“An investment in knowledge pays the best interest.” – Benjamin Franklin The famous saying of Mr. Franklin still holds true. Many advisors do not consider self development an essential part of growing their mutual fund business. The benefit of learning and knowledge compound over time as long as you keep learning. Here are 4 reasons…
DetailsYour clients will be aware of the power of SIP, compounding benefits, long-term investment returns and so on. Are they yet to see some gains in their portfolio? Or lost some during these times? Read on to know if they are making any of these mistakes: Investing in only one Fund house Your client’s decision…
DetailsRetiring during these tough times can be stressful. In times like these, distributors play an important part to provide assurance so that clients do not take any decision in panic. This may not be that bad, if your clients exercise their options diligently. Cash is the king: During trouble times like these, cash comes increasingly handy…
DetailsBeing a Mutual Fund Distributor is a Face-to-Face business. Work-life consist luncheon with clients or prospects, handshakes and coffee meets, Because, this business is more of personal relationships compared to robo-advisors. But Social distancing is changing all that in a flash. We are undergoing a rapid cultural shift where social distance may very well be…
DetailsThings Veteran Advisors Wish They Knew When They First Started Out. Valuable things shared by veteran Advisors for young and aspiring advisors: 1. “I should have focused on a niche sooner.” Many advisors say they wish they had focused their practice on a single niche or concept much earlier in their careers. There are a…
DetailsPresently, the topic that is dominating every conversation today is Coronavirus and its impact on one’s health, the stock markets and wealth. Like every other time, i.e. whenever reports of any pandemic outbreak came into light, the impact is high across the financial markets, with major world indices witnessing sharp corrections in the last few…
DetailsAfter bursting on the financial services scene following the 2008 crash, distributors now face their own full-fledged market crisis. Amid the volatility and uncertainty, following are some emerging themes arising from the coronavirus’s impact which will help distributors to sail through Short-term asset allocation shift and long-term perspective Given the recent market downturn, some…
DetailsInvestors must not get frightened and cash in their investments in a hurry in the present market scenario, since it will convert their speculative losses into real ones. This is the message mutual fund distributors should communicate to their long-term clients. Tell them that their funds are in expert hands and they should not take…
DetailsThere are some vital financial tasks which your clients must complete before March ends. Given below are the top 5 important things which must be finished before 31st March, 2020: 1. Compute earnings for the year: Many clients are unable to calculate their total income for the year correctly. Financial advisors can guide them by asking…
DetailsNumerous articles are published on International Women’s Day talking about how women have been successful in every sphere of life whether it is education, sports, employment etc. However, when it comes to wealth management, women are still not completely involved in money decisions. Moreover, many women find it difficult to communicate with financial experts in…
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