{"id":33585,"date":"2024-10-25T14:07:16","date_gmt":"2024-10-25T08:37:16","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2024\/10\/25\/spark-private-wealth-management-surpasses-inr-25000-crores-in-aum-and-aua\/"},"modified":"2024-10-25T14:07:16","modified_gmt":"2024-10-25T08:37:16","slug":"spark-private-wealth-management-surpasses-inr-25000-crores-in-aum-and-aua","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2024\/10\/25\/spark-private-wealth-management-surpasses-inr-25000-crores-in-aum-and-aua\/","title":{"rendered":"Spark Private Wealth Management Surpasses INR 25000 Crores In AuM and AuA"},"content":{"rendered":"<div>\n<p dir=\"ltr\"><strong>Mumbai (Maharashtra) [India], October 25:\u00a0<\/strong> Spark PWM Private Limited and Asset Management have reached \u00a0INR 25,000 Crores (USD 3.3 billion) in Assets under Management &amp; Advisory (AuM &amp; AuA). This positions Spark Private Wealth Management among the fastest-growing wealth management firms in the country.<\/p>\n<p dir=\"ltr\">\u201cCrossing the INR 25,000 Crores milestone represents more than just numbers \u2013 it reflects our valued clients\u2019 deep trust in us to manage and grow their wealth. Our focus remains on understanding client needs and delivering appropriate investment strategies that align with their financial goals,\u201d said Arpita Vinay, Managing Director &amp; Co-CEO.<\/p>\n<p dir=\"ltr\">Reaching INR 25,000 Crores (or ~USD 3.3 billion) in AuM &amp; AuA in a short period demonstrates the organizations\u2019 robust growth trajectory and their ability to navigate diverse market conditions while consistently delivering value to their clients. This growth has been particularly noteworthy given the dynamic market environment of recent years. The company\u2019s\u00a0 growth is based on three core principles:<\/p>\n<ul>\n<li dir=\"ltr\">Client-first approach<\/li>\n<li dir=\"ltr\">Personalized wealth solutions<\/li>\n<li dir=\"ltr\">Leveraging the integrated capabilities of the Group<\/li>\n<\/ul>\n<p dir=\"ltr\">\u201cThis milestone reinforces our position in India\u2019s wealth management sector. As part of the integrated Spark Capital platform, we will continue to leverage our deep market expertise and comprehensive solutions to serve our clients\u2019 evolving needs,\u201d said Y. Rama Rao, Managing \u00a0Director, Spark Capital.<\/p>\n<p dir=\"ltr\"><strong>About Spark PWM<\/strong><\/p>\n<p dir=\"ltr\">Spark PWM Private Limited (formerly known as Spark Family Office and Investment Advisors \u00a0(India) Private Limited) is a subsidiary of Spark Capital Advisors (India) Limited. The company extends the core DNA of Spark Capital \u2013 Knowledge, Integrity, Trust &amp; Transparency \u2013 to help \u00a0Affluent Families, Business Owners \/ Promoters, Family Offices, New Age Entrepreneurs and \u00a0CXOs to navigate a world full of opportunities and risks. Spark PWM offers products and services designed to help them seamlessly create, preserve, and transition their wealth across their generations. The offerings are backed with a robust Investment Policy Framework which is supported by research and superior execution to pick future winner ideas well ahead of our competition.<\/p>\n<p dir=\"ltr\">Media Contact:<\/p>\n<p dir=\"ltr\">Aashish Mudbidri<\/p>\n<p dir=\"ltr\">Group Head \u2013 Branding &amp; Corporate Communications<\/p>\n<p dir=\"ltr\">Email id: aashish.m@sparkcapital.in<\/p>\n<p dir=\"ltr\">Phone: +919920244055<\/p>\n<p dir=\"ltr\">For essential disclosures regarding Spark PWM Private Limited,<\/p>\n<p dir=\"ltr\">Visit: \u00a0https:\/\/sparkadvisors.in\/regulatory<\/p>\n<p dir=\"ltr\"><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], October 25:\u00a0 Spark PWM Private Limited and Asset Management have reached \u00a0INR 25,000 Crores (USD 3.3 billion) in Assets under Management &amp; Advisory (AuM &amp; AuA). This positions Spark Private Wealth Management among the fastest-growing wealth management firms in the country. \u201cCrossing the INR 25,000 Crores milestone represents more than just numbers&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2024\/10\/25\/spark-private-wealth-management-surpasses-inr-25000-crores-in-aum-and-aua\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Spark Private Wealth Management Surpasses INR 25000 Crores In AuM and AuA&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":33586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-33585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/33585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=33585"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/33585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/33586"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=33585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=33585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=33585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}