Mumbai: Edelweiss Wealth Management (EWM), one of India’s leading wealth management firms, has announced the appointment of A.V Srikanthas Head, External Asset Managers. He will be responsible for building and deepening relationships with external stakeholders including partners, financial intermediaries, and institutions.
A veteran in the financial services industry, Srikanth comes with over 23 years of rich experience. Prior to joining EWM, he was the Founder & CEO of BridgeMonte Advisors, an innovative wealth management start-up, and former CEO of Motilal OswalWealth Management.
Welcoming Srikanth to the team, Nitin Jain, CEO, Edelweiss Wealth Management commented, “We are happy to have Srikanth strengthen our leadership pool and am confident with his rich experience, we will drive sharper focus on delivering value to our clients and partners.”
Commenting on his appointment Srikanth said, “I am excited to be part of such a dynamic and experienced team at EWMand look forward to leveraging my expertise in contributing to the growth story envisioned by management.”
Edelweiss Wealth Management reported revenues of INR 880 crores and Profit after Tax of INR 180 crores for 9MFY21 and is one of the largest wealth management platforms in the country. It has consistently outpaced the market while making rapid strides in industry rankings as is evident in the customer assets under the advice of INR 1.45 trillion, growing at a 43% CAGR from just INR 185 billion around 6 years ago in 2015.