"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. "
O my god I cant belive, any how iam inspired to read this. As a FP you shows us what we can achive in our life. hats off to your entire team thank you rajendra
Indeed good
Also, in 2 and half years, 31000 financial plans were made and executed. Again, that gives me 12,400 plans in one year by 40 planners. So 310 plans in one year by one planner. Again, less than a day for one financial plan (assuming he works for 300 days a year). Also, this leaves him no time for any review coz all this time is taken by him to meet the client, understand his needs, collect data, analyse data and come up with a plan. Dont know how all this can be done in a less than a days time. While full credits are given for achievement, the numbers are confusing me a bit. Anyways, Kudos to the team for their achievement.
Great Achievement indeed. Just a few calculations which confused me. 31k Clients handled by a team 40 Financial Planners (FP). That works out to be 775 Clients handled by one FP. If an FP is working even 300 days an year, he would still has to meet 2.5 Clients per day. If he has 8-10 hours of a working day, then a client gets some 3 hours with his FP in one year. This time could barely sufficient for a quick review of the portfolio, but Not sure if the client would be happy with this much engagement.
Stupendous ! no doubt. Yet, will clearly like to understand they are working as distributors or SEBI RIA as they are charging fees.
Congratulations to FIN EDGE Team. However I do not see anything EYE OPENING in the above ! Building Trust is the Key for any client and this needs Time. I simply do not understand How Clients can be won by phone conversations ? I am a tiny IFA but I would like to request all you small guys - Build Your Business on YOUR MODEL and to Your Scale !
Very effective. Challenging task. I appreciate the idea about - three options - of annual fee. Congratulations.
WOW!!!!! Truly inspiring. If this was told by someone orally, I would have dismissed it as a COOKED UP STORY. But, my God! 10k live sips!!!! Stuff dreams are made of. Hats off Finedge Team! You truly are an inspiration