UTI MF and CNBC TV18 present 'Financial Advisor Forum' in Delhi
Company Brief
New Delhi, June 15, 2009
The relevance and importance of financial advisors has grown manifold in the past year as investors sought alternate investment avenues to counter volatility. In the recent past markets at times had threatened conventional wisdom regarding the tenets of long term investing at any given time. Return on Investment (RoI) was being questioned. This environment has brought the spot light on individual financial advisors who have been astute in advising investors regarding their asset allocation and portfolio rebalancing strategies that would optimise risk and returns. Thus they have not only been able to increase their customer base but also have partnered in wealth creation and preservation.
Given the constant volatility in markets it is imperative that these financial advisors are knowledgeable to provide informed advice which is unbiased and trusted, thus reinforcing investor confidence. UTI Mutual Fund and CNBC-TV18, India's No.1 business medium and the undisputed leader with technology partner Miles Software presented Financial Advisor Empowerment Forum, a platform which provides a fillip to the knowledge database of India’s financial advisors in Delhi today.
This individual financial advisor forum, a precursor to UTI and CNBC-TV18’s Financial Advisor Awards 2009, travelled to Mumbai and Bangalore prior to Delhi and helped the Individual Financial Advisors to share with them insights from thought leaders in the category. The panel for the discussion included luminaries and leaders such as Mr Dhirendra Kumar- CEO, Valueresearch.com, D Swaroop – Chairman, Pension Fund Regulatory and Development Authority (PFRDA) and Mr UK Sinha- Chairman and MD, UTI Asset Management Company Ltd.
The panel discussion revolved around:
- Increase penetration in rural areas
- Investor education
- Roadmap to bring Financial Advisors under a common certification
Speaking on the importance of the forum Mr. Neel Chowdhury, Vice President, Marketing CNBC-TV18 and CNBC Awaaz said, “CNBC TV-18’s USP has been to advise viewers on prudent investment. We would like to enhance our USP by bringing it to the investor’s doorstep. Therefore, financial advisors forum is an important part of our intent to help investors, especially in these tough times. UTI MF and CNBC TV-18’s Financial Advisor Empowerment Forum is a humble step in bringing to light tools, which can help financial advisors become more effective and help reinstate investor confidence.”
Speaking on the importance of the forum Mr.Jaideep Bhattacharya, Chief Marketing Officer, UTI Mutual Fund said, “Financial Advisors have played a critical role in the expansion of the Mutual Fund industry in India. Financial Advisors Awards is recognition of their efforts to create long term wealth for their clients.”
Milan Ganatra, MD, Miles Software, “Identifying and using technology and solutions that are integrated, collaborative and reliable while meeting and exceeding market and business needs is a challenge in today environment for Financial Advisors”
For further information, please contact:
Hanmer MS&L
Abhishek Phadnis
Mobile: 9930336426
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