2013 targeting 900 IFAs in Hyderabad
IFAs from across the
country gathered in Bhubaneswar on August 4 & 5 for an agenda packed with
knowledge, motivation, fun and bonding.
The highlight of the
event was a soul stirring presentation by Ragunath Murthy who had travelled
from Djakarta for the event. Ragu (also
known as Joe!), shared the story of his struggle. His career began at the age
of 19, when he had to quit college to support his family following the sudden
death of his father. He began by selling burgers on the streets and railway
station of Kuala Lumpur and later moved to selling insurance where it took him
over 3 months to sell his first policy. Today, he is a large distributor of
financial products with a network of 1800 advisors.
The other speakers
too shared ideas and insights. Navin Tewari of Birla Sunlife spoke on Practice
Management and stressed on unlearning as a technique to look at issues from a
fresh perspective. Aashish Somaiyaa of ICICI Prudential drew analogies from the
world of cricket and movies to underline his core message on the importance of
process and methods in making the best out of the opportunities facing the IFA
Anil Patra, IFA from
Behrampur spoke on the challenges facing the IFA community and the veteran IFA,
Suri Seeta Ram from Hyderabad likened IFAs to doctors – IFAs look at wealth
just the way doctors look after our health. Sumeet Vaid of Ffreedom Financial
Planners urged IFAs to adopt financial planning. Sadique Neelgund of Network FP
stressed on the importance of knowledge in creating a stronger practice. Nikhil
Mehta of Next Advisors reminded the gathering of the important role of
V. Ramesh of AMFI
shared the concept behind MF Utility and its benefits. Also, there were many
panel discussions with participation from the industry expert Dhirendra Kumar,
Kailash Kulkarni of LnT MF, Lakshmi Iyer
of Kotak MF, Ajit Menon of DSP BlackRock, D P Singh & Manoj Sinha of SBI MF
and Vikram Akhaury of Pramerica, Among financial planners and IFAs, the major
contributors in these discussions were Lovaii Navlakhi, Shefali Satsangee,
Vikas Agarwal, Rajendra Bhatia, Pradeep Jain, Lalit Tripathy, Manu Mehrotra, Kanak Jain, Jagbir Singh, S K
Bagaria, Kameshwar Prasad and Suman Thakur.
IFAs were also
felicitated on their accomplishments.
Going by the enthusiasm,
MFRT 2013 should have no problem in getting 900 IFAs to participate. The ASK
Circle team led by Kanak Jain and S K Bagaria was widely praised for this
initiative by the participating IFAs and sponsors.