The CXO Personal Finance Report

The 2023 CXO Personal Finance Report is a collection of actionable insights to help C-suite and other senior executives make more informed investment decisions and see where they stand relative to their peers. These insights were collated from a recent IMA India survey on wealth management practices within the CXO community, which attracted over 350 responses. This report summarises the results of the survey and presents overall trends in savings, investments and portfolio allocation. It also provides an analysis of the impact of factors like demographics, risk appetite, upcoming expenditures and other factors on personal finance decisions and outcomes.

The report begins with demographic information and a breakdown of investor profiles. The next section looks at CXO saving patterns and provides a detailed examination of allocations across investment classes. Given their popularity amongst investors, it then takes a deeper dive into investment trends in terms of equity, fixed income, real estate and insurance. The next section looks at the average returns on investment that CXOs have seen on a 1-,3- and 5-year basis as well as their expected 10-year CAGR.

Change is the only constant in the world of investment, and so, we look at both, how portfolios have shifted in the last 5 years and how they are expected change in the coming 1-3 years. Lastly, we look at various sources of investment advice, such as personal research, wealth advisory services, banks, etc and gauge how these correlate to investment decisions, outcomes (in terms of ROIs) and levels of satisfaction. The report ends with some personal wealth management recommendations from C-suite executives, based on their years of investment experience.

Drawn from our archives, this report is now open access and can be downloaded for free.