Nuvama Group
Indian integrated wealth management firm offering wealth, asset management, capital markets and asset services to HNIs, UHNWIs, families and institutions.
Nuvama Group (Nuvama Wealth Management Ltd, formerly Edelweiss Wealth Management/Edelweiss Securities) is a Mumbai-based, NSE/BSE-listed firm. It provides wealth management, investment advisory, AIF/PMS asset management, institutional broking, investment banking and custody/clearing services to affluent and ultra-high-net-worth clients, wealthy families, corporates and institutional investors. It earns fees, brokerage and interest income. PAG has been the majority owner since 2021 (about 54.7%). It reported revenue of ₹2,901 crore and net income of ₹986 crore in FY2025, and AUM of about ₹4.6 trillion in June 2025.