Why Family Wealth Needs Structure, Not Just Strategy: A Conversation with Soumik Bandyopadhyay
Soumik Bandyopadhyay, Founder and Managing Director of Soumik Bandyopadhyay Advisors Pvt. Ltd. (SBAPL)New Delhi [India], May 25: In India’s rapidly evolving wealth management landscape, the conversation has long been dominated by strategy — asset allocation models, portfolio diversification, alternative investment classes, and return optimisation. But Soumik Bandyopadhyay, Founder and Managing Director of Soumik Bandyopadhyay Advisors Pvt. Ltd. (SBAPL), believes this conversation is missing its most important chapter.“Strategy tells you where to deploy capital,” he says. “Structure determines whether that capital survives the next generation.”It is a distinction that sounds simple. In practice, it is the difference between family wealth that compou...