Our wealth hubs with world class trained RMs combined with digital wealth management tools offer clients a market leading wealth management value proposition. "Our clients increasingly want world class advisory delivered on their terms-either remotely, digitally or face to face. The bank is also rolling out video banking engagement further across the region for RMs to speak with clients on demand-after a successful launch in 2018 in India. In the last year the bank has grown its mobile users by more than 1 million with a new mobile banking experience that includes wealth management digital tools such as portfolio diversification indexing and stress testing abilities. The increasing use of technology to offer wealth advice on demand will also support growth. This will be via the combination of world class advisory from Citi's Wharton trained RMs with the expansion of this program and a refreshed wealth management digital value proposition, including remote advisory and wealth management tools. Growth will be driven by a mix of physical and digital investments to support clients. Want to know more about Citigold? Drop us your details here and we will get back.Citi aims to grow its Asia Pacific Consumer Banking mass affluent and high-net-worth client base by around 10 percent in 2019. It also provides capital gains reports to assist you with capital gains declaration for tax calculation purposes. This tool generates tailor-made reports for all your investments and helps ensure that your investment holdings are in line with your current financial goals and needs. You can also take advantage of the CRISIL Wealth Tracker, a portfolio-tracking tool by CRISIL provided in partnership with Citi. Knowing your portfolio diversification level allows you to make more informed decisions towards achieving your financial goals. A higher index indicates a higher level of diversification in your portfolio. Citigold Diversification Index (CDI), which aims to provide you with greater insights on the diversification level of your investments. It provides current asset-wise portfolio allocations, compares it with the Citi India Model Portfolio and also calculates the Citigold Diversification Index (CDI). It provides a clear picture of your financial portfolio and analyses how the portfolio value changes over time. Apart from a relationship manager, there is the Citigold Total Wealth Access (TWA) - an interactive RM guided tool that helps you plan, transact, monitor and manage all your investments in one place. ![]() Partner with the ExpertsĬitigold provides various tools and helpful resources to guide and assist you on your journey to wealth. It is always wise not to put all your eggs in one basket. Wealth can suddenly be built by one well-performing investment and the reverse is also true. A well-diversified investment portfolio is better equipped to navigate market volatilities over time. This is done by spreading your investments across various products as opposed to holding a single investment over a medium to long time period. Diversification of your investments also helps you achieve potentially higher returns with lower risk. So when you diversify, your risks are spread across a variety of investments and therefore helps mitigating it. Also, some types of investments perform better compared to others during specific market conditions. ![]() Some investments carry more risk than others. Which is why it is important to align your entire family to the goals that you set, so everyone pulls in the same direction. A disciplined wealth-building process can have a great impact on multiple generations to come. There’s no time like the present to start. If making sure your retirement is provided for, then that is a goal you must fix.Īnd then you start working towards achieving the goals that you set. Learn all you can about your family finances, existing assets, spending patterns, expected rates of return, and current estate plans. Take a good hard look at your financial condition – assess what you have, plan your financial journey and get started. It is never too early to start managing your wealth. When it comes to ensuring your future is provided for, there are some strategies for Wealth Management that anyone can follow. Ensuring you have a nice nest egg tucked away to take care of your retirement is an integral part of managing your wealth wisely. ![]() It deals with his or her finances and investments, legal or estate planning, accounting, taxes and retirement planning. It has to do with every facet of a person’s financial life. Wealth Management is a lot more than just managing your money and investments.
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