Pooja Shankar Pujari, Kashibai Amrut Pujari, Shankar Amrut Pujari and Shreedhar Digambar Joge
This research paper delves into the concept of wealth management, its significance, and the various investment avenues available to individuals seeking financial growth and security. The study explores the evolving landscape of wealth management, the role of financial planners and wealth managers, the impact of life and wealth cycles, and the different types of asset allocation. The paper also examines the challenges and opportunities of wealth management in India, highlighting key players in the industry. Furthermore, the research employs a mix of primary and secondary data to analyze the awareness and knowledge levels among individuals regarding wealth management and investment options. The findings provide insights into the preferences, risk tolerance, and factors influencing investment decisions. The paper concludes by discussing potential disruptions in the wealth management sector and proposes considerations for adapting to changing market dynamics.
Keywords: Wealth management, investment avenues, financial planning, asset allocation, risk profiling, equity market, mutual funds, life insurance etc.
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