| | JUNE 20164Consultants Review | | June 20165Consultants ReviewVol 2 · Issue 5 - 3 · June 21 - 2016 Publisher & Editor Alok Chaturvedi Managing Editor Rachita Sharma GM-Sales & Marketing Rohit KumarEditorial Team Lithin Zacharia Saheli R Chowdhuri Shivali Sharma Akanksha Singh Vikesh Shet Group Art Director Ashok Kumar Sr. Visualiser Maitreyee Visualiser Vignesh KarthigaisamyAdvertisement Chander Shalini Kiran T : 080-43112102Delhi Ratnam Gupta T : 011-45992106editor@consultantsreview.com marketing@consultantsreview.comNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017 To subscribe: Circulation Manager Magendran Perumal T : 080-43112203subscription@consultantsreview.com Cover price Rs 100 per issue.Printed and Published By Alok Chaturvedi on Behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 And Published At No. 124, 2Nd Floor, Surya Chambers, Old Airport Road, Murigheshpalya, Bangalore-560017. Copyright © 2016 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Ihail from Jamshedpur, a small industrial town in Jharkhand. Needless to say, a couple of trips home are always a part of my yearly agenda. Every time I go back home, I am fascinated by how much my small town has been prospering. Two years back, while taking a walk through Jamshedpur, I saw a luxury car drive by. I was pleasantly surprised. The next day I saw a few more such high end expensive cars plying on the roads. And then it became a common occurrence. That is when it hit me; there is a misconception that it is only the premier cities in India that house most amount of individual wealth. However, the smaller cities are not far behind when it comes to individual wealth. The Indian wealth management industry has woken up to this reality and is capitalizing on the potential of the tier 2 and tier 3 cities. Some of the top wealth management consultants are working hard to expand their presence across the smaller Indian cities. The market has also seen a rise in the number of new players enter the market. These consultants are leveraging the conducive market atmosphere to gain a strong hold in the industry. The Indian wealth management market was the world's fastest growing wealth market in 2014. This growth has been largely spurred by rising personal income as well as a boom in e-commerce start-ups that has also attracted foreign investors. Kotak Wealth believes that the combined net worth of wealthy Indians to triple to about $6 trillion in the next five years. The future looks bright and promising for the Indian wealth management industry. Do let us know your thoughts.Editor's NoteSmall Towns Seat of Hidden WealthRachita Sharma Managing EditorConsultantsReview
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