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Anand Rathi Wealth Ltd
Anand Rathi Wealth Ltd Company History
Anand Rathi Wealth is now authorised to engage in activities as investment bankers, portfolio managers, wealth managers, and financial consultants. Additionally, it can provide management consulting, advisory services, and financial facilities of various descriptions. This strategic enhancement is designed to diversify our offerings and strengthen our market position.
2002
ARFSL received the certificate of registration from the Association of Mutual Funds in India with respect to its mutual fund distribution business.
2002
2008
The Company entered into contractual arrangement with ARFSL to use their premises to commence overseas operations in Dubai; and expanded wealth operations in India by setting up office in Delhi.
2008
2015
AuM of wealth management business of ARFSL crossed Rs. 50,000 million.
2015
2017
The Subsidiary, AR Wealth Management Private Limited, acquired Freedom Wealth Solutions Private Limited (involved in investment advisory business) and Ffreedom Intermediary Infrastructure Private Limited.
The Company acquired the mutual fund distribution business of ARAL which ARAL had acquired from ARFSL.
The Company acquired the private wealth management business from Religare Wealth Management Limited.
2017
2018
The Company expanded wealth operations in eastern India by setting up office in Kolkata.
AuM of the Company crossed Rs. 150,000 million.
2018
2019
AuM of the Company crossed Rs. 200,000 million.
2019
2021
AuM of the Company crossed Rs. 250,000 million.
2021