Indian firm going global
Client Associates
The stay-at-home outlier: a ~$6.1bn Indian multi-family office with no offshore office — the counterpoint to the Dubai rush.
Dedicated NRI team
No
Strategy tenure
India-only footprint (no offshore office)
India onshore arc
Onshore active
Hubs
India onshore
Client Associates is a large Indian multi-family office advising on roughly $6.1 billion for 1,400+ client relationships, with 250+ team members across 11 Indian cities. It is the deliberate counterpoint in the NRI-corridor landscape: as peers plant DIFC and Singapore flags, Client Associates lists no international office at all, and its India-facing 'Investination India' proposition is about inbound investing into India rather than an offshore diaspora build.
Why it matters
Client Associates matters precisely because of what it hasn't done: a firm of this size ($6.1bn, 1,400+ relationships) with no Dubai, Singapore or GIFT City presence proves the offshore rush is a choice, not an inevitability. It anchors the low end of the strategic spectrum — serve the resident and inbound-India wallet well and let the diaspora chase come later, if at all.
By the numbers
~$6.1bn
Assets under advice (self-reported, homepage)
Client Associates (homepage) · Aug 2026 · self-reported
1,400+
Active client relationships (self-reported)
Client Associates (homepage) · Aug 2026 · self-reported
11 cities
India-only footprint (Gurugram, Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kochi, Kolkata, Mumbai, Patna, Pune); no international office listed
Client Associates (homepage) · Aug 2026 · self-reported
The journey
Stays onshore: 11 Indian cities, no international office
As of 2026 Client Associates operates from eleven offices across Indian cities only, with no international office listed — the deliberate counterpoint to peers (Nuvama, ASK, 360 ONE) planting DIFC and Singapore flags. It advises on roughly US$6.1bn for 1,400+ client relationships with 250+ team members (see scale), and its India-facing 'Investination India' proposition is about inbound investing into India rather than an offshore diaspora build.
Client Associates founded as an Indian multi-family office
Client Associates was founded in May 2002 by former private bankers Rohit Sarin and Himanshu Kohli — both listed as Co-Founders on the firm's site — as an India-based multi-family office ('private CFO') for HNW and UHNW families. Kohli is described on the firm's site as a trailblazer in India's Family Office concept. The firm was built onshore in India rather than around an offshore diaspora booking centre.
Client Associates (About) · Client Associates (Himanshu Kohli profile)
3 sources · all linked
Client Associates (homepage) · Client Associates (About) · Client Associates (Himanshu Kohli profile)