After acquiring his CFA and FRM (risk management) credentials and working in the Gulf for several years in the financial and fund management spaces, Aiyappan returned to his roots to Mysuru in 2018 to continue the family tradition of engaging in the MFD profession.
In 5 short years, he has taken his AuM up from next to nothing to 320 crs and now has a clear plan in place to reach 1000 crs AuM in the next 4 years.
He currently serves over 1000 NRIs and is also expanding his footprint domestically with notable successes in winning corporate professional clients from Bengaluru and other major metros.
Educational webinars on Zoom for NRI and domestic prospects have been a key driver for his growth. He believes in plain truth, no sugar coating, active dispelling of preconceived notions and unrealistic expectations – facets that win him trust and result in high conversion of prospects into clients.
He applies his extensive education and experience in driving a valuations focused guidance model. He currently prefers large caps over small and mid caps.
He sees the new regulations on GIFT City as a big business booster as many more NRIs who were otherwise not willing to invest in India in rupees will now be able to invest in dollars, with tax and repatriation benefits.
While his wife and he have been steering the ship thus far, Aiyappan has now started building a sales team to expand his retail footprint in Mysuru.