Wealthy Nivesh Celebrates Grand Opening Of Technology-Driven New Office In Goregaon, Mumbai

Wealthy Nivesh, a forward-thinking wealth management firm, proudly inaugurated its new office in Goregaon today. 

The event marked a significant milestone in the company’s journey of combining technology with personalised wealth management strategies. Attendees included esteemed clients, company employees, and key stakeholders, including the company’s Managing Directors, Ankit Garg and Aditya Gupta, along with Chief Service Officer Shrishti Sangal and Mr Sumanta Khan – senior fund manager at Edelweiss Mutual Fund. 

The new office will become a hub for innovation and client-centric financial solutions. 

Wealthy Nivesh was founded in December 2022, with a vision to introduce cutting-edge technology in the traditional world of wealth management. Since its inception, the firm has leveraged in-house algorithms to eliminate human biases and ensure a holistic analysis of Mutual Funds, Portfolio Management Services (PMS), and Alternative Investment Funds (AIF) across India. 

This blend of technology and deep subjective analysis has enabled Wealthy Nivesh to generate strong returns for clients while keeping risk management at the forefront of its approach.

Various clients had the chance to be at the new office launch and were able first to discuss ideas with Mr Sumanta Khan – senior fund manager at Edelweiss Mutual Fund. In this exclusive discussion, clients understood what goes behind the functioning of various funds against economic conditions. 

They also had a chance to have their queries solved, discuss, and contemplate various other opportunities that lay ahead in the market.

Wealthy Nivesh used the opportunity to recognize the contribution of the team members to this phenomenal growth. Employees across operations, business development, marketing, etc. were provided mementos for their exceptional contribution.

Sumanta Khan, fund manager at Edelweiss Mutual Fund – compared the growth of Wealthy Nivesh with the growth of India and said, “This is India’s time – for growth, for investments and profitability. I have been investing since 2006 and have seen major events (the fall of 2008 & 2020) and I assert that right now is the time to be in the market.”

A client asked about the importance of STPs and MD Ankit Garg explained the flow and working and how they can be beneficial for customers for generating regular income. He also talked about the cyclic nature of sector funds  -  “We took the best of all sectors funds and made a comparison, realising that over a long period, sector funds underperform the broader index”

The founding team, composed of Ankit Garg and Aditya Gupta as Managing Directors, Shrishti Sangal as Chief Service Officer, and Dr. Vikas Agarwal as Research Mentor, brings over 40 years of combined experience in managing wealth across India and global markets. 

Their leadership has been pivotal in the firm’s rapid growth, further reinforced by a recent $1 million funding round.

Wealthy Nivesh operates on the ethos of Trust, Simplicity, and Growth, ensuring that clients receive transparent, straightforward advice tailored to their unique financial goals. This commitment to trust is further solidified through a proprietary algorithm-driven approach, which ensures unbiased and data-backed financial guidance.

Key Differentiators of Wealthy Nivesh:

A comprehensive analysis incorporating both quantitative and qualitative frameworks ensures the best risk-mitigating strategies.

• Tailored financial strategies that align with client's risk appetite and financial goals.

• A multi-factor investment model aimed at delivering superior risk-adjusted returns.

• Proprietary technology-driven insights to offer unbiased, data-supported advice.

With its new office in Goregaon, Wealthy Nivesh aims to continue its mission of providing best-in-class wealth management services with a focus on growth, risk optimization, and delivering quantifiable returns to its clients.