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Ionic Wealth Achieves $1 Billion AUM, Targets Mid-Level Clients
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Ionic Wealth Hits $1 Billion AUM, Targets Mid-Level Millionaires with AI Focus
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Moneycontrol
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05-03-2026, 09:31
Ionic Wealth Hits $1 Billion AUM, Targets Mid-Level Millionaires with AI Focus
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Angel One's wealth-tech arm, Ionic Wealth, surpasses $1 billion in Assets Under Management (AUM) in under two years.
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Company focuses on the underserved segment with an investable surplus of Rs 1 crore to Rs 25 crore.
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Leverages AI-powered 'Ionic Agent' for personalized financial planning and scalable services, previously exclusive to private banking clients.
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Growth driven by an omni-channel approach and the 'triple multiplier effect' of rising income and asset appreciation.
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Aims to capitalize on the projected $1.6 trillion wealth management industry by FY29.
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