Following SEBI’s September 23 circular, the financial intermediary fraternity has been seeking clarity on multiple aspects of their business. To bring clarity on the subject, Cafemutual in association with Union Mutual Fund will conduct a webinar on October 7 at 5 pm.
Some of the key discussion points will be:
- Impact of the new regulations on MFDs and existing RIAs
- What are the dos and don’ts applicable to both MFDs and RIAs?
- What is incidental advice?
- What can MFDs call themselves and what not?
- Can MFDs offer services like financial planning, goal planning and so on
Babu Krishnamoorthy, President of IFA Galaxy, a Chennai-based knowledge sharing intermediary body, Rajesh Krishnamoorthy, Vice Chairman, iFAST India and Suresh Sadagopan, founding member of Association of Registered Investment Advisers will delve on the subject. Nishant Patnaik, Associate Editor of Cafemutual will moderate this session.
Setting the context for the discussion, G Pradeepkumar, CEO, Union MF said, “Even after two weeks, there is some confusion among MFDs and RIAs on many aspects of the circular that can have a direct bearing on their business. For instance, one of the dilemmas is to choose between fees and commission model based on their client base. Similarly, the advisor fraternity is also looking for ways to adhere to the compliances. Therefore, an insightful discussion on these subjects can help MFDs and RIAs in a big way.”
Prem Khatri, Founder and CEO of Cafemutual said, “The discussion will offer insights on how the new rules have changed the distribution and advisory business. We will also delve on how the MFD and RIA business stack against each other now. So, whether you are a MFD or RIA, this is a must attend event for you.”
