Thu. Mar 28th, 2024

Waterfield Advisors, a boutique firm that advises family offices and ultra high net worth (UHNW) families on preservation and creation of wealth, has today announced the appointment of Kartik Kini as Chief Operating Officer.

Before joining Waterfield, Kartik was part of the Founding Team to set up the Wealth Management practice at Avendus. He has also worked in leadership roles with Deutsche Bank and Merrill Lynch. He comes on board with over 20 years of experience in the Financial Services Industry, mostly in the Wealth Management.

Commenting on the announcement, Ms. Soumya Rajan, Managing Director & CEO of Waterfield Advisors said,

We are delighted to have Kartik join the Waterfield Leadership team and wish him all success in his career with the firm. A highly organized, strategic, and result driven professional, Kartik is adept at improving processes, driving efficiencies, and implementing new technologies. He is very well regarded and well networked; and has strong collaborative relationships in the industry and with partner firms.

Waterfield Advisors — a multi family office, advises 32 families with total financial assets of over ₹12,833.5 crore ($2 billion). It services clients from its offices in Mumbai, Delhi & Chennai and covers Bengaluru & Hyderabad as well.

Founded in 2011 by Soumya Rajan, a former Standard Chartered executive, the firm is aiming to achieve assets worth around ₹32,088 crore ($5 billion) under advisory by FY19.

The family office space is characterized by three emerging global trends — a growing number of high net worth and UHNW clients; more affluent families seeking out experienced professionals; and and ultra affluent clients demanding professional and customized financial services.

By Jeet