IIFL Wealth Management

#4046

Rank

$2.11B

Marketcap

India

Country

Leadership team

Mr. Karan Bhagat (Founder, MD, Director & CEO)

Mr. Yatin Shah (Co-Founder, Joint CEO & Director)

Mr. Anirudha Taparia (Co-Founder & Joint CEO)

Products/ Services

Asset Management, Banking, Financial Services, Wealth Management

Number of Employees

500 - 1000

Headquarters

Mumbai, Maharashtra, India

Established

2005

Net Income

100M - 500M

Revenue

100M - 500M

Traded as

IIFLWAM.NS

Social Media

URL

https://www.iiflwealth.com

Overview

Location

Recognition and Award

References

Summary

IIFL Wealth Management Limited offers wealth and asset management services primarily in India. The company operates through Wealth Management and Asset Management segments. It offers wealth management products and services, such as financial product distribution, advisory, equity and debt broking, estate planning, financial products management, lending, and investment services. The company also asset management solutions, including mutual funds, alternative asset funds, portfolio management, and related services. It serves high net worth and ultra-high net worth individuals, family offices, and institutional clients. The company was incorporated in 2008 and is based in Mumbai, India.

History

IIFL Wealth was founded in 2008. It operated as a subsidiary of IIFL Holdings, a diversified publicly traded financial services company, backed by Fairfax Financial, until the demerger of the IIFL Group into three separately listed entities, one of which is IIFL Wealth.The equity shares of IIFL Wealth Management are listed on the Bombay Stock Exchange and National Stock Exchange of India.In December 2018, IIFL Wealth Management launched the IIFL Wealth Index 2018 series, in partnership with Wealth-X.

Mission

Our mission is to create unique and rewarding financial solutions that help our clients achieve their long-term financial goals and take advantage of opportunities in the emerging markets.

Vision

Our Vision is to be the go-to financial solutions provider in India, providing innovative and tailored services to our clients, with uncompromising integrity and highest standards of customer service.

Key Team

Mr. Sanjay Wadhwa (Chief Fin. Officer)

Mr. Anshuman Maheshwary (Chief Operating Officer)

Mr. Ronak Ramesh Sheth (Sr. Exec. VP of Marketing & Client Experience)

Ms. Santoshi Kittur (Chief Technology Officer)

Mr. Navin Upadhyaya (Chief Human Resource Officer)

Mr. Sandeep Joshi (Sr. Exec. VP of Legal)

Mr. Rohit Shriniwas Bhase (Company Sec. & Compliance Officer)

Recognition and Awards

Some of the awards that IIFL Wealth Management has won over the years include Best Broker Award by CNBC-TV18 Financial Advisor Awards in 2012, Best Advisor Award by Morning Star Investment Adviser Awards in 2012, and Best Wealth Management Award by CNBC-TV18 Financial Advisor Awards 2013.