1) They are one of the leading non-bank wealth management services firms in India that caters to a large spectrum of clients through a mix of advisory, distribution, and technology solutions. They are one of the few wealth management companies in India that cater to clients across mass affluent, HNI as well as the Ultra HNIs through various solutions ranging from personal service to technology and Robo-advisory.

They carry out their business through three business verticals, namely;

a) Private Wealth Management (“PWM”)-

They provide wealth management solutions to their clients which include facilitating client investments in various financial instruments including but not limited to, mutual funds, debentures, structured products, and equity derivatives for the purpose of investment strategies. PWM vertical caters to the Ultra HNI and HNI segments of the clientele. The revenue-generating activities include distribution of mutual funds, sale of financial products, and investment advisory fees.

b) Digital Wealth Management (“DWM”)

The DWM vertical allows them to build an economically feasible wealth management model for services to the mass affluent market.

c) Omni Financial Advisors (“OFA”).

OFA is India’s leading tech platform for IFAs to service their clients and grow their business.

2) They are part of the Anand Rathi Group, founded by Mr. Anand Rathi and Mr. Pradeep Gupta in the year 1994
with a focus on stock-broking services and subsequently, has expanded into a diversified financial services
conglomerate in the country with a presence in segments, including non-banking financial services, wealth
management, stockbroking, investment banking, and insurance broking. The Anand Rathi Group has expanded
its geographical footprint and operates through 98 offices across India and the Middle East, which they service
through business associates and representative offices/associate companies.

3) The Asset under administration (AuA) of the company has jumped from.15,489 crore to Rs.18,121 crore between the end of FY18 and FY19. The number of wealth strategists has increased from 199 in the previous year to 234 at the end of last year.

Business Performance in 2018-19

a) During the financial year 2018-19, the total income of the company was at Rs. 280.6 crore as against Rs. 219.3 crore in the previous year recording a growth of 28%.
b) Incommensurate with an increase in revenue and total expenditure also increased by 26% from Rs. 147.97 crore in FY18 to Rs. 187.04 crore in FY19.
c) During the year under review, with much higher growth in revenue versus expenditure, company’s before tax increased nearly 31 % to Rs.95.5 crore and profit after tax by 29.62% to Rs. 65.2crore.
d) Total number of Financial Strategists has increased from 199 in March 2018 to 237 in March 2019.
e) Total asset under administration (AuA) has increased from Rs. 15,489 crore to Rs. 18121 crore between the end of FY18 and FY19.
f) During the year Three Off-site conducted (Including Two International Offsites).
g) No. Of relationships (active client families) has increased from 3235 as of 31 March 18 to 4208 as of 31 March 19.
h) Increase in team size increased from 392 as of 31 March 2018 to 572 as of 31 March 2019.

Business Performance in FY20-21