<h1>Listed securities firm's wholly owned wealth subsidiary opens new branch to serve ultra-high- and high-net-worth clients</h1> A wholly owned wealth-management subsidiary of a listed securities firm has opened a new branch in Gurugram to serve ultra-high- and high-net-worth clients, expanding its retail footprint in North India and offering portfolio management, estate and succession planning, and family-office services. The move follows industry projections of rapidly rising assets under management and responds to demand for structured advisory across multi-asset portfolios. The firm has appointed an experienced executive to lead its private-clients unit and emphasizes integration with its parent's institutional capabilities. The parent is described as a long-standing SEBI-registered Category-I merchant banker and listed entity.