The international wealth management group, which also provides corporate advisory and asset management, has added a senior team member, based in Singapore.

Klay Group, a wealth management firm, has appointed Gaurav Gupta as client advisor and managing director, based in Singapore.

Gupta will report to Arjun Anand, CEO for Asia-Pacific, concentrating on ultra-high net worth clients across Asia on portfolio construction and cross-border wealth strategies, Klay said in a statement yesterday.

“His experience advising sophisticated clients across markets will be invaluable as we continue to strengthen our client offering and expand globally,” Kalpesh Khakhria (pictured below), chairman of Klay Group, said. (This news service interviewed Khakhria last year in Dubai.)

Kalpesh Khakhria

Gupta brings more than 21 years’ experience across private banking, investment advisory, and research. He has worked with UHNW individuals, family offices, and corporates across Southeast Asia, the Middle East, and the UK. Most recently, he was an executive director at Nomura.

Klay Group has offices in Dubai, India, Singapore, London, and Australia. Since inception, it has worked with more than 450 families. 

The firm mostly segments clients based on their needs and complexity, rather than purely on how much investment they have. It operates across four pillars: wealth management (working with individuals with roughly $5 to 25 million to invest, such as C-suite figures and entrepreneurs who may not need a full family office); multi-family office service (families and single-family offices typically in the $25 million to $2 billion range); corporate advisory (business owners regarding their financing, capital structure and strategic transactions), and asset management (working with families and institutions to provide private-label funds from $500 million to $5 billion, or to provide access to specialised strategies and structured solutions).