LGT unveils wealth operation in India

It has a presence in 14 cities across the country

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International private banking and asset management group LGT has strengthened its presence in Asia by offering wealth management services to clients in India through its Indian entity LGT Wealth India.

Majority owned by LGT Group, LGT Wealth India employs more than 200 staff and has a presence in 14 cities across India, including Mumbai, Delhi, Chennai and Bengaluru.

With LGT Wealth India, LGT is gaining a foothold in the Indian wealth management market and is further strengthening its Asia presence, including offices in Hong Kong, Singapore, Thailand, Australia and India.

Atul Singh, director and chief executive of LGT Wealth India, said: “Our aim is to offer a fresh approach to wealth management. The plan is simple: put our clients first by providing a transparent service, designed around what is right for them. We have attracted some of the industry stalwarts and best talent, drawing together in-depth experience across multiple asset classes.

“Our people have extensive wealth management experience gained at some of the world’s leading financial institutions. By working closely together, we can draw on our varied skills and knowledge, allowing us to treat each portfolio individually and meet the unique needs of every client.”

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