You’d be forgiven for thinking CECL is just another finance acronym that only matters to bankers. In fact, CECL—Current Expected Credit Loss—is a rule that banks now use to estimate future losses on loans and other financial assets. But here’s the twist: CECL compliance for investment firms isn’t just a headache. It’s also a sneak …
Family offices have been a cornerstone for affluent families with active influence. They have resurfaced to be at the forefront of financial preservation. Guiding many about the presence and importance of having them, with now a massive audience craving financial stability. However, the transformation and the sheer value modern financial services for high-net-worth families bring …
The Evolution of Family Office Services: Why They’re More Essential Than Ever Read More »
Cyber crimes in the United States have been staggering, especially among ultra-high-net-worth individuals. According to the FBI’s Internet Crime Complaint Center, $1.6 billion of losses are faced by Americans due to online crimes, though the actual number could be much higher due to negligence and lack of knowledge. BEC or Business Email Compromise is one …
What is Business Email Compromise? How UHNWIs Can Protect Their Wealth Read More »
High-net-worth individuals need expertise to suitably handle their income, investments, and assets for maximum tax savings. They face unique challenges that create havoc in managing their wealth. The most critical aspect is managing the complexity of tax liabilities. This is where income tax planning coordination becomes vital, ensuring compliance while maximizing tax efficiency. Income tax …
Income Tax Planning Coordination: Maximizing Tax Efficiency For HNWIs Read More »
In the larger picture for a multi-family office when it comes to wealth management for influential families, educational planning is a highly crucial point. Ensuring that wealth is served for the welfare of the family and society makes educational planning a great way to foster a culture of learning, understanding, and values. It doesn’t mean …
Multi-Family Offices Integrating Educational Planning for Broader Family Wealth Goals Read More »
Family governance and legacy are highly crucial for any affluent family. The structure of family management and its operation is often required to be privately managed, especially in high net-worth families. Their functionality is often diverse and isn’t effectively manageable personally and professionally. Multi-family office services hence cover such effective requirements for families, allowing them …
Family Legacy and Governance Advisory: Keeping Your Family’s Wealth and Values Intact Read More »
In the developing world of financial advisory services, Independent RIAs are getting significant traction, especially in providing valuable services to High Net-Worth Individuals. In the United States of America, RIAs are highly known to offer transparent and fiduciary-focused financial services and wealth management advisory services. In this blog, we will dive deep into why they …
Independent RIAs: A Transparent and Personalized Approach for High Net-Worth Individuals Read More »
Multi-family offices have served affluent families for decades, or even centuries, acting as independent financial advisors for Ultra High Net-Worth Individuals by managing finances and much more. More than just wealth management firms, they become a close part of the family, protecting clients from financial risks and legacy-threatening events. Before diving into the unique value …
Why Multi-Family Offices are the Preferred Choice for UHNWIs Read More »
World is more open than ever and investing opportunities are broader than before, allowing eager investors like you to select from a plethora of options in the market. How about widening your portfolio across the seven seas? Cross Border Investments. Using the rise of financial presence in the global market, investors can receive higher return …
Singapore’s Unique Position in the Global Finance Landscape for Cross-Border Investments Read More »
The presence of personalized financial advisory services dedicated to families, entrepreneurs or companies that operate in America are limited. Especially the South Asian and prominently Indian diaspora in the United States, which are amongst the richest diaspora present. Several High Net Worth individuals still struggle to manage wealth creating a massive gap in asset management. …
Since Avestar Capital’s founding in 2017 with $250 million in AUM, we have grown exponentially and are proud to announce that we closed this year with AUM of $1 billion.
Avestar Capital specializes in strategic financial planning for high-net-worth individuals from the South Asian diaspora, offering tailored wealth management solutions that transcend international borders. With a focus on optimizing financial growth and security, they guide clients through intricate cross-border financial landscapes with expertise and precision.
According to a Ministry of External Affairs report,
32 million NRIs reside outside India;
and overseas Indians comprise the world’s largest overseas diaspora.
— Wikipedia
