Wealth Forum IFA Association Awards 2014

posted: 7th September 2014


IFA Associations across the country have been doing a great job in recent years in rendering a much needed range of services to their members. Office bearers of these associations put in huge personal efforts, often at the expense of their own businesses, to nurture their associations and provide valuable support to their members. Wealth Forum salutes these selfless efforts and is happy to announce the institution of the Wealth Forum IFA Association Awards, as a small token of appreciation of the fantastic work being done across the country. Check out the winners of the first edition of these awards.

The last 5 years has seen the growth and blossoming of many IFA associations in different parts of the country, each one rendering a much needed service to its members. Having vibrant associations helps the IFA fraternity in many ways - three of which, in our opinion, are critical to the long term development of this important business community.

Wealth Forum has always supported the cause of IFAs in India and we think it only right that associations who are tirelessly and selflessly working for the benefit of IFAs, must be recognized and applauded.

Wealth Forum has therefore instituted the Wealth Forum IFA Association Awards, the first edition of which was given away on 6th September 2014 at the 5th annual Wealth Forum Platinum Circle Advisors Conference, in Mumbai. The awards were given away by CEOs of leading fund houses.

Three awards were given - one each for the 3 critical aspects that we outlined earlier :

We asked all AMCs who participated in the conference to give us their nominations for these 3 awards and the winners were decided based on majority votes in each category.

Wealth Forum IFA Association Award 2014 for Excellence in Regulatory Engagement

AMCs were asked to nominate an association which in their view has done a commendable job in taking a proactive stance in engaging with SEBI, AMFI, MoF and other regulatory or quasi-regulatory bodies to effectively put across the IFA fraternity's views on diverse regulatory and business aspects, and thus contributed to the development of the regulatory framework for the distribution business.


Milind Barve, CEO, HDFC AMC and Ashu Suyash, CEO, L&T Asset Management do the honours of declaring the winner. And the winner is.....


Wealth Forum IFA Association Award 2014

Excellence in Regulatory Engagement

Winner

Foundation of Independent Financial Advisors (FIFA)


Winner of the Wealth Forum IFA Association Award 2014 for Excellence in Regulatory Engagement is Foundation of Independent Financial Advisors (FIFA). Seen from left to right : Yogesh Sharma, Director FIFA, Dhruv Mehta, Chairman FIFA, Milind Barve, CEO HDFC AMC, Ashu Suyash, CEO L&T AMC, Sangeeta Jhaveri, General Secretary, FIFA, Roopa Venkatakrishnan, General Secretary FIFA, and Vijay Venkatram, Wealth Forum.

Wealth Forum IFA Association Award 2014 for Excellence in Practice Management

AMCs were asked to nominate an association which in their view has done a commendable job in supporting IFAs in enhancing their practice to become more successful and serve investors better, in helping group members navigate change successfully and in advocating a positive, forward looking stance in the industry to develop business on robust and sustainable lines.


Arvind Sethi, CEO Tata AMC and Sundeep Sikka, CEO Reliance Capital AMC do the honours of declaring the winner. And the winner is.....


Wealth Forum IFA Association Award 2014

Excellence in Practice Management

Winner

Mutual Fund Round Table (MFRT) / ASK Circle


Winner of the Wealth Forum IFA Association Award 2014 for Excellence in Practice Management is Mutual Fund Round Table (MFRT) / ASK Circle. Seen from left to right : Arvind Sethi, CEO Tata AMC, Sundeep Sikka, CEO Reliance Capital AMC, Surendra Bagadia, Mentor, ASK Circle, Bhavik Udeshi, President, ASK Circle and Vijay Venkatram, Wealth Forum

Wealth Forum IFA Association Award 2014 : Champion of the small IFA

AMCs were asked to nominate an association which in their view is doing a commendable job in helping small IFAs with knowledge and skills enhancement initiatives, taking up individual and collective causes of small IFAs and working towards solutions for individual problems as well as collective challenges.


Doing the honours for this award : Sandesh Kirkire, CEO Kotak MF and Dinesh Khara, CEO SBI Funds Management. And the winner is.....


Wealth Forum IFA Association Award 2014

Champion of the small IFA

Winner

IFA Galaxy


Winner of the Wealth Forum IFA Association Award 2014 for Champion of the small IFA is IFA Galaxy. Seen from left to right : S.R. Chandrashekaran, IFA Galaxy, Sandesh Kirkire, CEO Kotak MF, Dinesh Khara, CEO SBI Funds Management, A.K. Narayan, President IFA Galaxy, Ramesh Bhat, IFA Galaxy, S. Srinivasan, IFA Galaxy and Vijay Venkatram, Wealth Forum

Wealth Forum congratulates the 3 deserving IFA Association winners and salutes all other associations across the country that are rendering yeoman service to their IFA members and thus enabling growth of this important business fraternity.