Edelweiss Personal Wealth Advisory (EPWA), the wealth management and broking arm of the Edelweiss Group, one of India’s leading diversified financial services, today announced its growth numbers and discussed on its core philosophy towards customer first approach by empowering them with Unbiased Advisory and Superior Technology Solutions.
EPWA has grown by 63.5% in past three years and the growth of total assets under advice of the company’s wealth management business in FY 18 was 51.2 %.
For EPWA, Pune forms an important market as it sees increase in adoption of technology and the market has grown at over 39% in FY 18. The usage of mobile app by customers has also drastically increased especially among the millennial. Our app Edelweiss Mobile Trader (EMT) has seen a significant growth with over 148% across India and 129% in Pune in usage with customers investing/trading in FY18. Out of the overall usage in Pune, 36% of the customers are millennial.
Speaking more on the development, Rahul Jain, Head, Personal Wealth Advisory, Edelweiss, says, ‘Customer centricity is the core of our business. We always believe in profiling our customers first and offer them personalised solution that helps them in creating long term wealth irrespective of the behaviour of the market.’
EPWA believes in endowing its customer by offering sustainable solution to create long term wealth.
