Allegro set up shop in Jaipur

Allegro Capital Advisors, one of India's leading investment banks, today opened its Jaipur branch, the first in Rajasthan. This is Allegro's 22nd office in India and the eighth in the northern region.

The company will launch its investment advisory services, including niche private banking service and extensive wealth management and risk advisory services. Over a period of time, Allegro will introduce mergers and acquisitions, capital markets and debt structuring through a network of offices in five cities in the state.

Allegro's 120 plus advisors manage assets of over 2500 clients, a quarter of whom are CEOs and Promoters across 238 organizations all over India. Its clients are spread across leading organizations such as Intel, GE, Dell, Coke, Bharti, Pepsi, Dell, Oracle, Biocon and Dabur amongst others.

"We are perhaps the first investment bank to establish a presence in Rajasthan. The state has an outstanding tradition of entrepreneurship and trade. We are encouraged by its rapid urbanisation and significant contribution to the jewellery and construction industry, the recent find of oil notwithstanding," said Kunal Kashyap, chairman and chief executive officer, Allegro Capital Advisors.

"One only has to look at the development that has taken place in Kota, Ajmer, Udaipur, and Jodhpur over the past five years to realise that the future of India lies beyond its six metros," he added.

Financial institutions, banks and broking houses are restricted by the very nature of their business and revenue models, and offer just what they had under their own brand umbrella.

This is a more appropriate model for consumer durables where brand associations are directly linked to product attributes.

"In managing financial assets however, the best interests of the client are achieved when a holistic view is applied to a client's financial aspirations without any product or brand bias," added Vishal Kaul, Branch Manager, Allegro, Rajasthan.

Allegro's unique, differentiated service is both asset class and product independent and begins by working closely with clients to identify their long-term financial goals, risk tolerance and the nature of their existing asset base.

The company then develops a long-term asset growth strategy and works with each client to implement this strategy across a defined time period. Each client portfolio is reviewed on an ongoing basis to evaluate possible adjustments in response to economic changes, market trends or client needs.

Backing this holistic approach to wealth management is the widest spectrum of advisory services across the financial services industry ranging from equity markets, government securities, real estate, legal and private equity advice, and the lowest client to advisor ratio that allows individualized attention and focus.

Allegro's 120 plus advisors manage assets of over 2500 clients, a quarter of whom are CEOs and Promoters across 238 organizations all over India. Its clients are spread across leading organizations such as Intel, GE, Dell, Coke, Bharti, Pepsi, Dell, Oracle, Biocon and Dabur amongst others.