India’s wealth management sector is undergoing a structural transformation, with the industry now positioned for high-teen growth over the next decade. This expansion is powered by a massive influx of liquidity from the primary markets and a rapidly maturing entrepreneurial ecosystem. **The IPO Wealth Engine** India's booming capital markets have become a primary driver of wealth creation. In 2025 alone, over **360 IPOs** hit the market, raising nearly **₹2 lakh crore**. A significant **₹80,000 crore** of this capital flowed directly into the hands of promoters via Offer For Sale routes. This surge in liquidity is creating a new class of "first-generation millionaires" who are recycling capital back into financial markets at record rates. **A Surging HNWI Landscape** The population of High-Net-Worth Individuals (HNWIs) in India grew by **5.6%** in 2024, reaching a total of **378,810**. Collectively, their wealth rose by **8.8%** to approximately **$1.5 trillion**. India now outpaces China in HNWI growth within the Asia-Pacific region, fueled by a strong equity market where the Sensex rose **8.2%** over the last year. **The Rise of Alternative Investments** Investment preferences are shifting away from traditional real estate and gold toward financial assets. Alternative Investment Funds (AIFs) have seen a remarkable **30% CAGR** in commitments between 2019 and 2025, reaching a total of **₹13.49 trillion**. Approximately **15%** of modern HNWI portfolios are now allocated to alternatives like private equity and private credit, with next-gen investors specifically seeking exposure to the startup ecosystem. **The Great Wealth Transfer** A significant generational shift is underway, with **50%** of Indian HNWIs expected to inherit wealth by 2030—a figure set to rise to **93%** by 2040. This younger cohort, **20%** of whom are currently under the age of 40, demands a different advisory model. Approximately **85%** of next-gen HNWIs indicate they may switch from their parents’ traditional firms in favor of digital-first, transparent, and global-facing platforms. **Digital Integration and Global Reach** While digital adoption is accelerating, human expertise remains central to the relationship. Investors are increasingly seeking holistic, institutional-grade advice rather than simple product distribution. Technology is being used to provide real-time portfolio visibility and data-backed insights, while human advisors focus on complex needs such as estate planning, tax efficiency, and global diversification. The market is moving from a product-selling era to an institutional advisory era. As domestic investors have poured over **$130 billion** into Indian companies over the last three years, the depth of the local market ensures that wealth management will remain a core pillar of India's long-term economic resilience.