Avendus Wealth Management Private Limited

RIASEC RegisteredEst. 2011

Total AUM

$2B

Discretionary

0% of AUM

Avg account

$3.7M

Accounts

546

Employees

248

Advisory reps

Firm details

Headquarters: Mumbai,
CRD number: 156771
Registered since: April 13, 2011
Website: www.avendus.com
Custodians: HDFC BANK LIMITED, AXIS BANK LIMITED, ICICI BANK LIMITED
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Corporations / Businesses61.61%
HNWI24.49%
Individuals13.9%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Avendus Wealth Management Private Limited is a private wealth and advisory firm that combines advisory mandates with broker-dealer activity and product distribution. The firm is SEC-registered (since 2011) and identifies as a capital allocator serving both individual/family and institutional clients. Its business model spans portfolio management for individuals and small businesses, pooled vehicles, and institutions, plus selection of other advisers. Avendus also lists activities consistent with sponsoring or managing pooled investment vehicles, and it operates with a fee mix that can include percentage-of-AUM, fixed fees, and performance-based fees. The firm does not describe itself as an active ESG investor.