HDFC Securities Launches HDFC Tru to Enter Wealth Advisory Business.

Economy Business

HDFC Securities Limited, a subsidiary of HDFC Bank, has officially ventured into the wealth advisory sector with the launch of 'HDFC Tru'. The service will be led by Pranab Uniyal, Head of Wealth Advisory at HDFC Securities.


      - This offering is specifically tailored for High-Net-Worth Individuals (HNIs), Ultra-High-Net-Worth Individuals (UHNIs), family offices, and corporate clients, focusing on those with revenues between Rs 18 crore and Rs 400 crore.

     

     

Main Points:-   (i) The initiative aims to capitalize on HDFC Securities' vast experience and a client base of 5.7 million across more than 250 branches in India.

      (ii) HDFC Tru will provide personalized financial advice without charging brokerage fees, instead adopting a transparent fee structure.


          ____________________________