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No alternative to technology. Kindly provide the latest software which is a must for an IFA.
As someone has said: If you can see the invisible, You can achieve the impossible. Apt article! Cheers!
A visionary article, beyond doubt.There for all to follow and build upon. Nevertheless, there is and will be a swarming crowd of potential clients which will need brick and mortar advisors to match their wavelength.
Gajendrabhai, youve rightly stressed the crucial importance of using technology, not only for our survival, but also for exponential growth of our business. Every IFA will have to embrace technology; other hell have to quit. Do keep me updated if you find a comprehensive tech platform. Thanks & Regards
i totally agree with the 2020 vision and how we would be operating. we may be feeling frustrated and upset with so much happening around. but the final outcome will be very fruitful. the present time is to prepare and adjust sails as the sea is rough but soon we all will ride over this phase and tell stories about how did we manage. make your own story......
Great effort sir, your suggestions regularly inspire me to do better then best.
I really enjoyed and appreciate the article. Simply well thought off and futuristic. Thanks for the time.
Thanks so much Mohsin and Pradip for your kind words. I am very hopeful that this will become reality much before 2020. Presently, I am giving couple of such softwares a try. Will certainly share with you the details if I fine them OK.
May I request all to share the information about the best platform/software as of today which can be used by an IFA. I agree that finding the best would be difficult and there will be changes in future but a reasonably near to perfect solution in technology for advisors which can solve the problems of financial planning, regulatory compliance, transaction execution, reporting, MIS, CRM and multiasset portfolio management at one place or a combination of 1,2,3 things would be expected.
Mr. Gajendra, you are a great visionary and I appreciate your anology going foward. Bulk of the time is spent on mundane unproductive activities as you rightly mentioned. Please let me know if you have such a software. Because this is the need of the hour. I have explored a few softwares and I found perfios can fulfill some of the requirements of Ms Moneypenney. But again it is investor centric and we need a software like Ms Moneypenney which you have visualized. Thank you for your wonderful insight and please let us know if you come across some software like Ms Moneypenney.
Look forward "Moneypenny" to become reality much before 2020....
Gajendraji has been a genius presenter on technology. Now he has proven that he is creative too. This is a superb write up on a scenario that can exist & the metaphor of Ms.Moneypenny chosen so aptly is perfect to the T. Yes we cant do without technology. Thank you Gajendra.