India must move beyond financial inclusion to “wealth inclusion,” said Marc Pilgrem, MD & CEO of JioBlackRock, at CNBC-TV18’s Global Leadership Summit 2025 in Mumbai on Friday, November 7, urging for fiduciary advice accessible to every citizen and not just the elite, as the country enters a new phase of financial maturity.

“India’s industrial development is incredible — it’s a good place for a wealth manager,” Pilgrem said.

“But wealth management here remains limited to the elite. We must redefine it as fiduciary advisory for everyone, supported by technology, better products, and education.”

Clients' interests over commissions

He argued that as more Indians save and invest, true wealth inclusion would require accessible, transparent advice built on fiduciary responsibility — advice t

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