Latest news with #MarcellusInvestment
India Gazette
4 days ago
- Business
- India Gazette
Despite high income, HNIs in India struggle with financial goals like retirement planning, children's education: Report
New Delhi [India], June 5 (ANI): Despite India's booming economy and a strong bull run in the markets, a large number of High Net-Worth Individuals (HNIs) in India are falling short of achieving their financial goals. The 'India Wealth Survey 2025,' conducted by Marcellus Investment and Dun & Bradstreet, revealed a worrying picture of limited savings, heavy debt burdens, and lack of financial planning among wealthy individuals. The report said, 'In spite of a record-breaking bull run, Indian HNIs remain frustrated by their limited success'. As per the survey report, one of the key takeaways is that many HNIs, despite high incomes, are not saving enough. About 43 per cent of HNIs are saving less than 20 per cent of their post-tax income, and the issue is worse among those aged between 30 to 45, half of whom fall into this category. Additionally, 4 out of 10 HNIs reported having at least one active loan, and among the younger group (30-45 years), 50 per cent are burdened with loans. This financial stress is limiting their ability to plan for major life goals like retirement, children's education, or home purchases. The survey, which covered 465 respondents across metro, Tier 1 and Tier 2 cities, focused on individuals over the age of 30 with post-tax incomes above Rs 20 lakh annually. The report showed that HNIs have high aspirations, 75 per cent aim to fund their children's education and marriage, 40 per cent wish to buy a house or start a business, and many desire early retirement. However, only a few have a structured financial plan in place. It also highlighted that real estate continues to dominate asset allocation, with over half of HNIs having more than 20 per cent of their wealth in property (excluding their primary residence), while only a third have the same proportion in equities. A significant 14 per cent do not maintain any emergency fund, and nearly a quarter are not familiar with global investing. While 87 per cent of HNIs depend on external financial advisors, a worrying two-thirds of them are unhappy with the advice they receive. Many complain that advisors push products for commissions, don't offer personalized advice, and fail to explain the rationale behind investment choices. The report stated, 'The advisor doesn't fully understand my needs, and their recommendations are not tailored to my unique situation.' Encouragingly, 82 per cent of HNIs believe that professional financial planning can help them better achieve their goals. They seek advisors who can offer personalized asset allocation based on their specific goals and risk tolerance, assist with planning major life events, and provide unbiased and transparent advice. To address these issues, the report proposed a three-step solution, free personalized goal planning and asset allocation, access to diversified portfolios (including global equities), and continuous handholding and support throughout the investment journey. The report painted a clear picture: HNIs in India need to save more, diversify better, and seek reliable, personalized financial advice to turn their aspirations into achievable goals. (ANI)
Time of India
5 days ago
- Business
- Time of India
In booming bull market & high-flying economy, it's the high & mighty that are coming up short
In what might sound like a major anomaly, in a high-flying economy bolstered by a booming bull market, it's the high & mighty that are coming up short. Even as the Indian economy flourishes and the stock market witnesses a bull run for the ages, many high net-worth individuals (HNIs) seem to be struggling to meet their financial aspirations, a new survey has found. In essence, the "India Wealth Survey 2025," conducted by Marcellus Investment and Dun & Bradstreet, has revealed things that are hard to associate with the rich in an economy like India's. Limited savings, heavy debt Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The survey highlights that a significant portion of HNIs are falling short when it comes to saving. Surprisingly, 43 per cent save less than 20 per cent of their post-tax income. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo This becomes even more pronounced among those aged between 30 and 45, with half of this group saving insufficiently. The survey also reported that nearly 40 per cent of HNIs have at least one active loan, placing financial strain on their ability to plan for crucial life events, such as retirement or children's education. Live Events High hopes, poor planning Despite their wealth, many HNIs have ambitious goals. Seventy-five per cent express a desire to fund their children's education or marriage, while 40 per cent aspire to purchase a home or start a business. However, the survey indicates that few of these individuals possess a structured financial plan to realise these dreams. Furthermore, over half of HNIs allocate more than 20 per cent of their wealth to real estate (excluding their primary residence), yet only a third invest similarly in equities. Lack of useful advice A concerning finding of the survey is that 14 per cent of HNIs do not maintain an emergency fund, and nearly a quarter are unfamiliar with global investing. While 87 per cent of HNIs rely on external financial advisors, two-thirds express dissatisfaction with the advice they receive. Many feel that their advisors promote products for commissions rather than providing tailored, insightful recommendations. One respondent told the surveyor, "The advisor doesn't fully understand my needs, and their recommendations are not tailored to my unique situation." A three-step solution Despite these challenges, an encouraging 82 per cent of HNIs believe that professional financial planning could help them achieve their financial goals more effectively. They seek advisors who can offer personalised asset allocation reflecting their specific goals and risk tolerance, assist in planning major life events, and deliver unbiased advice. To address the issues highlighted in the survey, a three-step solution has been proposed: free personalised goal planning and asset allocation, access to diversified portfolios that include global equities, and continuous support throughout the investment journey. In a nutshell, the survey underscored the urgent need for HNIs in India to save more, diversify their investments, and seek reliable, personalised financial advice. Only by doing so can they hope to turn their aspirations into reality, it said.
Economic Times
5 days ago
- Business
- Economic Times
In booming bull market & high-flying economy, it's the high & mighty that are coming up short
Getty Images Over half of HNIs allocate more than 20 per cent of their wealth to real estate (excluding their primary residence), yet only a third invest similarly in equities. In what might sound like a major anomaly, in a high-flying economy bolstered by a booming bull market, it's the high & mighty that are coming up short. Even as the Indian economy flourishes and the stock market witnesses a bull run for the ages, many high net-worth individuals (HNIs) seem to be struggling to meet their financial aspirations, a new survey has found. In essence, the "India Wealth Survey 2025," conducted by Marcellus Investment and Dun & Bradstreet, has revealed things that are hard to associate with the rich in an economy like India's. The survey highlights that a significant portion of HNIs are falling short when it comes to saving. Surprisingly, 43 per cent save less than 20 per cent of their post-tax becomes even more pronounced among those aged between 30 and 45, with half of this group saving survey also reported that nearly 40 per cent of HNIs have at least one active loan, placing financial strain on their ability to plan for crucial life events, such as retirement or children's education. Despite their wealth, many HNIs have ambitious goals. Seventy-five per cent express a desire to fund their children's education or marriage, while 40 per cent aspire to purchase a home or start a the survey indicates that few of these individuals possess a structured financial plan to realise these over half of HNIs allocate more than 20 per cent of their wealth to real estate (excluding their primary residence), yet only a third invest similarly in equities.A concerning finding of the survey is that 14 per cent of HNIs do not maintain an emergency fund, and nearly a quarter are unfamiliar with global 87 per cent of HNIs rely on external financial advisors, two-thirds express dissatisfaction with the advice they feel that their advisors promote products for commissions rather than providing tailored, insightful respondent told the surveyor, "The advisor doesn't fully understand my needs, and their recommendations are not tailored to my unique situation."Despite these challenges, an encouraging 82 per cent of HNIs believe that professional financial planning could help them achieve their financial goals more effectively. They seek advisors who can offer personalised asset allocation reflecting their specific goals and risk tolerance, assist in planning major life events, and deliver unbiased address the issues highlighted in the survey, a three-step solution has been proposed: free personalised goal planning and asset allocation, access to diversified portfolios that include global equities, and continuous support throughout the investment journey. In a nutshell, the survey underscored the urgent need for HNIs in India to save more, diversify their investments, and seek reliable, personalised financial advice. Only by doing so can they hope to turn their aspirations into reality, it said.
Mint
5 days ago
- Business
- Mint
Despite high income, HNIs in India struggle with financial goals like retirement planning, childrens education: Report
New Delhi [India], June 5 (ANI): Despite India's booming economy and a strong bull run in the markets, a large number of High Net-Worth Individuals (HNIs) in India are falling short of achieving their financial goals. The "India Wealth Survey 2025," conducted by Marcellus Investment and Dun & Bradstreet, revealed a worrying picture of limited savings, heavy debt burdens, and lack of financial planning among wealthy individuals. The report said, "In spite of a record-breaking bull run, Indian HNIs remain frustrated by their limited success". As per the survey report, one of the key takeaways is that many HNIs, despite high incomes, are not saving enough. About 43 per cent of HNIs are saving less than 20 per cent of their post-tax income, and the issue is worse among those aged between 30 to 45, half of whom fall into this category. Additionally, 4 out of 10 HNIs reported having at least one active loan, and among the younger group (30-45 years), 50 per cent are burdened with loans. This financial stress is limiting their ability to plan for major life goals like retirement, children's education, or home purchases. The survey, which covered 465 respondents across metro, Tier 1 and Tier 2 cities, focused on individuals over the age of 30 with post-tax incomes above ₹ 20 lakh annually. The report showed that HNIs have high aspirations, 75 per cent aim to fund their children's education and marriage, 40 per cent wish to buy a house or start a business, and many desire early retirement. However, only a few have a structured financial plan in place. It also highlighted that real estate continues to dominate asset allocation, with over half of HNIs having more than 20 per cent of their wealth in property (excluding their primary residence), while only a third have the same proportion in equities. A significant 14 per cent do not maintain any emergency fund, and nearly a quarter are not familiar with global investing. While 87 per cent of HNIs depend on external financial advisors, a worrying two-thirds of them are unhappy with the advice they receive. Many complain that advisors push products for commissions, don't offer personalized advice, and fail to explain the rationale behind investment choices. The report stated, "The advisor doesn't fully understand my needs, and their recommendations are not tailored to my unique situation." Encouragingly, 82 per cent of HNIs believe that professional financial planning can help them better achieve their goals. They seek advisors who can offer personalized asset allocation based on their specific goals and risk tolerance, assist with planning major life events, and provide unbiased and transparent advice. To address these issues, the report proposed a three-step solution, free personalized goal planning and asset allocation, access to diversified portfolios (including global equities), and continuous handholding and support throughout the investment journey. The report painted a clear picture: HNIs in India need to save more, diversify better, and seek reliable, personalized financial advice to turn their aspirations into achievable goals. (ANI)
Time of India
21-04-2025
- Business
- Time of India
'Effectively the death of salaried employment': Marcellus Investment CEO Saurabh Mukherjea's big warning on white collar jobs
Marcellus Investment CEO Saurabh Mukherjea (File photo from Marcellus website) White-collar employment , long considered the backbone of India's growing middle class, is undergoing a significant decline, according to prominent investment strategist Saurabh Mukherjea . The founder and chief investment officer of Marcellus Investment Managers warns that stable, salaried jobs are no longer a sustainable model for India's educated workforce. In his recent podcast titled 'Beyond the Paycheck: India's Entrepreneurial Rebirth,' Mukherjea stated that India is witnessing the gradual erosion of traditional employment, driven by widespread automation, artificial intelligence, and evolving economic structures. 'I think the defining flavour of this decade will be effectively the death of salaried employment, the gradual demise of salary employment as a worthwhile avenue for educated, determined, hardworking people," he said according to an ET report. Mukherjea's comments implied a growing concern within sectors like information technology, media, and finance—industries that have traditionally absorbed large numbers of white-collar professionals. He cited developments such as Google's admission that one-third of its coding is now done by AI, signaling a broader trend likely to impact Indian firms as well. The shift poses significant implications for India's employment landscape, particularly for those who have pursued higher education with the expectation of long-term corporate careers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invest $200 in Amazon without buying stocks to earn a second salary Marketsall Sign Up Undo Mukherjea argues that the old model, where individuals spent decades with a single employer, is no longer viable. Instead, he pointed to entrepreneurship as the emerging alternative. Citing the Indian government's JAM trinity—Jan Dhan bank accounts, Aadhaar identification, and mobile connectivity—Mukherjea believes the digital infrastructure is in place to support a new wave of self-employment and innovation, particularly among low- and middle-income citizens. 'The jobs won't be there,' Mukherjea said, urging Indian families to reconsider long-held beliefs about job security and success. 'Families like yours and mine must stop preparing kids to be job-seekers.' As automation accelerates and AI becomes more deeply embedded in white-collar workflows, experts like Mukherjea say India must prepare for a post-employment era—one where economic mobility will depend less on corporate paychecks and more on entrepreneurial initiative. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
