Estate Planning Services in India - Kotak Wealth Management When planning your Estate for preservation, management and succession various roles need to be taken on to carry out the necessary activities. Trust Versus Will Trust provides for management of the Estate during person’s lifetime and also provides for distribution and management of wealth post demise. Family Office Services in india - Kotak Wealth Management Created to meet the needs of Ultra High Net-worth Investors, Family Offices function as private wealth management advisory outfits. A Family Office is a comprehensive solution to manage your family’s financial and wealth affairs. Family Office proposition goes much beyond managing wealth. It provides solution for building, preserving and transferring family wealth and legacy. Key highlights of the Family Office are:
Range of Services For ultra high net-worth individuals - Kotak Wealth Management The scope of the Family Office is significantly broader than a pure investment advisory. In addition, it facilitates the provision of other value added services to provide a complete solution. This ensures that you, as a Family Office client have a single point contact for taking care of wealth, family and administrative needs. Diverse range of services for Ultra High Net-worth Individuals (UHNI) families: Wealth Advisory and Investment ServicesBanking and CreditEstate Planning Services*Consolidated ReportingReferral for Philanthropy ServicesProfessional, Taxation and Administrative ServicesConcierge Services Kotak offers Family Office Services.
Understanding Family Office - Kotak Wealth Management Over the years, Family Office Services have adapted to cater to the needs of wealthy families in search of expert financial planning advice. Here are some commonly asked questions to help you understand the Family Office better: What is a Family Office? Family Office is a private wealth management advisory service offered to ultra-high net worth investors to centralize focus and control over family finances, legal, tax and administration issues. It is an outsourced solution to manage the financial and investment affairs of affluent individuals or families. It works to provide the best solution for building, preserving and transferring family wealth.
Asset Allocation Process - Kotak Wealth Management The asset advisory service functions as a malleable structure, offering you the flexibility to take care of short term opportunities. Through a comprehensive investment process with a strategic plan in place, it makes room for tactical allocations to make the most of short term opportunities. Need for Tactical Allocation The concept of tactical allocation is to counteract the rigidity of a long term strategic asset allocation strategy. Asset Advisory Services - Kotak Wealth Management As an investor you may engage an investment firm to execute your transactions while you act in the advisory role. This transaction approach though rich in choice, is also a time intensive process requiring detailed follow up on the various asset classes and the products. In a transaction model, your portfolio has to be consistently balanced evaluating risk and return for every product.
Asset Advisory Services - Kotak Wealth Management The creation of an investment portfolio best suited to your needs arises from deep research and understanding of the various products available. You may have a fair idea of which asset classes and product types interest you, but you will need to further choose from various schemes under each product type and then execute them. Given the volume of choices available in the market, many investors appoint an investment firm to handle these activities.
Structured Investment Products - Kotak Wealth Management When formulating your investment strategy it is important to determine your risk profile and attitude towards risk, the volatility of asset classes and the risk return profile of the products at hand. For maximum benefits from the asset allocation process, you need: Access to a wide range of product offerings Support of an in-depth research team Superior means of executing transactions Portfolio Management Services in India - Kotak Wealth Management Your investment plans must be based on various insights. The main source for these insights will be from your risk profile and the understanding of which asset classes meet your return expectations. At this point, it is important to understand that different products play different roles in portfolio construction. If returns are one side of the story, risks are the other.
Asset Allocation Model - Kotak Wealth Management Asset Behavior - Portfolio Risk Portfolio risk arises from the variability in performance across various asset classes. Asset classes are by definition those securities which can be grouped by shared characteristics, law, regulation and their behavior in the market over time. Assets are classified by their risk and return behavior in any given market environment. Asset Allocation Practice
Wealth Management Plan & Risks - Kotak Wealth Management When a wealth plan is made, the first step is to assess your capacity for undertaking financial risk. The capacity for risk depends on your responsibilities, objectives, personality and many other variables. To gain this understanding, the first step is: The risk profile is an individual’s ability to assume financial risk as part of his/her investment portfolio. The reward in assuming higher risks lies in the possibility of generating higher returns.
Wealth Management Process in India - Kotak Wealth Management Before exploring investment strategies and planning, it is important to first gain an understanding of yourself and your needs. Basis this, your investment goals can be structured and the appropriate services can be employed to gather growth opportunities for your wealth. Understanding Investment Needs The following aspects will help you understand your investment needs better: