Home » IIFL Securities partners WealthDesk to offer premium investment experience
Mumbai: WealthDesk, India’s pioneering Investment Technology platform that enables equity and ETF portfolio based investing by consolidating the research, advisory, broking, asset & wealth management ecosystem, has partnered with IIFL Securities, one of India’s largest brokers with over 2.2 million retail investors, to offer a premium wealth management experience through curated WealthBasket stock and ETF portfolios from marquee Investment Advisory (RIA) firms such as Abakkus Asset Manager and Renaissance Investment Managers.
Having recently closed pre series A funding at $3.2 million, WealthDesk is backed by Mathew Cyriac, Founder of Florintree Advisors and Ex Blackstone Partner and co-head of India PE. WealthBasket is the flagship offering of WealthDesk. These are select investment portfolios, created and managed by leading SEBI Registered Professionals based on tenure, asset allocation, sector, theme, etc. These portfolios provide holistic Wealth Management on top of Equities & ETFs to retail investors.
Owing to this partnership, IIFL Securities’ customers will now be able to invest in curated investment portfolios by using their broking credentials for a seamless wealth management experience.
Sunil Singhania, Founder, Abakkus Asset Manager LLP said, “We are excited to be the first to launch the Advisory services to 2.2 million customers of IIFL Securities powered by WealthDesk.”