“A word of caution. This is starting in India as well as clients become more matured n knowledgeable. I just want to caution professionals NOT to choose to move to Advisory firms who have internal products and who do not have strong and established investment teams with continuity; or else they will find themselves in even worse environments “ - Munish Randev “Wealth advisors domiciled within big private banks are finding their ability to deliver customized and responsive services to high-net-worth clients curtailed by more restrictive service models and proprietary product sets.” “While they may give up the backing of some of the biggest and most sophisticated financial services organizations in the world, Shipley says, the majority of advisors who make the jump find they are happier after the transition — as are their UHNW clients.” #investmentadvisor #multifamilyoffice #familyoffice #familybusiness #wealthmanagement ##privatebanking
CERVIN Family Office & Advisors Pvt. Ltd.’s Post
More Relevant Posts
-
Family Offices are becoming more important and in many cases more desirable as early-stage investors in the Global Venture ecosystem. If you are a #founder, an #investmentbank, a #venturesyndicate, an #accelerator, an #incubator, a #venturestudio and have interesting ideas in the early stages, do share them with us. #venturecapital #startups #startupfunding #familyofficeinvestments #earlystage #familyoffice #familybusiness
-
-
According to market research firm Canalys, Apple produced nearly 15 million iPhones in India in 2022, rising to 25 million last year, or about 12 per cent of all phones produced. In the first half of 2024, Apple produced at least 18 million phones in India and is projected to account for 23 per cent of its total production volume by the end of 2025. #India #makeinIndia #Apple #iphone #friendshoring #manufacturing #smartphones #economy
China no longer Apple of iPhone maker’s eye, as it shifts assembly to India
scmp.com
-
Massive amount of dry powder with Alternate Fund Managers…2024 has seen some faster deployments. @alternates #alternateinvesting #privatemarkets #privateequity #privatedebt #infrainvesting #familyoffice #cervinfamilyoffice
-
-
As inflation steadily rose in 2021 and 2022, and the Federal Reserve raised its target interest rate to counter that, family offices and other investors sold equities and invested more in fixed income, or sat on their cash. In 2023, as inflation began falling, family offices started cautiously reinvesting those war chests (the average family office portfolio had 12 percent in cash or equivalents in 2023) and Citi’s latest report shows that trend is continuing. All of the respondents had a net worth of at least $250 million but many are worth much more. While risk assets rose in the second quarter, family offices broadly continued to spend cash to allocate more to fixed income, equities, and to hedge funds, according to Citi’s latest survey. Family office fixed income flows were mixed across all four global regions with no clear preference. Meanwhile, their equity allocations tilted toward developed large cap companies. Offices in all regions except North America shrunk their allocations to small and mid cap stocks. Respondents’ exposures to emerging market stocks were down or flat. There was little activity related to commodities, an asset class that accounts for just a sliver (1 percent) of their portfolio. Link: https://lnkd.in/gscsHmHe #familyoffice #familyoffices #familywealth #familyofficeportfolios #familybusiness #portfolio #assetallocation #investing
-
-
As a global investor, if you do not have an "India Strategy" till now, you need to be worried, really. #India #Globaleconomy #Globalinvesting #Familyoffice #familyofficeadvisor #cervinfamilyoffice
-
-
Sotheby’s has reported an 88 per cent plunge in its core earnings and a 25 per cent decline in auction sales, as a chill in the art market hits one of the industry’s most famous brokers. The first-half figures at Sotheby’s main auction business reveal the extent of the financial pressure the group came under before it struck an investment deal with Abu Dhabi this month. Weaker luxury spending in China is among the factors weighing on demand for fine art and affecting both Sotheby’s and historic rival Christie’s. One of Sotheby’s marquee auctions fell short of expectations in May, when the winning bid for a Francis Bacon portrait of his lover George Dyer missed the low end of its $30mn-$50mn estimate. #art #artinvesting #artmarket #familyoffice #investinginart #artauction #alternateassets #cervinfamilyoffice
Sotheby’s earnings plunge as art market catches a chill
ft.com
-
Enough warnings and alerts have been given by the regulator… #wealthmanagement #familyoffice #investing #risk #riskintelligence
-
