Network FP Thinktank is an Online Professional Journal by Network FP wherein we share the articles written by top-class financial advisors and industry thought leaders from across India and the world.
Advisory and Distribution can Co-exist under One Roof
Sadique Neelgund
July 1, 2019
Reading Time: 2 minutes This short note is to help financial advisors appreciate the importance of why advisory and execution/distribution should and can co-exist under one roof. And how to make it work by addressing the ‘conflict of interest’ issue.
And encourage financial advisors to share the note with their respective associations, other influencers and even to regulator. Its time to take a proactive approach in solving the regulatory bottleneck / deadlock over the investment advisory regulations which is affecting majority of the MFDs & RIAs impending the growth of profession.
4 Ways to Deal with Direct Plans
Sadique Neelgund
June 13, 2019
Reading Time: 2 minutes Recently, AMFI started a new campaign (Advertisement) under the Mutual Fund Sahi Hai campaign making investors aware of Direct Plans and saving on commissions given out to distributors while investing through direct plans. In this Article by Sadique Neelgund he has shared a few strategies financial advisors can adopt to overcome this challenge. Read more to find out.
Read MoreHow To Manage Data Confidentiality And Security?
Sadique Neelgund
November 22, 2018
Reading Time: 5 minutes We have started embracing online client engagements but we are still exploring how to protect the client’s sensitive information. Read this informative article to know the concepts of data security, business continuity plan, and a disaster recovery plan written by Yogendra Joshi.
Read MoreHelping You on How To Handle Women Investors better
Sadique Neelgund
October 12, 2018
Reading Time: 3 minutes When it comes to investing, women investors are class apart. Having every expense value at the tip of their tongue makes financial planning easier. They understand budgeting and prioritising very well. Read through this fantastic article by Tejal Gandhi to understand the challenges faced by different age groups of women and how you can overcome them. Also, share your experience in the comments section
Read More7 Ways for IFAs to Boost Your Income!
Sadique Neelgund
September 25, 2018
Reading Time: 4 minutes SEBI has announced reductions in MF TERs and upfronts. This has led to negative discussions amongst financial advisors. Experts are predicting an income loss of around 15 %. And newcomers questioning the viability of being a financial advisor.
Sadique Neelgund, Founder, Network FP has written this article to address the current situation being faced by financial advisors and ways to overcome it.
Read on… we hope you find it useful.
Ramayana and the Life of a Financial Advisor
Sadique Neelgund
August 24, 2018
Reading Time: 3 minutes We all know the story of Ramayana and how it has inspired us in our real lives. Have you ever thought it could also impact our financial lives and our relationship with our investors? Read on to understand how this story fits like a jigsaw puzzle in your profession.
Read MoreNo Strings Attached
Sadique Neelgund
August 17, 2018
Reading Time: 4 minutes In a “YES SIR” world, its common practice to toe the customer. However, is there any way to possess “no strings attached” attitude and still be heard? Read on to let loose your professional shackles. Do share your views on the same.
Read More5 Ways For Building Trust With Clients For Better Conversion
Sadique Neelgund
June 29, 2018
Reading Time: 4 minutes It’s very essential to gather trust of the client. While building trust happens over the years, a simple process can help you delve into their personal and life goals. Read this article written by Brijesh Parikh on how to build trust with clients for better Conversion and Creating an Exit Barrier for your Clients.
Read MoreRIAs vs MFDs – Relax and Focus
Sadique Neelgund
January 3, 2018
Reading Time: 2 minutes SEBI has yesterday, on January 02, 2018 released yet another (3rd) consultation paper on the way forward for RIA regulations and MFDs. Here are the thoughts of Sadique Neelgund on the 3rd consultation paper and the way forward for MFDs, RIAs & IFAs.
Read MoreImpact of GST on Financial Advisors with Recent Updates
Sadique Neelgund
October 12, 2017
Reading Time: 4 minutes Financial Advisers are nothing less than a gift to wealthy individuals. These money wizards assess the financial needs and depending on the individual’s short or long-term goals, aid them to achieve those goals. The advice, however, comes at a cost. And just like everything else, the fairly new Goods and Services Tax is bound to have an impact on that cost. Here’s an all-inclusive and thorough analysis about how the tax rate as well as compliance rules for Independent Financial Advisers have changed post – GST with recent updates by Neel Vora
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