Challenges in the India Wealth Management Market

Low Financial Literacy: Despite growing awareness, a significant portion of the population remains unaware of wealth management practices. Intense Competition: The influx of new players, including fintech startups, has intensified competition in the market. Regulatory Complexity: Adhering to evolving regulatory standards can be challenging for both new and established firms. Technology Integration: While digital adoption is growing, smaller firms often struggle to keep up with technological advancements.