Wealth management goes beyond investing, says Waterfield founder Rajan

Wealth management means getting help taking care of a lot of money.

Soumya Rajan started a company in India called Waterfield Advisors that helps families do this.

She says a wealth adviser does much more than pick stocks or make quick money.

Her job is also to help families make big decisions, pass money to the next generation, and keep their values strong.

She says the most important thing is how your money is spread across different investments, not jumping after the newest product.

She suggests putting money in gold, silver, and real estate as well as company shares.

She also thinks people should invest in other countries, not only India, to stay safe.

Many foreign investors are leaving India right now because of excitement about artificial intelligence and markets like Taiwan and South Korea.

Still, Rajan says Indian families keep saving through small monthly plans called SIPs, which keeps the market strong.