NDB Wealth Management, the largest asset management firm in Sri Lanka with over Rs. 100 billion in total Assets Under Management (AUM), over Rs. 74 billion in private portfolio and more than Rs. 31 billon in Unit Trusts or Mutual Funds, is the leading unit trust management firm in the country.
Beginning its momentous journey 26 years ago, NDB Wealth Management has established itself as one of the most trusted asset management firms in Sri Lanka by acquiring and servicing over 12,000 clients.
NDB Wealth endeavours to understand client needs by analysing the core purpose for which a client plans on saving or investing and advise the client on the best savings or investment solution, taking into consideration the potential risks associated with each.
A range of new and innovative savings and investment products have been designed to satisfy every type of client; big or small, individual, institutional or trust. For instance, financial planning could be for families looking to save for their children’s future educational needs or an individual planning for his or her retirement. This planning expertise is extended for institutions managing their own portfolio of stocks, bonds or for cash flow management.
NDB Wealth Management CEO Prabodha Samarasekera commented, “We believe in infusing professional money management skills when managing client funds, thus offering financial freedom to our clients.” He further stated, “Our in-depth knowledge of local and foreign capital markets and detailed analysis of the macro economic variables and various industry sectors and companies helps us minimise risks for our client investments while maximising their returns.”
NDB Wealth currently holds the largest and pioneering money market fund in Sri Lanka as at 21 November, which is very popular with clients due to its attractive yields (10.05% current yield) and the added flexibility it offers. Those who save with NDB Wealth Money Plus fund can deposit or withdraw funds anytime without a penalty and the income is tax-free in the hands of the individuals.
Offering a service that is unparalleled with another organisation of its kind, NDB Wealth assigns a Relationship Manager to every client, thus granting them an exclusive service.
Their Relationship Managers are backed by a strong investment team who are continuously monitoring investment conditions in the market and particularly play a very crucial role in managing such conditions that may impact clients negatively. Relationship Managers are readily available to provide investment advice or any service related information and dedicated to protecting ‘best interests’ while ensuring a successful financial future for all clients.
NDB Wealth is licensed by the Securities and Exchange Commission of Sri Lanka and follows very strict rules to meet compliance standards. Celebrating a successful second year at the new NDB Private Wealth Centre Branch, NDB Wealth Management offers seamless banking and wealth management experience with a high standard of client service. With easy and ready access to all aspects of banking through NDB bank products such as current and Savings Accounts, Fixed Deposits, and Credit Cards, clients are able to meet all their banking requirements under one roof with the added benefit of security and stability.
NDB Wealth is an affiliate of the NDB Group, one of the fastest growing financial services conglomerates in Sri Lanka, with a strategic mission to be the leader in the financial services and banking sector. From its inception, the group, which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities and NDB Capital, has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.