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  • Success Stories A social media group on Telegram to answer IFA queries

    A social media group on Telegram to answer IFA queries

    It’s All About Money, a social media group started by Ahmedabad IFA Milind Shah, claims to resolve issues related to your business.
    Kanika Bhargav Apr 2, 2018

    Milind Shah, an Ahmedabad based IFA, has created a social media group called It’s All About Money on Telegram (a messenger app somewhat like WhatsApp) with an objective to help advisors resolve issues related to their business.

    Created four years ago, this Telegram group has over 2,100 distributors across the country as members.

    Sharing the rationale for creating this group, Milind says, “IFAs face several business issues and struggle to resolve them. Many have told me they keep calling AMCs and distribution service centres, but to no avail. In such a situation, IFAs in B15 cities have nowhere to go. We have members in our group, who have gone through similar hurdles. They can help others overcome such challenges.”

    Milind claims that the group resolves the problems of IFAs faster than the AMC’s customer care. It’s All About Money has 8 sub-groups, each focusing on a particular area – like mutual funds, insurance, motivational books and so on. Besides IFAs, the group also has AMC officials who guide the other members.

    Apart from business queries, this group helps members in getting new business across geographies. Sharing one such instance Milind said, “A few days ago, a Nagpur based group member got a lead in Jamnagar. He did not have to travel to Jamnagar to close this deal as a group member from Jamnagar helped him in client acquisition, that too with a cheque of Rs.16 lakh.”

    Milind says that group members have bonded closely like a family. Members arrange for everything, from booking a hotel to picking you from the airport, when a group member travels to their city.

    Members also have knowledge sharing sessions where they invite experts from different sectors to share their success stories, give business development tips and enlighten them on the latest trends in technology. Similarly, the group invites fund officials to talk about their new initiatives.

    Milind is active on the group platform after 9 pm; he relies on a few other knowledgeable volunteers to ensure smooth administration of the group. IFAs can become a member of this group only by referrals.

    The group also has a code of conduct. It does not allow personal chatter or sharing of irrelevant posts, Milind said. In addition, it is compulsory for IFAs to mention their name and city. “We do not support activities which can disrupt business. We only talk about business growth,” he added.

    Talking about his plans for the future, Milind says, “We are planning to provide all necessary materials to IFAs like a biometric device for KYC and software that can help them grow business.”

     

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    51 Comments
    Rahul Shah · 5 years ago `
    Many Congratulations Milind (Money)bhai. Lets Grow Together and Keep Growing Others and Our Industry too. Your Initiative Has Made Very Important Role in Our financial Life Wishing u All the best For Future Growth.
    Regards,
    Rahul Shah.
    usha sharma · 5 years ago `
    welcome step, please join me in this group my contact no.97603444674
    Mahender jain · 5 years ago `
    Pls add 98452
    Atul V Yevle · 5 years ago `
    REQUEST TO PLEASE ADD ME TO THE GROUP. My Cell No- 9870229729. Atul Yewle
    Coach Maria Marsala · 5 years ago `
    Annop and SN posted this link to the group for those who want to join. https://t.me/joinchat/AFjQFD2ZXXkhqG1NKm7qBw

    Great idea. Go India!


    Does the group help other advisors to find successors? OR maybe someone on the list knows someone who helps advsiors find successors or to execute their long term succession plans? I met a few IFAs during my CIFA2018 visit whose family business won't be a family business in the next generation. They were having a difficult time finding true, honest, excited successor advisors.
    Hari J Nair · 5 years ago `
    Dear All,
    I Hari J Nair, ARN - 141214 working as IFA under NJ Wealth, Mumbai. I wish to join your group as my mobile no is 7025165085 and email id is harinair.hdfc@gmail.com
    Kindly add me in the group as I am sourcing applications from Mumbai, Thane, Palghar, Cochin and Indore .
    Sanjay Nadgir · 5 years ago `
    Please add me in your telegram group .my mobile no is 9820386970.
    SWAPAN KUMAR ROOJ · 5 years ago `
    Hi Sir!
    Please add me in the group.
    My contact number is 7548074134
    Mohit Jain · 5 years ago `
    Milind bhai I am a great Fan you since i have seen your "SIP karo MAST raho" campaign pics. I am using them from quite long time but not aware about this . Now I am happy that i have joined the group today.
    Hope I will learn and contribute more on this group.

    Mohit Jain
    Financial Funde Investments
    M-9210770077
    Web : Financialfunde.com
    City : Ghaziabad
    Hunny · 5 years ago `
    Hello sir I also want to join the group
    ANAND JAIN · 5 years ago `
    Pls. add me in the group, my no.9962789734
    praveen kumar Dhole · 5 years ago `
    SIR ADD ME IN THE GROUP MY MOBILE NO IS 8297810681
    Ankita · 5 years ago `
    Please add 8209935474
    JITENDRA PANJWANI · 5 years ago `
    PLEASE ADD ME IN THIS GROUP
    JITENDRA PANJWANI · 5 years ago `
    PLEASE ADD ME IN THIS GROUP MY MOBILE NO IS 9314170200
    Mitesh · 5 years ago `
    When I tried to join the telegram link pasted above - t.me/joinchat/AFjQFD2ZXXkhqG1NKm7qBw. It did not work, it says Link Broken or Expired. Kindly help!

    Name: BrightPath Wealth Management

    Address: 1010 Divya Gunjan, Gaurav Gardens, Charkop, Kandivali West, Mumbai, Maharashtra 400067

    Phone: 090825 14106
    SHAWN PATEL · 5 years ago `
    ADD ME IN GROUP 8080801812
    Vivek · 5 years ago `
    Hello sir, Please add me in this group. My mobile number is 9665423800
    Abhijeet · 4 years ago `
    I need to startup company in Mumbai.. America (US / NYSE )and all Global equity trading on this platform..Intraday trading...no client basis..no calling..
    kunal · 4 years ago `
    How to join your telegram group and it is free or paid please rply
    SUDESH SHASHIKANT YADNIK · 4 years ago `
    Sir Pls add me to Telegram group. No 9970457841
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