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Dear VIjay Sir, Thanks for updating me on the term IFI. regards, P.K.S.Sengar.
Dear Pradeepji, IFI (Independent Financial Intermediary) is a term we at WF came up with when SEBI asked distributors to stop usage of the term IFA (Independent Financial Advisor). SEBI does not want MFDs to use the word Advisor to describe themselves and also objects to use of the phrase "Wealth Manager" by MFDs. While there is no circular that explicitly allows usage of the term IFI, I cant imagine why the regulator would object to you calling yourself an independent financial intermediary.
The humane touch ! It’s tough surviving as a MFD today , need all the help !
nice refreshing outlook and ideas
I would like to know more on IFI - nomenclature and guidelines/circulars/orders upon the name IFI by SEBI-AMFI.
