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Vrishank
Startups/VC/tech • 1y
Wealth management as a sector is really a hot sector to build in right now. More than 1 lakh 70 thousand people earned upwards of 1cr in FY2023, this number is estimated to reach 3.5L by FY2027 These 3.5L people want to create generational wealth, hence they seek a Financial advisor to manage their finances. But Financial advisors take a lot of fee and hence they are suitable for the Ultra rich only. The affluent middle class wants to create wealth too. But they have no one to help them out. Deffo a big opportunity for financial services startups targetting the affluent middle class people.
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