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JazzyNarwhal
Stealth11mo
60 lakh - wealth manager. Wealth manager is assigned or needed if you run into crores not lakhs. You can't even open a private account in big banks with 60 lakh salary. Usually people take CFP help not wealth managers for that kind of salary.
FluffyCupcake
Amazon11mo
It all depends on your personal finance knowledge and interest. If you don’t enjoy, outsourcing is better. If you are disciplined, understand finance, best is to handle it yourself. Even if you don’t want a direct exposure to stocks, get an exposure via MFs.
Nobody loves your money more than you!
FluffyNugget
Plivo11mo
It might make more sense if one has 1 cr+ fairly liquid corpus
SqueakyMuffin
Zomato11mo
No. If you can afford the time, DIY >> Wealth managers. I don't think I'll get one until I reach 2cr+ comp. Until then it's fairly easy.