Insights
Notes from the practice — unhurried, considered.
Long-form reading on the questions families and doctors actually wrestle with — written by senior partners, edited slowly, published only when there is something worth saying.
Why most Indian family offices are still products in disguise.
An honest examination of how the multi-family office category has evolved in India — and where genuine independence is rare.
The financial cost of a delayed start: math for the medical career.
Doctors begin compounding four to eight years later than most professions. The math of catching up is harsher than it looks.
The family constitution: ritual, not document.
The most useful family constitutions are written slowly, by the family itself — not laminated by a consultant in three weeks.
Why doctors get sold the wrong insurance.
From endowment plans at the start of practice to guaranteed-return ULIPs at the peak, the insurance industry's history with the medical profession is a study in mis-selling.
The seven decisions of a liquidity event.
Most of the lasting consequences of a stake sale or IPO are decided in the months around the transaction — not at signing.
Term, not endowment: a doctor's first financial decision.
If you do nothing else right in your first ten years of practice, get the structure of your life cover right. The math is unambiguous.
From promoter to principal: structuring wealth after a stake sale.
The day after the transaction is the first day of an entirely different financial life. Few founders are prepared for it.
The four stages of a doctor's wealth journey.
A medical career has a financial shape — late start, sharp peak, longer tail. Understanding the stages clarifies what the next year should focus on.
The HUF in 2026: still useful, but not for what you think.
The Hindu Undivided Family remains a sensible tool — but its role has narrowed. A practical reading for promoter families.
Practice income vs. salary: structuring the difference.
A doctor's tax position is dramatically different at salaried hospital work versus private practice. Few doctors structure for it.
Cross-border families: when assets and heirs span jurisdictions.
What every Indian promoter family with a child abroad — or a Dubai apartment — should know before the next financial year.
Disability cover for doctors: the most underrated insurance.
If you can think of one type of insurance you cannot afford to miss, it is income-protection cover. Most doctors don't have it.
Estate planning is not a one-time exercise.
A will is not a structure; a structure is not a plan. Why the once-and-done view of estate planning fails most Indian families.
The real-estate trap: why doctors over-allocate to property.
Cultural pressure, emotional attachment, and bad incentives push most doctors into property concentration. The math rarely supports it.
Why your CA, your banker, and your lawyer don't talk to each other.
Most affluent Indian families have a roster of competent advisors, none of whom speak. The cost of the silence is enormous.
The hospital partnership decision.
When a hospital offers you equity, it is one of the most consequential financial decisions of your career. Few doctors run the math first.
Retirement at 65 vs. 70: doing the math for surgeons.
A five-year extension of practice has wider financial implications than most surgeons assume. Run the math before deciding.
The next-generation conversation no one wants to have.
Inheriting capital is a job, and few next-gens are trained for it. The conversation about that job is harder than it should be.
Why your father's LIC policy is hurting you.
The most stubborn legacy product in Indian financial life is the inherited insurance policy. Most should be unwound. Few are.
Philanthropy as a wealth tool, not just a value statement.
For the families who plan it well, philanthropy compounds family alignment, tax efficiency, and legacy in a way no other instrument does.
Tax planning for clinic owners: what your CA may be missing.
Doctors who own clinics often have CAs who do salary-tax thinking applied to a profession-tax life. The gap is usually expensive.
Concentration risk: the silent danger of promoter wealth.
Most Indian promoter families are dangerously concentrated — often in their best asset. The discipline of diversification is harder than it sounds.
Educating your children abroad: the rupee cost of a US medical school.
Doctors of one generation often fund their children's education abroad. The numbers, in 2026 rupees, are larger than most parents have planned for.
The case against in-house family offices for India's mid-billion families.
Setting up your own family office is glamorous, expensive, and almost always wrong before $250 million. A practical reading.
Indemnity insurance: how much is enough?
Most doctors are under-insured for malpractice. The cost of being right about your specialty's risk profile is meaningful.
What a real investment policy statement looks like.
Most Indian families operate without a written investment policy. The few who have one rarely know what should be in it.
The locum economy and tax efficiency.
Locum work is significant for many doctors. Most under-structure it for tax purposes. The fix is straightforward.
The illiquidity premium myth in private markets.
Most of the 'extra return' attributed to private investments is, on closer inspection, a borrowing of return from another time. A note for cautious families.
Selling a practice: valuation, succession, and post-sale planning.
When a doctor decides to sell their clinic or partnership, the decision touches every part of their financial life. The work is more than the deal.
Reading your wealth report: what really matters.
Most family wealth statements are designed to look comprehensive and feel reassuring. The numbers that actually matter are usually the ones not shown.