Credit Suisse has launched its single family office service in India. The service is geared to strengthen the bank’s product portfolio to Ultra High Networth Individuals and High Networth Individuals in India and is tailored to meet the specific needs of large family-owned enterprises.
“Traditionally, wealth management firms in India have focused mainly on providing basic investment and advisory services to their clients. The rising wealth with large-business families has created a need for an offering that provides a comprehensive range of services for asset allocation, estate planning, corporate finance, administration management and philanthropy initiatives. The new service aims to address these needs,” the company statement added.