A coin is dropped into a piggy bank in this arranged photograph taken with a tilt-shift lens to illustrate the theme of risk in Oradell, New Jersey, U.S. (Photographer: Ron Antonelli/Bloomberg)
How do India's ultra-rich stay rich? By allocating their investments in separate pools that have varying degrees of risk, according to Waterfield Advisors' Soumya Rajan.The firm pioneers risk allocation by dividing wealth in broad buckets, said Rajan, founder and chief executive officer of Waterfield Advisors, which oversees investments of more than $4.3 billion and offers wealth management services to family offices and high net-wor...