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.
In 2012 – Let’s make change work in our favour!
Suresh Sadagopan
CEO, Ladder7 Wealth Planners Pvt. Ltd.
January 10, 2012
Reading Time: 4 minutes Every now and then SEBI keeps changing regulations that affects advisory business. But these are to be seen as minor irritants and one needs to see how it can be surmounted. There seems to be options available… the situation is not all that bleak. Change is constant. We may like it or hate it. But, change is relentless. It is better to embrace change than to fight it. Let’s resolve in 2012 to make change work in our favour!
Read MoreTogether, Let’s Make it Happen! – Welcome Address at Annual Conference 2011
Sadique Neelgund
October 21, 2011
Reading Time: 5 minutes For those who missed attending the Network FP Annual Conference 2011 held in Mumbai on October 19, 2011, kindly findthe text of welcome address given by Sadique Neelgund, Founder, Network FP.
Read MoreDownload Presentation – Untapped Opportunities for IFAs in Financial Planning
Sadique Neelgund
Reading Time: < 1 minute Here is the presentation on “Untapped Opportunities for IFAs in Financial Planning” given by Sadique Neelgund, Founder, Network FP at IFA Galaxy Knowledge Summit 2012 held in Chennai on October 14, 2011. The presentation makes a strong case for choosing to becoming an advisor and offer financial planning services in the new environment where the regulator is trying to distinguish between an “advisor” and an “agent”.
Read MoreCollective Response from Financial Planners to SEBI’s Concept Paper
Sadique Neelgund
October 5, 2011
Reading Time: 4 minutes Dear Members Below is the first draft of letter which Network FP on behalf of the Financial Planning Community proposes to send to SEBI in response to its SEBI’s Concept Paper on Regulation of Investment Advisors The response and the thoughts captured are based on initial feedbacks from some practicing and aspiring financial planners on our […]
Read MoreHello Planner! Do YOU have a Written Financial Plan?
Sadique Neelgund
August 26, 2011
Reading Time: 6 minutes As a financial planner, it is very important to have our own financial plans in place that too in black & white and preferably prepared by another professional. We should go through this process before venturing out to plan financial lives of clients or preaching the benefits of planning to others.
Read MoreIFAs to drive the industry in future – But who will nurture them?
Sadique Neelgund
July 22, 2011
Reading Time: 4 minutes The share of IFAs in employment in financial services is 65-70% and will double in the next 10 years. This will see a huge surge in the new age intermediaries who are entrepreneurs by choice. The journey to create such large number in the next 10 years will need a concentrated effort by all stakeholders.
Read MoreSurrendering policies – a painful but necessary decision?
Sadique Neelgund
June 6, 2011
Reading Time: 6 minutes The most prominent among the common mistakes made of clients is buying of a wrong insurance policy pushed by an insurance agent. Almost all the clients we deal with have at least a couple of dud insurance investments. It’s a very hard decision both for the planner to recommend surrendering a policy and a client to execute such a recommendation.
Read MoreDo it Yourself Vs. Hiring a Financial Planner
Sadique Neelgund
May 17, 2011
Reading Time: 6 minutes Consumers will always have the choice to manage money themselves or seek professional advice i.e. hire a financial planner. Check out the factors which will affect the decision of individuals in this regard. And as a financial planner do you think our community should support “Do it Yourself” individuals? Dont miss out the comments section.
Read MoreShed your current practice model to be a truly successful IFA
Sadique Neelgund
May 7, 2011
Reading Time: 5 minutes IFAs have to transition from being representative of the manufacturer to being representative of the client. Regulatory changes are creating a paradigm shift in the industry. IFAs need to recognise this and put a strategy in action to move with the times.
Read MoreSelling is not a bad word…Stop feeling guilty
Sadique Neelgund
April 5, 2011
Reading Time: 5 minutes Selling is not a bad word. Mis-selling is. In the regulatory zeal to eliminate mis-selling, selling itself is being eliminated. Many financial advisors who are ethical are being pushed to the point where they are now feeling guilty about the word ‘sales’.
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