IIFL Wealth Management Ltd. engages in the provision of financial services. It offers wealth brokerage and advisory, lending solutions, and estate planning. It operates through the following segments: Wealth Management and Asset Management. The Wealth Management segment comprises distribution of financial products, advisory, equity and debt broking, estate planning and managing financial products essentially in the nature of advisory. The Asset Management segment generally comprises management of pooled funds under various products and structures such as mutual funds, alternative asset funds, portfolio management and related activities. The company was founded by Karan Bhagat, Yatin Shah, and Amit Shah in April 2008 and is headquartered in Mumbai, India.