Young people who are joining jobs now in Govt/Private sector have better chances of being convinced regarding virtues of wealth creation magic through SIPs in Mutual Funds because they are open to new ideas and can track performance of our recommended MF products online. Once we convert them into permanent clients, it will be easy to bring their senior counterparts and parents to divert their some part of their wealth to Debt/equity MFs. All four stages as discussed in article can be not only better provided to youngers but also better understood by youngers and hence should be our focussed market.

i am agree with jigneshbhai thoughts. on my last AMC meet at ICICI MF, we also discussed with jigneshbhai thoughts , very much encouraging and true. advisors are very important in each and eevery individual financial life decision.

Views Expressed by Mr Jignesh is very encouraging.This gives us the clarity on thought process & how to handle the New Competitor " DIRECT PLAN " bt our Business Partner " AMCs ". Manufacturer (AMC ) may not give true advice on the Fundamental principal of Diversification to the investor bcos they will always biased in selling their own Products. So finnally advisors will always remain very important to the advisory prcocess if they are able to realize their importance in front of their clients

increasing corporate fixed deposits sales, collect advisory fee on giving suggestions all amc"s products. selling of mediclaim & Term assurance. joining meetings with lions, rotary, walking, laughing club and participation in managing commitee. only giving advice not selling mentionly to public. all the best to ifa community.

The ideas given by you are excellent for us to follow. Thank you very much.

Investors who are computer savvy will go direct, not because they save on the entry load but also because they feel direct mode is faster. Spending time with an IFA is considered waste of time by many investors. Dealing directly with big companies, they feel more confident than dealing with an IFA. Investors tend to trust the company words more than words of IFA. We have very slim chance of succeeding against such formidable competitors. Still, we have to continue to try. I very much appreciate the cool confidence of Jignesh and his advice to us on how to compete. It is very well explained in simple language and practical steps. We must put in our best efforts. Initially, all investors may go direct. But gradually, a year or two later, atleast half of them will revert to IFAs I think. Till then we will have to continue struggling more hard.Thank you Jignesh for sharing with us your wonderful ideas.

Hi, Can anyone give me more information on NEFT payments mentioned in the article under (3) Transaction execution Thanks in advance.

REALLY A NICE IDEA..........

Fantastic... Away some... Jignesh Ji, Very good, encouraging advice to IFA to go ahead..

I think u r heading SURAT Association of IFA and have best qualities of a Leader like Narendra Modi.....Good and factful write up.

Very beautifully delineated Jigneshbhai. Thank you very much. As Kanak has said excellent reframing.

Jignesh Bhais advice is really good. There is a fear among IFAs that AMCs may contact the investors to switch to direct mode to save money. In that case what will happen to the hard work put in by IFAs? I thank Wealth Forum for regularly bringing articles of substance for the benefit of IFAs.

Excellent approach,keep it up. Learning never ends.

Jignesh Bhai you have put together everything. You have shown a diff perspective and also shown how Reframing works.... thank you and all the best

Your article is inspiring. Thank you for your views on about how to win direct plans.

Good job done Jigneshbhai !!!

very true. DO THE SAME THING BUT DIFFERENTLY TO DIFFERENTIATE YOURSELF FROM MASS. Very clear thought process. Appreciate.

yes, you are right. I am doing the same thing that you thinking.

An excellent piece! I appreciate views of Mr. Shah. We can add financial planning viz. planning for higher education/marriages of investors wards, their own retirement and any other financial goals which come up during discussion with the investor.

This article is inspiring. As said we must change from Customer services to customer delight, by shifting focus to customer first instead of product & AMC first.

inspiring

shown good area of improvement and fight against compitition.

very inspiring, just kp on posting, want to mt personally Mr JIGNESH, personally, for more........

Real Good One, and Practical Solutions too. Keep writing and Motivate all IFAs.