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.
Key Learnings from Network FP Regional Conclave’19: Bengaluru
Dilshad Billimoria
Director Dilzer Consultants Pvt Ltd: SEBI Registered Investment Advisor
July 9, 2019
Reading Time: 4 minutes Network FP’s Regional Conclave continued its run with the second edition in Bangalore held on 4th July 2019 at Hotel Radisson Blu. Over 140 delegates, including an encouraging 15% outstation delegates were in attendance. With some of the finest Successful Financial Advisors presenting along with some great industry speakers, it was a day well used with great insights for everyone. Dilshad Billimoria as the chair of the Conclave, summarizes the entire day in this Article.
Read MoreKey Learnings from Network FP Regional Conclave’19: Pune
Bhushan Mahajan
July 5, 2019
Reading Time: 3 minutes Network FP kick-started their campaign for the 2019 Regional Conclaves from Pune. The brand value of Network FP and the quest for knowledge and enthusiasm of IFAs from all over Pune ensured that seats fill up very fast. Bhushan Mahajan, as the chair of the Conclave, shares his takeaways and many learnings from the event for the benefit of all.
Read MoreHumility lessons taught by Lord Hanuman to Bheem
Amit Trivedi
Owner, Karmayog Knowledge Academy
July 4, 2019
Reading Time: 3 minutes The article on Think Tank “And Yudhisthir lost the game of dice..” by Mr. Amit Trivedi was received very enthusiastically by our members and readers for it beautifully linked such a practical aspect of our profession to a mythological treasure-the Mahabharat, making it a very enjoyable read. We are hence publishing a series of such articles that Mr. Trivedi has graciously agreed to author. So, watch out for the first post of ThinkTank every month to enjoy this mythological ride in our very own streets of financial advisory. This month’s post talks about an important virtue for all advisors-humility. Is everything actually within our knowledge and control? Are we greater than the ecosystem that we thrive in? How can we deal with unexpected blows from systemic risks and factors? Read on to make the Bheem within you humble….
Read MoreAdvisory 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.
Solution to the Skill Problem in Financial Advisory Domain
Suresh Sadagopan
CEO, Ladder7 Wealth Planners Pvt. Ltd.
June 25, 2019
Reading Time: 5 minutes Any business needs resources to run. While physical and financial resources are equally important, none of these really matter without human resources. People practicing their occupation, doing their jobs and getting work done is the base of any company. In our field there are often talks of limited employment opportunities. This week Mr. Suresh Sadagopan shares a different view with us-which is that this superficial deficiency of opportunities is actually a skill gap between employable candidature requirements and educational learnings. The practical skills that make a potential advisor employable is currently the problem area. Read on to understand his solution strategy for this.
Read MoreMy Journey of Fee Only Practice
Renu Maheshwari
SEBI Registered Investment Adviser
June 13, 2019
Reading Time: 4 minutes Success stories are always inspiring. People who tread down unknown paths always leave a trail behind to inspire and guide the others in their own journeys. Our field is no different. In this article, Renu Maheshwari, the first woman RIA and the first RIA to have registered from the State of Tamil Nadu shares her experience of starting, nurturing and flourishing in a Fee Only business model.
Read More4 Ways to Deal with Direct Plans
Sadique Neelgund
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 MoreAnd Yudhisthir lost the game of dice…
Amit Trivedi
Owner, Karmayog Knowledge Academy
June 4, 2019
Reading Time: 4 minutes We often get too technical in our own learning and understanding of financial concepts, client behaviour and professional practice and this causes us to lose focus and efficiency. Sometimes a shift in perception is all that is required. In this article , Mr. Amit Trivedi will share some mythological wisdom that connects effortlessly with our field, our practice, clients, challenges and solutions. A shift from the regular articles that we publish.
Read MoreFirst set your expectations right, client comes later!
Milind Kohmaria
Corporate Trainer and Consultant
May 24, 2019
Reading Time: 4 minutes Carl Richards, investor behavior analysis enthusiast, and acclaimed author, on his trip to India in 2017 expressed, “The only truth that we know about financial planning is that all our financial plans are wrong. A financial plan is like a business plan.” Does this make you question your work and professional aspirations? Does it make you question what should be expected out of a financial plan? It’s easy to find these answers from some basic realignment of our focus and how we perceive the planning exercise.
Read MoreHow critical is critical illness cover for your clients?
Mohini Mahadevia
Founder at SOLUFIN
May 21, 2019
Reading Time: 4 minutes As advisors, we are expected to know all about various options available to our clients, be it strategies or financial products. While it is humanly impossible to literally know-it-all, it is definitely possible to keep up with the changes and new developments and keep oneself abreast of various features of financial products. This article, we shed some light on the “Critical Illness Policy” to enable you to be in a position to advise your clients about whether or not to buy this product.
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