HELP LINE +91 9883818627
HELP LINE +91 9883818627
Small bites to learn, get motivated and stay focused.
Most clients are extremely loyal to their advisors. All they expect is an honest advice and good service. They may talk about returns but ev ...
It is important to hold clients for long term to benefit from them. It takes a lot of time to acquire a client and so it is crucial that the ...
As an IFA, our ultimate objective is to increase our AUM and increase our revenue. However, in order for this to happen, we must always be o ...
I coined a golden strategy to grow in mutual fund business. It was the rule of 10/10 – to meet 10 existing/prospective clients every w ...
A lot of IFAs claim to have large number of clients and yet their AUM is small. This is because they have a lot of inactive clients. In this ...
In the beginning, your conversion ratio of clients will be poor. May be out of 100 prospective you meet, you would be able to convert just 2 ...
If you make money faster than clients, you will end up being poor in this business. An IFA should grow with the growth of his clients. It ta ...
I sometime use my gut feeling for investing my own money but I only use knowledge and wisdom when it comes to my client’s money. This ...
No doubt an IFA knows more than clients about mutual funds. However, don’t try to prove the client wrong. Instead, walk with them and ...
We as IFAs grow because our clients grow. Stick to them in thick and thin. All clients won't grow but a few of them will grow at a light ...
Adding new clients is very important. It is critical to increase your business and also to replace existing clients who will leave you for v ...
Reference is the most powerful tool in sales. Never end a meeting without asking one. You should keep a record of total clients and clients ...
Respect clients or leave them. Never bad-mouth your client. If a client is not understanding it is your job to educate him. If you are ...
Clients are like SIP. With time they grow. SIPs don't give instant rewards. They take years and decades to create wealth. Similarly, cli ...
A lot of IFAs feel happy that they have hundreds and thousands of customers. However, they don't have a large business. This is because ...
Essentially, IFAs need to manage clients more than their investments. Volatility is part of this business and clients are generally not comf ...
