Rohit Sarin is the co-founder of Client Associates. He explains the origins and history of the firm's multi-family office model in India.
Disclosure
Sarin: Client Associates Is Not Investing In AI Due To Market Haziness
“Not participating because I think it's very hazy at this point in time.”
Disclosure
Sarin: As A Wealth Firm Founder, I Closed My Personal Demat Account
“And I closed my DMAT account and for long, I don't even have a DMAT account.”
Insight
Sarin: $2,000 Per Capita Income Is Society's Inflection Point For Discretionary Spending
“Whenever a country's per capita income has crossed 2000 dollars, That economy, that's the inflection point for the economy, because what happens is still 2000 dollars per person, that society is in a survival mode. Whatever you're earning, you are just kind of…”
Prediction Not checkable as stated
Sarin: AI bubble will filter out most players like dot-com crash
“So a disproportionate amount of capital gets allocated towards a new trend. But then, you know, when the filtration happens, when things settle down, then only the serious long-term players, they are the ones who survive. And the rest, really, they get filtere…”
Insight
Sarin: Wealth Management Requires Owner-Driven Bootstrapping To Maintain Fiduciary Independence
“It's only in an owner-driven organic setup like ours, you have the independence to do the right thing for the business, and for the business, when I say it's for two stakeholders, right things for two stakeholders. One is the customer, and second is people who…”
Opinion
Sarin: Sell-Side Research Is Perpetually Bullish To Serve Its Business Goals
“Because a sell-side research will always be bullish. When times are good, they'll be bullish. They have good reasons to say it's why they're bullish. When times are not so good, they'll have good reasons to say why they're bullish. Because it is then aligned w…”