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AKIFAA is taking a good lead. We expect all Associations to join for the common cause.

ALL INDIA IFA ASSOCIATION- We have been discussing the formation of a truly representative National Body through various communication channels for more than a year without much success and this state of affairs will continue until we come out of the comforts of our homes and meet at some place and work out the modalities of forming an All India Association. WE ARE OF THE FIRM BELIEF THAT THE BEST WAY FORWARD IS ONLY THROUGH AN ALL INDIA FEDERATION COMPRISING OF STATE / REGIONAL / DISTRICT ASSOCIATIONS. The All Kerala IFA Association (AKIFAA) would like to take the initiative in this regard and is willing to organise a meeting of all Association Heads at a place and time suitable to all involved. As a first step we request the President/Secretary/other Office bearers of all the existing State/Regional/ District Associations to forward their email ID''s and contact numbers to allkeralaifaassociation@gmail.com with copy to sureshnair.trivandrum@gmail.com & oommenp@gmail.com . Once we receive support from existing Associations we assure you that we will come forward with solid steps on how to move forward. We have already got firm support from two associations. -Suresh Nair, General Secretary, AKIFAA.

Good idea to have a federation.

Ok.

Dear Baht, Really it is best move to form this federation. Sure we will give all support frlm TIFA Thanking u RAMA.PEREIANNAN

UR GOING IN THE RIGHT DIRECTION,WISH U THE BEST, & LET US KNOW HOW WE CAN HELP.

You are requested to send the dtails

OK,I AM WITH YOU

Great initiative, many of the the beginner in IFAs like me are able t o join ALL India Financial Advisors Federation. I have just entered in this field on 1.9.2012 after retirement as Officer from Bank and after passing the exam IRDA, ARMFA and CPFA. But now I feel that there is not much schope in this field and in future people will leave this field because latest negative instructions. Even new IFA like me not able recover expenditure incurred for exam and registration. There must be strong ALL India Financial Advisors Federation to take care of members and must keep in mind the voice and interest of members. Therefore, I support for ALL India Financial Advisors Federation

Great initiative, many of the small IFAs like me are able to join ALL India Financial Advisors Federation. thanx once again.

TO: MR RAMESH BHATT. K. DEAR SIR, GREETINGS. THE THOUGHTFUL VISION WILL EVER HAIL. THE RIGHTFUL MISSION WILL NEVER FAIL. GO AHEAD AND BE THE HEAD. C N ANNADURAI INSURANCE AND MUTUAL FUND ADVISOR

A SINGLE ORGANIZATION IS THE NEED OF TIME. KEEP THE MEMBER SHIP FEE AS LOW AS 1000 RUPEES TO ATTRACT EVERY ONE. NOT LAKH AND THOUSANDS.

You have asked us to click the link to give our details, but where is the link. The mentioned link does not click and hence our inability to provide you with any information.

I would like to add my views in this regard. I believe that trade association must be a platform to share knowledge, views, concerns and problems of its members. I don’t disagree with your views on unity but there is some important checks to be kept in mind, one of which is relating to any views / opinion expressed of members IFA of the smaller association, will these views be heard and given same importance as they would have been given previously within a close group or with the increase in size they will just go futile. If the views of the smaller IFA’s are not heard this will eventually lead to a situation where in small members may hesitate to put their views and the forum goes in a way wherein a set of people who lead the forum seek authoritative position and over a period of time the forum may have a limited representation. The primary criteria to keep in mind by any one association joining any forum / national association must be that in case of any difference of opinion how much importance will be given to their members and what shall be the criteria to decide whose views are correct and how much size/ position will influence this. All associations currently in existence must keep in mind the voice and interest of members should not be sacrificed in case if they decide to join any big forum. Any association who decides to join another should seek clarity on this and the association process must not be done in a rush. The idea of having a state level or a regional association sounds relatively better in this regard as the smaller association members may have an experience of union for some time and then they may decide next line of action within their association. At least by doing so members of small associations will have more control and in case of any difference of views / opinion coming around there are chances that even small voices are given necessary care.

Such a body is a must to mark our presence and need felt properly O P BANMALI

All existing associations should join new proposed federation to make it a strong body. United we stand . . . Only this way we can raise a strong voice for our rights. Otherwise we will lower our own voice.

Everybody is ready to form a National Level Association of IFAs. In the last so many days e-mails are showing the signs of positiveness in this subject. So better to ACT immediately without discussing through e-mails.

I CONGRATULATE AND I WISH YOU FULL HEART TO YOU,FOR SUCCESS OF THE MISSION AND YOUR EFFORT. WE HAVE TO SHOW OUR ADVISERS STRENGTH UNITY NY DOING THE GATHERING TO THE SOCIETY AND AUTHORITY.

dear friens a fine democratic association is best for the better future of ifas. if there is an all india association of individuals, all ifas will speak to whom? every ifas in Indias problems cannot be listened by a small group of office bearers. but if there exists a respective state level association everyone can raise their problems in that association. these officials can speak to the main all India associations officials. this is the best way. think that every individuals in India speaking to our prime minister about their problems. What a tragic incident that can be ? but each individuals speak to their MPs and then these MPs to Prime minister . Is this better or not? think friens . dont go for association of individuals but always press for association of association.

It is the need of the hour and and we should proceed with. With regards

Mr. Ramesh Bhat, Thank''s for the move I have already registered I will encourage the other IFA''s to follow- Regards

good work

I suggest & request you to take the lead and move forward to work towards the formation of an Association with a strong support from the existing Associations and not the direct support of individuals. Individuals are supporting their respective state associations through district level associations. Remember IFAs any structure outside this will surely lead to wrong practices. I feel ,Mr Ramesh Bhat , having your wide accepted image you are one of the right persons who can initiate such a move. I request all IFAs in India to comment. Please correct me if I''m wrong. Thank You !

The advantage of "Association of only Associations" is every individual can raise their concerns in their respective state Association. This will help those IFAs to raise their difficulties and concerns from widespread rural, sub-urban & urban areas of our nation upto a great extent. So I , after getting marvelous reply mails and comments from IFAs across India , conclude that we need an Association of Associations and not an Association of Individuals.(contd...)

Better start discussion with existing regional associations. State level assosiations are working almost all Southern States. AKIFAA and CAMFA are examples for this. This will ease the process. Please remember that Our President Mr. Oommen Panicker (AKIFAA) has sent mails regarding this. We need a coordination part. We are expecting a major role from IFA Galaxy in this regard.

Dear Mr Ramesh Bhat, please note that for a pure democratic set up we must form district level bodies first and then elect respective state level Associations. Then combine all the available state level federations for an All India IFA Association. For this there must be a call for a joint meet of all respective state associations. If you are planning to create an "All India Association of Individuals and Associations" , we have already FIFA in place though there exists some controversial inclusions in FIFAs bye laws , MOA& AOA. A lot of my IFA friends feel the membership fees also is high. (Contd...)

THANK YOU very much for your effort in forming this federation.BEST OF LUCK.

There should not be any other state or district level association. It should be only one national association with state and district or city units. Complete transperency, truly democratic functioning and low cost operations are mandatory. Every ARN holder should be allowed to become member but no compulsion. Entry fee should be 100 to 500. Agenda should be protection of business rights, education and goal should be able to negotiate with the AMC regulators and govt. We can think of creating a company of ourselves doing financial products distribution business like co.op banks, societies. Utmost case has to be taken to ensure genuine participation and interests of ifas should be of prime and foremost importance.

it is better to form an association for ARN holders. Best wishes.

Its an excellent idea to have an all India Federation, but there are state level players who will stick at their respective positions . I would therefore suggest that an individual IFA should be allowed to become a member irrespective of whether he is a member of a local assoction or not. His membership subscription could be tad higher, Best regards

It is very nice to have an All India Federation for us. Thanks for your efforts. Looking forward to a mighty Organisation so that AMFI/ SEBI will call us for discussions before implementing any organisational changes

We need a strong association in all India level to fight for our problems as well as for our demands. I fully support you.

very new to this of forum send me more details, ready to join for any activities in bangalore.

I think FIFA with their higher fee structure made is like a Elite IFA''s Lions club. Lot of small IFA are discouraged by the fees. And I dont see anything democratic about their formation. What other alternatives we got ? There is nothing wrong in creating new unions and give choices for IFA to join any of them. ------------- I think Ramesh Bhatt is doing great service here. We have to come together with open mind and then form the structure democratically. The bye laws should be created by members. That is right way of forming any union. You dont form union, write bye laws and ask people to join. I think this is the flaw in FIFA structure. Why try to pour water on the good initiative ? If we need strength, it has to be low cost for IFA. I think Ramesh you are in the right direction. Go on !

CIJ and Miguel i agree with your post also but as belong from gujarat i have never heard of association in gujarat state nor got any contact details too. We need to get united first and then form a AIFA i don''t find we IFA''s are united till date if not entry load would have not got abolished till date i too heard that entry load will start again but what happened nothing small city IFA''s have lost their interest in Mutual fund business as now its really a non profit organisation clients on having got good returns from their advice and service are not ready to pay upfront and in investment of Rs.10000/- we are getting 150 for new investor and 100 for old what a small town advisor gets how his family and he will survive till the IFA''s are not united and think of each other or say the MF community i don''t think its worth joining or forming a association. I would like to know the achievements of any IFA or say fifa etc.. till date did ever sebi or amfi pass a circular in their favour. DOES CIJ post any achievements of these ifa''s or fifa iiaa etc association formed for financial advisors how did a advisor benefit from joining a IFA hope to hear from my members. (Also pls note i have no interest to hurt anyone feelings etc.)

IT IS AN EXCILENT IDEA.AS IS SAID IN OUR CULTURE " BANDHI MUTTHI LAKH KI , KHUL GAYI TO KHAKHA KI. " unity is desired & it is the Demand of time. Pray Almighty for success.

Mutual fund houses as manufacturers of investment products ,Investors as ultimate users of those products and distributors of various hues as conduits providing last mile connectivity to the end investors are the three important pillars on which base a prosperous mutual fund can be built.The mutual funds have a powerful lobby in AMFI,investor interests are represented in the SEBI mutual fund advisory committee and to the misfortune of distributors particularly IFA''s ,their voice is not heard in the corridors of power,they have become the whipping boys for all the ills affecting the industry and their ability to make worthwhile suggestions to healthy policy making conducive to the growth of the industry is largely ignored to the detriment of the industry.It is therefore necessary for the senior members of the IFA community to come together to join the movement towards forming a national federation of IFA associations to represent a unified voice before the regulator and endeavour to ensure that we are consulted before making critical policy decisions as important stakeholders.

Thanks for all the support and encouraging words. 152 Plus IFA Friends / Associations registered. Will be communicating with all these 152 registered people and come out with a Democratic Federation SOON. I had seen Mr. Sam had asked for MOA / AOA etc. Respected Sam please understand that we had started this discussion only based on your thread and as I told you this is a democratic Federation I would like to talk to all people interested in forming the Federation and first select the Name and create the byelaws, for a committee, select a leader and then register it (remember I do not want to hold the majority for Chennai).

Dear Friend, Thank you for taking efforts for,i am ready to join with you

Sir, I feel association is required if association have the power to change the non favourable rule. I find association become timepass of some big distributor. Association should think seriously for small distributor.

Dear Mr.Arjit Ghosh, you can put the local association name as IFA Galaxy and post your details.

Good idea but why only someone who is already a member of a Local Association be eligible to be a member of your Federation? Why can''t you open this membership to all IFAs irrespective of whether they are a member of any association or not? I downloaded the form but could not apply since membership details of a Local Association was a mandatory field in the on-line form.

Its good for all, Put seminar in any city

yes, it formation gives a moral buster of all ifa .

It is a good idea. It is a need of the hour. Wish formation of our Federation without any roadblocks. J. Irshad Ahmed

Forming association is badly required at this moment, but decission must be collective taken and members of the association must stand united in making it a success, as we have been backstapped by all. Regards MIGUEL ARN 31966

My suggestion in this regard is: There should be an association of IFAs in every district and these distt. level associations should be affiliated to a Zonal Unit in the respective state. In turn, these Zonal units should be affoliated to The Central unit on All India level. This model may ensure better co-ordination among the IFAs as also better understanding of the issues among the community. However, All India Federation with a nominal subscription is a noble idea and should not only be kept alive but should transformed into being. CONGRATES.

It is a good approach and good for IFA s

Keep it Up !!!

It is good approach & also necessary for all. My support wii be always with you. Pl inform the enrollment process.

Better late than never

Sir, may I know what is your object for ALL India Financial Advisors Federation because in my knowledge already 1 Federation work name as fifa and they doing well approach of fifa is good and please provide us what is your approach I feel you are working only on mail you are good in Training activity but other is what.

Dear Valerian how can you conclude CIJ is a male or female or any organization. Pls note its a well wisher of distributors. It is very important for all IFAs to know the Bye Laws, MOA, and AOA before joining any federation. Because there lies the flaws and possible pitfalls of any organization. IFAs ! you must read all the above mentioned 3documents before joining any federation. Otherwise you are going to get yourself trapped.

pl . send details how to enroll

I could not understand what did Mr. CIJ mean to say is it something wrong with formation of new federation but what is the use of forming the new federation and also why he is unable to publish the bye laws. Also can anyone give me the address of gujarat federation or any email id i want to know where in gujarat there is a federation. Today i read about IIAA joined IFA is it a good initiative.

Right move at the Right time by the United efforts of all the I F As with profound mutual trust , for promoting and parking the retail investments Unit by unit, with the Motto :'' Thrift first, Swift next and Safety always '' , motivating the families and Institutions all across the length and breadth of our Nation striving for a secured and brighter tomorrow in each and every neighbourhood around all of us in our Country.

IT IS VERY IMPORTANT TO HAVING FEDERATION TO JUSTIFY OUR EFFORTS

Dear Mr Bhat, Please go ahead, we are ready to join the federation. We had shared with you earlier. Thanks

Mr.Bhat we all with you 100 rupees means every body join they contribute support. IFA galaxy done lot of programs then any federation in our country so far

1) What is the need of creating another Federation? 2) Have you tried to collaborate with other regional associations or FIFA? If yes what is your take/experience? 3) What is the guarantee or assumption that another regional association is not cotemplating this idea of all india federation?.. I personally feel there will be federation from all 4 zones proclaiming to be ALL INDIA IFA FEDEARTION.. Not sure whom would regulator wish to listen ////// Dear Fellow IFAs, Time for YOU TO THINK(not go by crowd) is it worthwhile?? are we going in the right direction? Is there is a need more ALL INDIA bodies? ALL IFAs(smaller or bigger) need to search for the answer and voice it to their respective associations!!

What will be the objectives of this Federation? You have been speaking about this since at least a year -- what progress made during that time? Before we provide information that you are seeking, can we ask what this Federation will do?

Good inititiative. Need of the hour. As Mr. Sam Koshy noted you may please provide the Bye laws, AOA and MOA of the new expected federation for other IFAs to read on. You must be open to all and show that your intentions in creating such a federation have no vested interests , like some other associations have . correct?

Dear Mr. Ramesh Bhat, great initiative, I wish the new federation will be a true representative of IFAs across the country. IFA GALAXY did a fantastic job and supported to formation of many state and district level IFA associations. Hope IFA GALAXY will also take the initiative to unite the all IFA associations across the India under one roof. I am sure all fellow advisors will support "All India Financial Advisors'' Federation" for better future of the industry.

Dear Mr.Ramesh Bhat, IFA Galaxy has a great brand recall among smaller IFAs due to its knowledge sharing initiatives, mailers and the efforts that you put in personally. Due to the cordial relationships that you have with many associations, I believe you will be the catalyst that IFAs badly need at this juncture, in uniting all the IFAs and associations under one umbrella. I am with you sir in this journey and I request all the IFAs to join your effort.

Dear Mr. Ramesh Bhat, wonderful initiative. We wish you great success. Lets hope new federation will solve all problems faced by IFA community & also will work for better future of the Industry. Thank You.

Mr Bhat , the link you provided is leading to ANIRAM which don''t allow to enter. Your initiative is Wonderfull. Before requesting IFAs to join , is it desirable to publish the MOA& AOA & Bye Law of the new federation to prospective members for their perusal. Thank You !

Please use this link https://docs.google.com/forms/d/1XfOSZQKqZjXNHYHxGd-b8Rrw2m2192URoA4oj-lMrF8/viewform

Mr Bhat the link you provided is guiding me to your company''s website which is unable to do anything for outsiders. What is this?