"We trust that you will avoid using harsh language and will refrain from making unsubstantiated allegations against individuals and firms. Your constructive feedback and opinions are very valuable to all of us in the industry. "
Very useful for IFAs who want to A Guerilla Advisor. Thanks.
IT IS SPORTIVE
Nice.. Thanx..
Very good article Jigarbhai, specially like the Idea of having A "Master Mind Group", we always has the solution for any Problem the other person comes up with but we dont have solution to our problem (in Sales), by having "Master Mind Group" and sharing our Problem with the group we might get good 5 to 10 solution for the same.
EXCELLENT
As usual, bang on Jigar Bhai!!! I think the key takeaway for me is the "Building a Strong Rapport". I feel that many Advisors do not educate the client fearing the client may learn and then go the "direct" way. He will NOT!. Period. The more you educate him, the more he will become emotionally attached to you. Srikanth Matrubai http://goodfundsadvisor.blogspot.in
LESS COMMISSION PAY OUT AS AMFI STOPPED EARLIER 7 LATER ON STARTED LITTLE PAY OUT WHICH NOT ADVISOR TO SURVIVE OR MEET DAY TO DAY EXPENSES SO LOTS OF ADVISOR STOPPED TO WORK WHICH KILLED MF BUSINESS
Practical,good article & encouraging.
My comment on the above article is exhaustive. Am writing a new article on this same subject. Hope advisors read it.
One more reason could be the fear that one or the other day the industry may not need IFAs at all because of direct investment and outreach of Institutional players like National Distributors, Banks, etc. Everyone can not afford to have technology at his disposal. Nobody can guarantee that the source of income from this business even the trail commission will continue. There is great uncertainty involved which an IFA feel day in day out. It is better to have some other source of income or line of business which is not so uncertain, everchanging and offering very thin margin with the only hope of so called long term returns. When that long term will turn into reality is difficult to define.
Its an eye opening article. Its true initially we go to the field with full of confidence but with some rejections we reduce our effort that leads to lowsales figure. Thanks Jigarbhai for such a wonderful article.
Well Written. I would like to know whether the author is practicing the same.
Nice! True!
The devil is in making the first call and greatness is after the prospect had kicked you in the teeth by saying no . Well written.