DSP Merrill Lynch has launched a new trust service in India for high net worth clients. Launching the new service, Pradeep Dokania, Head ...

DSP Merrill Lynch has launched a new trust service in India for high net worth clients. Launching the new service, Pradeep Dokania, Head of Global Private Group at DSP Merrill Lynch said: “Economic growth and market capitalisation are the main drivers of wealth creation in India and there has been considerable shift in the mindset and attitude on managing one’s wealth. The booming economy has created large numbers of entrepreneurs in India, creating wealth for themselves and their families at a young age. “Estate planning and wealth preservation is part of the financial planning process, which enables a client to achieve his financial objectives during his life span and see that his family members are protected.”