Staring this year, Edelweiss Mutual Fund will observe every March 31 as Financial Advisor’s Day. In fact, the fund house has urged all AMCs to join them on March 31 to celebrate this day.
Sharing the rationale, Radhika Gupta, CEO, Edelweiss Mutual Fund said, “Just as we thank our teachers, doctors and mothers for their great contribution in our lives on their recognition days, we believe that financial advisors too play a critical role in wealth creation journey of an individual and we should thank them through financial advisor day. Financial advisors help their clients throughout the financial year and what is better than March 31 to celebrate Financial Advisor’s day.”
Talking about how the fund house would celebrate this day, she said that they would broadcast a series of digital content and conduct ground level activities across their branch offices throughout the week highlighting the importance of financial advisors.
In a video message uploaded on YouTube today, Rashesh Shah, Chairman and CEO, Edelweiss Finance shared that he and Venkat (Venkatchalam Ramaswamy, Co-founder, Edelweiss Finance) started Edelweiss Finance on advice of Narayan Murthy of Infosys about 22 years ago and how a small piece of advice has changed the course of their career. He recalled, “We started with 2 people and Rs.1 crore of equity capital. Today, we have 12,000 people, Rs.10,000 crore of equity capital and 1 million customers.”
Talking about the importance of financial advice, he said, “Today India is growing fast. More importantly, India is changing from the country of savers to the country of investors. And converting savings into investment require advisors. We always think that advisors are like catalyst that can change eventual outcome in a big way. So we decided that we will celebrate March 31 as Financial Advisors Day. From now, every year March 31 will be Financial Advisor’s Day.”
In its website, the company said, “This 'Financial Advisor's Day', join us in celebrating the professionals who work tirelessly to smoothen your financial journey by giving you the right advice to securing the future for you and your loved ones.”