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.
Is your client an Abhimanyu in a Chakravyuh?
Amit Trivedi
Owner, Karmayog Knowledge Academy
August 2, 2019
Reading Time: 3 minutes Look before you leap- how often have we heard of this proverb? A lot of times, right from our childhood. How often do we apply this to decisions that we make in the course of our lives? Well, let’s take a step ahead and evaluate if our clients implement this while making their investment decisions. How can we caution them to think before taking major financial decisions? Mr. Amit Trivedi is back with the next article from his series of articles connecting the epics of Mahabharatha and personal finance with financial behavior. Read on to identify the “Abhimanyu’s” from amongst your clients and those you know…
Read MoreKey Learnings from Network FP Regional Conclave’19: Navi Mumbai
Nisha Sanghavi
Founder, Fynomics and Co-founder, Promore Fintech Private Limited
July 30, 2019
Reading Time: 7 minutes After the success of the Regional Conclaves 2019 all over India, we now transition our journey to Mumbai. Our first stop in this city was Vashi, Navi Mumbai on 25th July 2019. We had speakers from across all over Mumbai discussing the path that led them to their present position. Every attendee took away something that can be inculcated in their daily life and practice. They gained a new perspective on how things could work. The enthusiasm of aamchi Mumbai was unmatched. The regional task force as well as the attendees were all active participants not just for the talks but also for a little song,dance and games session. Read this article penned by the Navi Mumbai Conclave Chair, Nisha Sanghavi who shares a gist of the takeaways from the talks of the various speakers who spoke that day.
Read MoreKey Learnings from Network FP Regional Conclave’19: Ahmedabad
Apurva Gandhi
Financial Planner, Leading Edge
July 27, 2019
Reading Time: 4 minutes A power-packed 2nd edition of the Network FP Regional Conclaves, 2019 was held in Ahmedabad on 23rdJuly 2019 at Hotel Radisson Blu. The basic requirement for being a financial advisor is knowledge in the areas of finance and investments. You can upgrade your knowledge from insights shared by managers of funds and other practitioners, and this is what we envisioned for this conclave. We walked away with some diverse perspectives within the investment advisory business which went over and beyond our expectations. We could garner insights from mid-sized practitioners as well as big picture thinkers. The ideas were diverse, easy to understand and actionable. Read this Article by Ahmedabad Chair, Apurva Gandhi.
Read MoreHas your client recently sold a property?
Arvind Rao
Founder, Arvind Rao & Associates
July 26, 2019
Reading Time: 4 minutes Most of our clients make sale transactions with respect to their capital assets at some point in time or the other. Each such transaction brings with an implication and liability of taxation. While most clients are completely clueless about these implications and the options made available to them by law to save taxes incurred under such transactions, some others have very limited knowledge of the very basic provisions. As their financial advisor, it is imperative for you to be updated with what is specifically expressed by the concerned laws and what is implied by various cases on this matter decided by the tax authorities. This week Mr. Arvind Rao gives us a crash course in this topic. This quick read is sure to empower you to advise your client better in these matters.
Read MoreKey Learnings from Network FP Regional Conclave’19: Delhi
Neeraj Chauhan
Certified Financial Planner & Speaker on Personal Finance
July 23, 2019
Reading Time: 4 minutes Network FP continued its journey of empowering financial advisors by sharing knowledge and ideas through its regional conclaves. On 18th July 2019, Gurugram witnessed the seventh such conclave at Hotel Anya with over 140 attendees out of which around 60 were outstation delegates making the conclave truly regional. Read this Article, by our chair of the Delhi Conclave Mr.Neraj Chauhan who has penned down the takeaways from each session.
Read MoreKey Learnings from Network FP Regional Conclave’19: Kolkata
Pallav Bagaria
Director at Sapient Wealth Advisors & Brokers Pvt Ltd
July 19, 2019
Reading Time: 4 minutes In the medieval years, Kings used to send their sons and daughters to Rishi Munis to gather knowledge and now in the present day world, this traditional format of learning is practiced by way of attending conferences and seminars. The Network FP conference was similar to an ashram where IFAs got together to learn from various experts, share knowledge and flourish. Read this Article by Mr.Pallav Bagaria, chair of Kolkata Conclave who has penned down the learnings from each session.
Read More5 Key Ratios to help you choose the best fund for your client
Saurabh Mittal
Founding Director Circle Wealth Advisors Pvt Ltd
Reading Time: 4 minutes “As advisors, we are constantly helping our clients make choices. What product to buy, what not to buy, how long to stay invested, when to withdraw from the investments-the list is long. Selecting the right mutual fund scheme is an important decision that we help them make periodically. How do we ensure that we are making the right choices then? The answer is simple- our decisions must be based on parameters that truly evaluate the fund in both its aspects-risk and return. This week, Mr. Saurabh Mittal shares with us a powerful lesson on what ratios we must focus on while selecting a mutual fund scheme. Read on to understand what these ratios mean or just brush up your knowledge if you’re already using these!”
Read MoreKey Learnings from Network FP Regional Conclave’19: Chennai
Ramakrishnan Nayak
Director at Dakshin Capital Private Ltd
July 16, 2019
Reading Time: 4 minutes After successfully organizing regional conclaves at Pune, Bangalore and Hyderabad, Team Network FP headed to the Chennai conclave on 11th July 2019. The event was attended by more than 100 delegates from Chennai and other prominent cities of South India like Trichy, Madurai, Kochi, Coimbatore, Bengaluru, and Pondicherry. Ramakrishnan V Nayak, as our chair of Chennai Conclave, has penned down the Key Takeaways from each session to make it a read available to all.
Read MoreKey Learnings from Network FP Regional Conclave’19: Hyderabad
P Shanti Raj
Chief Financial Planner at Wholelife Financial services (Hyd) Pvt.Ltd
July 13, 2019
Reading Time: 4 minutes We have received a lot of queries about what were the learnings from the various regional conclaves from members from other cities. The fantastic line up of speakers in every city has piqued inquisitiveness and curiosity across cities. So for those of you who were not at the Hyderabad regionals, here is a quick read about it as penned by our Hyderabad Chair Mr. P Shanthi Raj.
Read MoreIs a satisfied customer = A successful advisory?
Girish Ganraj
Co-founder - Finwise PFS
July 12, 2019
Reading Time: 3 minutes We are in a service based industry. Most parts of our business consists of intangible experiences that the client has. In the dynamic world that we live in today, the expectations of the clients are constantly shifting and so are standards of professional competence. The only thing as fluid as the changing environment is the interaction and experience that we provide to our clients. This week, Mr. Girish shares with us some tips that can help give your practice a face-lift and keep your clients happy about choosing you to guide them.
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