Avendus Wealth Management Private Limited

RIASEC RegisteredEst. 2011
Total AUM
$2B
Discretionary
$0
0% of AUM
Avg account
$4.4M
Accounts
461
Employees
174
Advisory reps
6

Firm details

Headquarters
Mumbai,
CRD number
156771
Registered since
April 13, 2011
Custodians
HDFC BANK LIMITED, AXIS BANK LIMITED
Fee structure
Percentage of AUM, Fixed Fees, Performance Based Fees
Client types
  • Corporations / Businesses57.4%
  • HNWI29.76%
  • Individuals12.84%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Avendus Wealth Management Private Limited is a wealth manager and capital allocator that serves both high-net-worth individuals/families and institutional clients. The firm combines advisory services with broker-dealer and financial product distribution activity, and it acts as a sponsor/GP for pooled investment vehicles. Registered as an adviser since 2011, it provides portfolio management for individuals, small businesses and institutions, and also performs selection-of-other-advisers work. Its fee arrangements include percentage-of-AUM, fixed fees and performance-based components. The firm does not position itself as an active ESG investor and is not a multi-state adviser.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Other 100%100%
  • Other100%

Owners & executives

3 of 5
  • George Mitra

    George Mitra

    Founder & CEOCRD 5897485

  • Saurabh Rungta

    Managing Director and Chief Investment OfficerCRD 7949685

  • Apurva Shaijwani

    Managing Director, Chief Executive OfficerCRD 7949699

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Contacts

1 of 1
  • Palak Furia

    ManagerCRD 7949694

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

Location

Primary office

Mumbai, null

Location

Mumbai, null

Headquartered in Mumbai, null.

Address
Platina Bldg 9th Floor Plot No C59
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth