"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. "
Wishing you all the very best for your new role sir. Have gone through the latest Wealth Creation Study as mentioned above by you "Economical Moat - Fountainhead Of Wealth Creation" which is really amazing study and indead adds lot of value .
Dear Partners, Thank you very much for the warm response. At Motilal Oswal AMC we firmly believe that it is our job to empower distributors and advisors and empowerment can only come from co-creating. We will keep you updated.
Dear Aashish first of all I wish you all the best for your new role. As a dynamic person I am sure you will bring lot of cheers for distributor comunity by offering product which will generate alpha for the investor because at the end of the day what matters for every stake holder is alpha generation for the investor because our prosperity depends upon the prosperity of the investor. I would further expect from you to implement your AAA strategy with most transparent manner. Looking forward to innovative product from your side. Regards
very good 9840474726
Friends, click the link in the interview which takes you to Wealth Creation Study. Download the latest Wealth Creation Study prepared as of end 2012. It is on businesses having an Economic Moat to protect them from competition and deliver long term sustainable competitive advantage. You may not want to read the data, just read the findings starting from page 16 to 34. You can draw some learning for your own business.
Wish you all the best
Quite refreshing and well articulated views on the Distribution/Advisory.This would indicate a person who has a habit of reflection to improve and not rest on past laurels! In todays environment it is in the interest of the Manufacturers to position themselves and more importantly position their products better and not look in terms of Offline Sales or Platform sales etc.,.Leave that to the Wise & Seasoned Advisors for deployment which is apt to their clients!!
Dear Aashish. I do not have words enough to thank you for your detailed response. I am more than happy with your answer. I only trust that AMCs Relationship Managers continue to treat me as a contributing factor to their AMC rather than to their personal targets and also allow me to pursue my business model. Also, I trust that as the CEO of an upcoming AMC you sensitise your RMs towards this. Wishing you all the very, very best Sir.
Just to substantiate further and complete my view, you might think that industry data on AuM etc will not show you so some of these gaps might lead them to neglect you. But iFast or any other platform provider would do product launches, meets and activities for interacting with AMCs. Anybody operating in Chennai should know that you are a great advisor or they dont know their market. I come to every IFA Galaxy or MFRT event and meet you and talk to you but I would not know if your business came on iFast platform or my branch. How does it matter? You chose a operating arrangement of your convenience. Leave it to the AMC to figure how they should communicate to an important participant like you if they want business. As regards products, services and information, the platform should give you everything. Call the AMC and the people who add value to you, teach you few ideas and help your business, you anyway dont have time and energy to listen to all of them right?
Mohsin, BRILLIANT QUESTION. I dont agree with the thought of some participant neglecting you because business gets transacted through iFast platform and not in their office. IFA has to give service, advice, add value to clients portfolio by asset allocation and alpha generation. Using a platform gives all of this and allows you to be OUT IN FRONT WITH YOUR CLIENT, is ideal solution. You can not to sit in office resolving customer queries and reconciling brokerage statements of 40 fund houses. Just because you use a platform to derive these benefits AMC should not neglect you from educating you on their product. Ultimately even on iFast platform allocations do end up with one or the other AMC. Even in MOAMC business model, I will co-create a product with iFast or any other platform, where you will feed clients money and MOAMC or some AMC will get allocation. Will I meet you when I come to Chennai? Of course. Will you put business at my branch? May be not!!!!
Looking forward to know all the surprise.
The industry sorely needs AMCs to come out with new ideas to invigorate the advisors/distributors community and Ashishs idea are bang on target. Product differentiation is going to the key in the future and if Motilal Oswal AMC is able to bring out superior product ideas, they will have the support of the advisory community. Best of luck Ashish.
Hi.Aashish. You may remember me as the time keeper and moderator at IFA Galaxy meets. Wish you all the very best in your new role. I need an advice. My entire business today since last 2+ years is transacted on the iFast platform which I know is my business model henceforth. AMCs have started neglecting me as there is no flow of fresh business from me. How will you aid me with my current business profile? You may reply directly to me also if you so wish. But your message on wealth forum will be useful for simiilar IFAs like me.
Wish you all the best. Looking forward investor & Advisors /distributor waiting for innovative product your end.
Keep the good work Aashish. Looking forward to know all the surprise you have.
Your AAA strategy is need of the hour for IFA community after introduction of direct plan .your innovation as a manufacturer will go a long way for both advisory and distributor vertical. Best of luck for your chellenging assignment.
Wish you all the best and thanks for Not adopting the product push strategies Recognising and focussing on additional alpha to be created by Advisors/ Distributors For having intention of offering readymade wrapers and asset alocators for distributors Thanks
Dear Ashis.All the best With Heartfelt Blessings in Ur New Assignment.Pray Almighty, U be succesful With all the THREE (AMC,Distributors & Investers ).
You may also launch ETFs tracking sectoral indices, like- Banking, FMCG, Pharma, IT, Auto etc.
All the best Aashish in your new assignment.
A very good way of promoting company by CEO and your platforms... kudos to your team.
DEAR AASHISH GOOD MORNING WISH U GOOD LUCK,AND BEST WISHESH WARM REGARDS SHARMA 9321734007
Keen to hear more, Aashish, wish you good luck and god speed.