Cross-border wealth management advisory for Global Indians
The Opportunity
Wealthy Indians with assets, income, and family spread across multiple countries struggle to get consistent financial advice that works across different markets and tax rules. Banks treat them as separate customers in each country, forcing them to piece together their financial life manually. A specialized advisory service can connect their global finances into one coherent plan.
Market Size
₹8,500 Cr addressable market annually — covering wealth management fees from 5 lakh+ Global Indian families with average ₹1.7 Cr assets each
Business Model
Start as a boutique advisory firm offering tax-optimized wealth planning, investment coordination, and cross-border compliance for Indian expats and NRIs earning ₹1 Cr+ annually. Charge 0.75-1.5% annual fee on assets under advice.
Asset-based advisory fees (0.75-1.5% AUM), transaction facilitation commissions (0.2-0.5%), cross-border tax & legal documentation services (₹2-5 lakh per client annually)
Your 30-Day Action Plan
Register as a Category II Investment Advisor with SEBI (₹5 lakh application + legal support). Simultaneously, map 10-15 Global Indian contacts earning ₹1 Cr+ with overseas assets for pre-launch interviews.
Partner with a cross-border tax consultant and a Mumbai-based international law firm to build advisory IP. Document 3-4 case studies showing tax savings or simplification for sample clients.
Build a basic website and LinkedIn presence. Create a 15-minute explainer video in Hindi + English showing how you solve multi-country asset fragmentation. Soft-launch to your contact list.
Close first 3-5 clients on a 0.75% AUM basis. Conduct detailed financial deep-dives and deliver first 30-day action plans (visa planning, tax restructuring, investment rebalancing).
Compliance & Regulatory Angle
Must register as Category II Investment Advisor with SEBI (₹5 lakh one-time fee, annual compliance audit required). GST registration as a professional service (18% GST on advisory fees). Tie-ups with tax consultants and legal advisors help you stay compliant on cross-border reporting (FATCA, FBAR for US-based clients). Consider E2 or EB-5 visa partnerships for US-based Global Indians.
Ready to Act on This Opportunity?
Generate a 7-step execution plan — validate the market, build the MVP, model the financials, map the risks, and ship in 30 days.