Mount Row Partners marks a pivotal moment in the evolution of AI-driven wealth management platforms by investing USD 25 million into Kairoswealth, catering to the needs of high-net-worth individuals (HNIs), multi-family offices, single-family offices, and asset managers.
Kairoswealth is at the forefront of integrating AI technology to enhance client interactions across a broad spectrum of financial products. This funding arrives at a time when traditional wealth management models are prevalent. Notably, Kairoswealth distinguishes itself by offering fractionalized alternative investment opportunities, now augmented with embedded leverage options.
The company’s innovative approach extends to its operations, promising efficiencies outperforming traditional models. Kairoswealth’s AI-research desk exemplifies this, delivering research at unprecedented speeds and costs significantly lower than traditional investment advisory services.
The investment round has attracted industry leaders. Shailesh Haribhakti, renowned in financial advisory and corporate governance, is among the notable figures involved. Kirk Wagar, former US ambassador to Singapore and a key partner at Mount Row, is poised to become Vice-Chairman, bringing a wealth of experience to the role. Krishan Rattan, Founding Partner of Mount Row, will take on the Chairman position, with Haribhakti serving as a board advisor.
“The future of wealth management is intrinsically linked with AI. We’re excited to embark on this transformative journey, which promises profitability, efficiency, and responsibility,” said Rattan, reflecting on the venture.
The wealth management industry has experienced significant changes over the past twenty years. Despite the growth in wealth and assets managed, profitability for traditional firms has declined, signaling the need for innovation. Kairoswealth’s AI integration is set to address this by enabling a 30% reduction in operational costs and facilitating a potential 25% increase in revenue through enhanced investment matching.
It is also important to note that Kairoswealth operates on an invitation-only basis, ensuring high service quality while limiting immediate widespread access.
For detailed information on Kairoswealth and Mount Row Partners, their websites are available at https://kairoswealth.com and https://mount-row.com.
About Kairoswealth:
Kairoswealth is an AI-driven platform that enhances the investment experience for High-Net Worth individuals and family offices. The platform connects clients with hard-to-access investment products and opportunities by leveraging the latest AI technology.
About Mount Row Partners:
Mount Row Partners is a global investment powerhouse headquartered in Singapore, with offices in the UAE, India, and the USA, that manages over USD 1.2 Billion in Assets Under Management, including Energy, Infrastructure, and financial services. Founded by Krishan Rattan, the firm has made significant strides in energy storage and renewable energy projects in collaboration with the Government of Maharashtra in India.
Contact Information:
Contact Person’s Name: Arti Srinath
Company/Organization Name: Kairoswealth
Company website: https://kairoswealth.com
Contact Email Address: PR@kairoswealth.com / Arti@kairoswealth.com