NRI Wealth Management Services

NRI WEALTH MANAGEMENT SERVICES

At NRI Wealth Management Services, it is our constant endeavour to provide the NRIs the highest standards of services with a view to building lasting and trusting relationships.

This booklet is divided in two parts to help you to get an idea of range of Wealth Management Services offered exclusively for NRIs having existing wealth in India and to those aspiring to create wealth in their land of origin.

NRI WMS is a specialized Wealth Management Service, set up by knowledge and experienced professionals with credible background modeled around the concept of ‘family office’. NRI WMS comprises of a dedicated team which includes financial analysis, investment advisors, property consultants, lawyers, accountants, tax consultants, attorneys and management graduates. At NRI WMS they assume role of Wealth Managers to the client.

NRI WMS exclusively caters to two categories of Non Resident Indians. Firstly to NRIs, who have existing wealth back home in India by way of moveable and immovable assets. The division virtually acts as a family office and an Indian representative to NRIs, to assist them in their wealth in the most professional and hassle free manner.

Secondly, to NRIs, who are desirous of creating wealth in India in movable and immovable assets NRI MWS acts as an advisor in selecting the right product/product mix, in both categories of assets. NRIs in this category can further avail of first category of services after having invested

EXISTING WEALTH HOLDERS

Movable

PART – I Moveable Assests (Listed)

• Bank Accounts ( NRO, NRE, FCNR, NRNR etc)
• Bank Fixed Deposits
• Shares (Equity) in Indian Companies
• Bonds
• Debentures
• Mutual Funds
• Corporate Deposits
• Loans given
• Cash retention with friends/ relatives
• Annuity contributions
• Life Insurance Policies
• Other paper investments
• Jewellery
• Vehicles
• Any other

Immovable Assets

PART – I Immovable Assets (Listed)

• Residential Premises

  • Independent Houses

  • Villas

  • Bungalows

  • Apartments

  • Floor constructions

  • Flats

  • Society flats/apartments

  • Farmhouses

• Farm Lands

• Commercial Buildings

• Commercial Flats

• Industrial Sheds

• Industrial Plots

• Shop establishments

• Shared/ joint holdings in any of the above.

PROSPECTIVE INVESTORS

Movable

PART – II Moveable Assets (Listed)

NRI WMS acts as Investment advisor to aspiring NRIs who look towards India as an investment destination. A team of dedicated and professional investment experts study the investor’s requirements and advice on options available. The product range includes:-

• Bank account opening (NRO, NRE, FCNR, NRNR, etc)

• Government Treasury Bonds

• Mutual Funds (Debt)

• Mutual Funds (Balanced)

• Mutual Funds (Equity)

• Company Deposits

• Post Office Schemes

• Retirement Plans

• Public Sector bonds/ Investment

• Stocks

Immovable Assets

PART – II Immovable Assets (Objects)

NRI WMS has a wide network & data base for prospective investors desirous of investing in Real Estate. The objective(s) could be:-

• Investment for capital appreciation

• Income generation by letting out

• Revenue from farm produce

• Purchase/Construction of dwellings for later years

Movable

Wealth Management Services Free (Pricing Model)

PART I – EXISTING WEALTH HOLDERS

• The NRI WMS operates on a revenue model based on percentage of wealth being managed or USD 2100, whichever is higher, is charged for the services.

PART – II Immoveable Assets (prospective Investors)

Advisory and coordination fee of 1% of the budgeted value of the property investment is charged. However, in cases where transaction/ deal does not materialize 0.50 % of the fee is refunded to the client.

GENERAL TERMS

• The fee is payable in advance at the time of signing of the contract.

• The fee paid is non-refundable, except for PART II – IMMOVABLE ASSETS where the transaction / deal does not materialise

• The contract is renewable on the same date in the following year. The fee is revised upwards/ downwards on the basis of fresh market value assessment of the assets.

• All reasonable tangible out of pocket expenses ( e.g. brokerages and commissions, cost of stamp papers, valuation reports, couriers, special on demand visits) shall be reimbursable separately. Prior approval is obtained from the client before incurring such expense.

• No commissions are paid/ shared with the client on any recommended investments made through NRI WMS.

• The fee can be paid in cash, through cheques, bank drafts or wire transfers.

• The fee is acceptable in USD, GBP or EURO.

Add Ons

The NRI WMS also provides to the clients the following additional services not covered as of standard WMS package:-

• Business Advisory

• Company Incorporation

• Trust formation

• Firm formation

• Govt. Registrations

• Accounting services

• Company Secretarial services

• Cost evaluations

• Business Set up assistance

• House keeping services