The Network FP regional conclave had organized a full-day event on “The Making of a Successful Financial Advisor” in Hyderabad on Tuesday July 9 2019. The conclave brimmed with ideas, talks and strategies about adopting technology, modernism, client-engagement, overcoming crises, future growth prospects and generous and earnest knowledge sharing by all the speakers and industry experts. Attendees were thoroughly receptive and appreciative of the line-up of speakers and surely had a memorable time. They invited some of the most successful financial advisor and thought leader of industry to share their best practices on Set-Up, Offerings, Technologies, Marketing, Engagement, Processes, Team, Challenges, and Vision.
Network FP is a Pan-India Professional Membership Organization for independent financial advisers, Certified Financial Planners, Registered Investment Advisors, and other Personal Financial Advisors in India.
The Promoter and Managing Director of ‘Sensage Financial Services’, Mr. MS Shabbir invited as ‘Successful Financial Advisor’ presenter at the event. He presented on the Islamic way of investment, the ethical side of a business, social liability and gave a lot of insights about the ‘Zakat’ for orphans, ‘Shariah law’ and helping the subjugated by allocating dividends for a good reason. He apprised fellow advisors about the accurate way of investment. He also shared how he increases awareness about investment within the Muslim communities and helps them use SIPs and dividends for communal causes. Again he emphasized on the client service permanence in the adverse downfall of the key advisor and how advisor should think and plan for it with appropriate certification.
SenSage was nominated for the ‘Best Performing Registered Investment Advisor’. UTI MF along with CNBC-TV18’s hosted the tenth edition of Financial Advisor Awards in Mumbai on July 10. The awards aim to recognize financial advisors who have been creating value for investors by exploring new trends, opportunities and strategies in the highly volatile markets. Over 44,000 applications were judged based on quantitative and qualitative factors to shortlist the winners. The awards also recognized advisors and institutions that had done meaningful work in spreading financial literacy.
Imtaiyazur Rahman, Whole time Director & Acting CEO, UTI MF said, “Financial Advisor Awards is an initiative that recognizes the critical role that financial advisors play in the India’s wealth creation. These awards recognize the untiring efforts of the financial advisors in the industry growth. This platform brings the financial advising community into focus and is dedicated to serving their cause by providing recognition and rewards for them. UTI started the FAA initiative for its business partners and the UTI Swatantra initiative for the investors in the year 2009, when there was a lot of turmoil in the mutual fund industry. This was the time when we felt the need to be closer to our investors and our partners and help them in navigating the difficult times. “
There was another event The Annual COFP (Council of Financial Planners) India retreat was held at Windflower Prakruthi Retreat, Bangalore from July 11-14. About 85 professionals discussed on Future of Advisory which included Panel Discussions, Design Thinking, Asset Allocation, Education of Index Fund, Why Less can be more – Crowding out effects of Government Financing, A little extra for extra-ordinary results were some of the topics discussed. M S Shabbir a Panelist mentioned that “Fiduciary will be the Future. Real-time asset supervision, descending pressure of costs, value-hunting, subject matter experts like Sharia-Advisors, antagonism from non-finance players like Google are the areas to be focused for the future.” He expressed the need for nice technologies that solve small problems be replaced with large industry-wide solutions. Many wealth advisers are trying to embrace technology and other strategies.