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@article{191293,
        author = {Prasad R},
        title = {Wealth Management in India: Trends, Challenges, and Future Directions},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {8},
        pages = {6186-6192},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=191293},
        abstract = {Wealth management in India has undergone a profound transformation over the past two decades, shaped by economic liberalisation, rising disposable incomes, financial market deepening, and rapid technological innovation. Once confined largely to traditional avenues such as gold, real estate, and fixed deposits, Indian wealth management has evolved into a sophisticated ecosystem encompassing portfolio management services, mutual funds, alternative investments, insurance planning, estate planning, and tax optimisation. This article examines the concept of wealth management in the Indian context, tracing its evolution, analysing current trends, and identifying key challenges faced by investors and wealth managers alike. It also explores the impact of digitalisation, regulatory reforms, and changing investor behaviour on the future of wealth management in India. By situating wealth management within India’s socio-economic and cultural landscape, the study highlights the growing importance of professional financial advisory services in achieving long-term financial security and intergenerational wealth transfer.},
        keywords = {Wealth management, Indian financial markets, Investment planning, Digital finance, Financial advisory.},
        month = {January},
        }