 03 Dec 2020

New Delhi, Dec 3 (PTI) Fisdom, a wealth-tech company, on Thursday said it has raised USD 7 million (about Rs 51.7 crore) in funding led by PayU ... Anirban Mukherjee, CEO of PayU India, said Fisdom has grown into a leading digital wealth management platform and has created a demand for its services in the market....

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[Funding alert] Wealthtech startup Fisdom raises $7M led by PayU

Your Story 03 Dec 2020

Founded by Subramanya and Anand Dalmia, Fisdom is a wealth management platform that provides solutions across savings, protection, and investment ... “Fisdom has grown into a leading digital wealth management platform and has created a demand for its services in the ......