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Shalab is a Inspiring personality for me. I have taken some of ideas from his speech. Thank you Venkat and Shalab.
This is an interesting topic which is being discussed here may or may not interest many Commission focused MFDs. Yes, it is important that we earn well to keep our family, ourselves and our team happy but thats not Be All, End All game. Very practical, i came from AMC background and become MFD if you ask most of the RM have ARN code with there cousins name .... Some time its very scary to give business i faced thus issue next movment clieny gets call from another MFD or bank AMC heads closed there eyes i might be thinking why arr they not taking action then realised they might be also part of this 😀😀😀😀 Also lots of BANK RMs route majority of their business through MFDs just to earn extra CASH beyond their Salaries, which was happening because of such high B30 Commissions Very nicely expressed Shalab, I agree with you to a great extent
The distribution industry is dying a slow death because of lack of tools to meaningfully engage with a client. Without open architecture platforms to complete simple client servicing requirements, evolved portfolio reporting tools and technology to enable advisors to better manage client behavior we are staring at a very bleak future. For the first time the industry has a digital platform for clients to self-service some of their documentation requirements through MF central. Sadly, the industry has locked the advisors out of this platform as well! Some points mentioned in your interview highlighted these points, I am truly impressed as a metro MFD, I joined hands with NJ and never realised the growth potential on its own Thanks from the bottom of my heart so motivating to here you
Great Interview Shalab ji but some words is not acceptable. Very senior persons working and create wealth of his investors from last 30 years in Agra Mutual Fund Industry. Please watch my reply on my YouTube channel if you have time. Regards https://youtube.com/watch?v=iB21w8_KVpE&feature=share
Theproblem lies in the distribution industry. Many people involved in this business have for too long survived without adding “real value” to their clients. Or maybe, after the initial 75-100 clients the lethargy sets in. This is the reason why 97% - 98% of the advisors / distributors never grow larger. Lack of tools makes even managing 100 clients difficult and therefore we see stagnation. This cumulatively ensures lack of advice to new investors, bad investing experience for people who start investing without any advisory structure and the reason why the advisor to investor ratio is so low in the country. At a macro level this is the reason why the number of investors has seen such a slow growth over the last 40 years. Completely agree with Shalab that without transparency and awareness it is hard to grow after a point - Truly inspirational to see this again and again for an advisor like me
We have now even managed to convert a SIP from a fantastic investing solution to a sales driver. Diwali SIP drive, morning SIP drive, evening SIP drive, per application payout are just a few examples). Once again, driving bad behavior instead of client centricity! Completely agree with Shalab here RENTAL income makes you complacent same is with SIP in our industry - Few amazing points highlighted
Normally a bank RM churns the portfolio in a limited span of time, I live in Delhi but my Aadhaar address has my hometown address, now I actually understand why my banker never wanted me to change the address - Thanks for this inspirational stuff - Great going
As an investor never knew something with regards to T 30 and B 30 commission practices such a huge difference between Mumbai and Agra that too in the scheme, truly enlighten to learn about the same Thanks Vijay
PNC should wake up and take it’s AUM back. This guy is shouting and saying shit about the community on PNCs AUM only. He should stand in front of mirror and judge his capabilities.
Hello growth aspirants , as we all learn and acknowledge at some point in life that success isn’t an outcome of any shortcuts or despicable tactics but the reward of perseverance, immaculate study of the subject and believing in one’s goals. One can be intrigued by the success of other but not question the dignity. I believe in keeping the purity of the trade in check as then the clients and the credibility of a brand is never questionable. I hope the post helps many to achieve what they aspire to.
Earlier pnc investment through direct route in mutual fund,now whit shalabh.because of passback
Sebi and amfi r sleaping ,openenly passback game by shalab and pnc infratech
It is just like a movie, actual is just different from what is shown. Shalabh rather than taking an idea from CEO & Sales Head about where to invest, it is better to open laptop and study and then recommend clients about where to invest. It is better to focus on ethical work. Be practical rather than theoretical. 100% immature person. Ask agra people about the reality.
Did you checked his background before posting this? What kind of stuff is he saying, it’s a shame that he is undermining all this hard working advisor because of them this industry has grown. Who is he to speak like this? Such a bigotry is this
wrong practice ,not sustain so long,very soon scam will burst in agra
passback karke koi bhi 1100 cr ka aum kar sakta hai,pnc infratech kai business kai bare mai sabko pata hai,1000 cr out of 1100 cr
SIMPLY WOW SHALAB SIR VERY INSPIRING MOTIVATION INTERVIEW I SEEN MANY TIMES THIS VEDIO AND LEARN MANY GOOD POINTS TO DO IN MY LIFE BEST WISHES CONGRATULATIONS
AMAZING KNOWLEDGABLE PERSON AGRAS TENDULKAR OF INVESTMENT THE BIBHAB SHALAB GUPTA SIR KEEP SHINE AND RISE ALWAYS BEST WISHES CONGRATULATIONS
Proud moment for agra
Excellent achivement, Remarkable...
wow!!! great achievement.
I want know about AUM development.