LGT, a private banking and asset management group, announces that it intends to offer wealth management services to Indian clients through its subsidiary LGT Wealth India, in order to expand its Asian footprint.
“Uniting our long-standing expertise in the management of large assets with our entrepreneurial approach has allowed us to grow continuously and sustainably. Combining the expertise of a global private bank with an experienced and tenured India specialist team, we are committed to supporting our clients in India and generating long-term sustainable value,” said HSH Prince Max von und zu Liechtenstein, Chairman, LGT.
LGT Wealth India, a portfolio manager registered with 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 cities across India, including Mumbai, Delhi, Chennai, and Bengaluru.
“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.
“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,” he added.
The LGT group, headquartered in Liechtenstein, manages $297.4 billion in assets for wealthy private individuals and institutional clients (as of 30 June 2022). The company claims to have over 4,500 employees and to be present in over 20 locations around the world. LGT has offices in Hong Kong, Singapore, Thailand, Australia, and India in Asia.
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