If you thought Madoff scandal would serve as a reminder against buying shit financial services you thought wrong. Simply wrong. Sadly I know some of these ‘event managers’ , wealth managers, brokerage houses…and others who organize such functions. I also know many rich people who attend these functions as well as wannabes who attend them. […]
There are many questions being asked about the sebi vs. irda battle. If the fees paid to sebi / irda depends on the assets size, then it is obvious that both of them want a part of the wealth management pie. To most observers it was clear even in 2003-4 that by 2010-11 the assets […]
What will be the outcome of the Sebi ban on ULIPs? 1. The Life insurance industry even singly is far more stronger than SEBI. 2. Implication of (1) is most Chairmen of insurance companies can pick up the phone to a Central Cabinet minister, – and most of them can reach the Finance Minister or […]
Cholamandalam Investment and Finance Co. Ltd. (CIFCO) has done a great deal from the shareholders point of view. They had brought in DBS as a partner by issuing fresh shares to them at Rs. 140 a share. Now DBS has exited at Rs. 90 per share. It looks unfair on DBS but the relationship was […]
http://www.subramoney.com/personal-financial-planning-workshop If you belong to a category of people who mix personal relationships and business relationships, welcome to being an Indian! However there is a marked change happening – and there is no age group which is changing. Let me give you some examples. I deal with a person who heads training in a Wealth […]
If you have wondered how the ultra-rich manage their money, welcome to the world of Family offices! Family offices are private advisory firms that serve ultra-rich clients. When a client has a large amount of money to be managed and needs a full fledged infrastructure to do that – a banker, a Chartered Accountant to […]
I am a part of the team that does a column called “Portfolio Doctor” for Money Today magazine. This column is very popular – and the requests for being featured far, far exceeds the number of columns that can be carried. So here is what the editor of MONEY TODAY has to say about the […]