SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • Business Development Secrets of successful women advisers

    Secrets of successful women advisers

    Deepali Sen and Sangeeta Jhaveri share how they turned financial advisors and what has helped them excel.
    Banali Banerjee Jul 13, 2016

    Deepali Sen, Founder Partner, Srujan Financial Planners LLP

    Before venturing on my own, I worked for many fund houses where I was in constant touch with investors. I discovered that people were clueless about managing their finances and there was a dearth of advisors who could guide them. This prompted me to float my business.

    The main motivation behind turning to advisory profession was to get the satisfaction of changing people’s financial lives. My aim is to create money-life balance in my clients’ lives. My journey till now has been very satisfying because the primary reason I started this firm was to transform people’s financial lives and help them feel at peace with their money.

    Some of the key things that helped me excel are:

    • Perseverance - not giving up on clients who were not willing to follow my advice
    • Working smart
    • Commitment to my work and not getting distracted by regulatory changes or any competition
    • Continuous learning and adapting to changes

    Advice for budding women advisers

    Go for it only if you are convinced that you want to invest your time and commitment in this business. Don’t jump if your friend is doing it or someone else has recommended it to you and assured you that you will be successful. This business requires a lot of hard work and you will be able to succeed only if you are fully convinced and not dependent on someone else’s conviction.

     

     

    Sangeeta Jhaveri, Founder, Prescient Financial Solutions

    Though I worked for a financial services firm, I was completely clueless about the mutual fund industry. I quit that organisation because it was going through a crisis.

    My family members are businessmen where we follow a legacy of starting completely different lines of businesses. I too was determined to start my firm.

    I believe my firm is different from others because of its ‘Simplicity’. The transparent and simple procedures with which we work has established a level of trust in our clients. Also, my team majorly focuses on hiring women employees because I have immense faith in the sincerity and loyalty that women naturally possess.

    Some of the key things that helped me excel are:

    • Being client centric and working according to client expectations
    • Emphasizing on liquidity
    • Following a dynamic asset allocation strategy
    • Transparency in communication. Never exaggerate the prospects of an investment nor understate its risks.

    Advice for budding women advisers

    I don’t think new advisers need to do something differently. They just need to follow the basics, which is focus on client’s goals and be honest with them. Educate them about different investment options according to their financial goals and let them decide what is suitable for them. This helps you to understand them better.   

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.