ASK group launches financial planning services in South

Chennai, Sep 11 (UNI) ASK Group, a leading financial conglomerate and pioneer in institutional research and portfolio management services, today announced that it would expand its business operations in South India.

Talking to reporters here, ASK Group Director Sameer Koticha said ''our company will provide customised solutions and end-to-end (advisory and execution) services to high net worth individuals, families and trusts across southern region of the country.'' The company would launch operations in Hyderabad and Pune by next month, he said, adding that it had started operations in Chennai, Bangalore, Coimbatore and Visakhapatnam.

Mr Koticha said ''the company will be using a unique six-step approach to financial planning to help clients meet their life goals through proper management of finances.'' It was adopting an open product/solutions architecture, offering a wide range of investment solutions across all asset classes, including mutual funds, equity and IPO advisory, portfolio management services, real estate, art and structured products and private equity investments, fixed income/debt investments, risk management (life and general insurance) coupled with cash low management.

Noting the growth of wealth advisory business, he said India, a trillion Dollar economy with sustainable long-term growth, had more than 100,000 millionaires in Dollar terms, which was increasing by 15 per cent every year.

UNI