No Paid Tips. But there are many more gems one of them is D.Muthukrishnan. Find contacts: direct phone number, email address, work experience. With all this hard work it took him almost two decades to reach the top of the pyramid from the bottom. mywealth.gr / . When Khatri opened shop in 1994 in Vashi, Navi Mumbai was a rising township. feet office is on the first floor and has sparse furniture. 1 crore, with over 1100 live SIPs at an average of over Rs.9000 per SIP. In 2013-14, 2014-15 and 2015-16, close to 6,400, 6,000 and 8,200 new distributors (individuals) have got the licence to sell. You are just one step away from creating your watchlist! Refine Your Search Results. House, a one-storey commercial facility with several offices measuring up to a maximum of 250 sq. : : , . The professionals associated with this site are Registered Representatives with and Securities and Advisory services offered through LPL Financial. In 2008, you would have moved to Sundaram Select Focus. If a patient comes to a doctor, whether it is Ambani or the man on the street, his diagnosis has to be the same. ITC infotech is a small component of ITC conglomerate. The 1000 rupee fee was never designed as a major income stream - it was a way to demonstrate seriousness and professionalism in our interactions. I have clients who have been with me for years, who are aware of DIY portals and who continue to be with me - only because they saw that when markets turned choppy, I was there to hold their hand, I was there to reassure, I was there to ensure that their SIPs did not stop in panic and I was there to steady the ship when it mattered most. One thing an investor needs to know he has to have a sound sleep once invested in a good fund and allow little time to grow, instead of keeping a watch eery time market corrects he should watch the funds performance only once in the market cyclic period ie every 5 years. He joins a national list of less than 25 IFAs who have achieved a SIP book of this size. An individual whose portfolio value is more than this is termed as an HNI. Apart from the above, I also hold Post Graduate Degrees in Commerce & Corporate Secretary ship (M.Com & MCS). This will alert our moderators to take action. My articles focus on long term investing, on SIPs, on the power of compounding, on simple ways to create wealth. He has his own test to assess risk tolerance and keeps a hawk-like watch on new clients. Venkatkrishnan, too, nudges her clients to enjoy their wealth. In 2010, I did some introspection and came to the conclusion that I had to change my strategy completely. O Mr. Muthu, Dr. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); & I MyWealth.gr 2021 Whenever we talk about value investor in India, the first name comes to mind is Warren Buffett or Rakesh Jhunjhunwala. It is a fact most investors are chasers. We are very choosy about the fund houses we work with. 88 . Bear markets do create panic. Debt to Equity funds | D Muthukrishnan is the founder of Wise Wealth Advisors and a certified financial planner (CFP) in Chennai. In addition, I make it a point not to give advice on Twitter. As on December 31st 2016, by doing the above performance chasing, you would have ended up with Rs.1,47,704. After 15,500-crore bet, Rajiv Jain says Adani Group is irreplaceable, ASG Eye Hospitals takes operational control of Vasan Eye Care, Only 2 Sikkim traders churned $6 billion volumes on MCX; SEBIs order raises further stink, Niftys outlook for March 3, 2023: Go long now, and at 17,580, Select Central government employees can opt for Old Pension Scheme, WHO puts Kerala girl on World Hearing Day poster, ATK Mohun Bagan 2-0 Odisha FC Highlights: Goals from Petratos, Boumous secure ISL semifinal spot for Mariners. Not here to sell anything. The facts and opinions expressed here do not reflect the views of. . He handles the finances of about 300 families with 150 crore in AUM. By interacting with various people, I have increased my visibility. Here at WealthWise Financial Services, our job is to help you articulate your vision, navigate the risks along the way, and create a lasting legacy. From his tweets, it's apparent that he used to be a mutual fund distributor and while now he is mostly an investor in his own right, he has much to say about the way mutual fund distribution works, and very little of it complimentary. The key is to create a need for your services first, and then acquire more clients, by showcasing how you can address their need. . He started his mutual fund distribution business in 2007, and since 2017, his focus has been catering to existing clients. He joins a national list of less than 25 IFAs who have achieved a SIP book of this size. At WealthWise Financial Services, we deliver personalized strategies that embody the values of integrity, competence, and care. All rights reserved. 1 crore in a B30 location, Pune MFD receives award from a journalist association for spreading investor awareness, Noida MFD writes a poem for women investors. Do invest in right fund. How does he approach asset allocation? 2. They have taken a period of last 10 years, January 2007 to December 2016. Copyright 2023, THG PUBLISHING PVT LTD. or its affiliated companies. I am also agree dont invest on NFO & sectoral. In contrast to many advisors in the market, Rajaraman focuses more on asset allocation than on product advice. 6 crores with a SIP book of Rs. Her days regularly begin at 7 am and ends well past midnight. You would think that distributors spend most of the time collecting inflows. Enjoy sharing thoughts on investing, personal finance and more. . If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. He only accepts those with a minimum 10-year horizon. Some distributors, like Muthukrishnan, are choosy about their clients. We have stringent yardstick for both selecting and removing the funds. Useful article for All. For the first time, I used Wizugo for my Twitter account automation, and it became the savior of my sinking account. Enjoy sharing thoughts on investing, personal finance and more. Not everyone in this world can be a business tycoon or have a top-tier position in a big corporation. Self-doubt was creeping in. In 2010, I took up a 200 sq.ft. All content in Marketing Wiz is created by Wealth Forum and should not be construed as views of Kotak MF. D. Muthukrishnan, a Chennai-based certified financial planner, who manages assets worth 111 crore (as of end March 2016), gets inflows worth 1.26 crore every month through SIPs and caters to 176 families. , . 2 times ZERODHA Challenge loser. More activities are harmful for the portfolio and lead to bad outcomes. I realised the merit in not chasing the big business, because rich people may be successful in their chosen spheres but tend to become arrogant and start an inter-agent competition on their investment returns. Resides in Los Angeles, CA. #Bitcoin Since 2017, he has been focusing on serving his current clients and not taking on any new ones. . But do SIPs work? Member FINRA & SIPC. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Khatri belongs to the community of individuals and institutions who bring financial products to your doorstep. Dont miss out on ET Prime stories! We help you create a living legacy to carry out your vision. The credit for my successful Twitter account goes to https://wizugo.com/. Writing blog posts, sending daily text messages on his clients mobile phones with a quote advocating long-term investing is his way of staying in touch with clients. No one can predict fund performance. Certified Retirement Counselor (CRC) conferred by InFRE. I actively make note of how many times a client calls me in bear markets. If someone has a lot of EMIs or revolving credit, I ask them to go back and get their finances in order first, he says. He thinks AMCs need to reduce the cost differential between Direct Plans and regular ones. Views are personal and are not recommendations. Our endeavour will be to continue showcasing ideas and insights from successful practitioners that can help put your business onto a high growth path. She has sessions with her clientsalmost 60% of them are women, so she insists on the husbands to also join their wiveswhere she explains the need to have goals for every investment. Comments have to be in English, and in full sentences. Whenever I share an article or retweet someones post, I add a few words of my own. Related To Subbaratnam Muthukrishnan, Aravind . Within that, again I allocate two-third to equities and the rest to debt. House No- 774, TR Phookan Road, . When you recommend to your clients what you yourself do, it works. 07 6PM comin real soon . My advice to advisors is to increase interaction with people on social media. He wanted Venkatkrishnan to invest some of his income. Though he was getting paid well, various factors including the odd working hours, continuous travel, and stringent timelines started to take a toll on health. . The number of new corporate distributors to enroll, too, has gone up, from a low of 182 new registrations in 2012-13 to 611 in 2015-16. Written by: Alvin Chow. , . , , . Usually, I allocate two-thirds of the investors portfolio to the home country and one-third to India. Your session has expired, please login again. This meant quite a struggle initially. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. I ensured that I had good quality content on my blog, and I regularly post 3-4 articles per month. He is aCertified Financial PlannerCM(CFPCM)and Personal Financial Advisor. Our financial planning process begins with us working together to articulate your vision of the future. He also holds a MBA in Finance from IFMR ( Institute for Financial Management and Research). Meet D Muthukrishnan, one of Chennai's leading certified financial planners. The moment you beginthe searchfor the best funds, thats when you invite sleepless nights, he says. Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards The American Business Awards, The International Business Awards, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the the Stevie Awards for Sales & Customer Service. But in my experience, it is N that is the most important the time over which you invested. Along with my SMS and blog strategy that ensured recall for me and my services, I made a radical change in the way I interacted with clients. . Conviction is contagious. . They cannot be abusive or personal. Generally, advisors tell investors that they can create alpha by selecting the best funds for them. Not at all, says Rajaraman. D.Muthukrishnan of Wise Wealth Advisors, Chennai. We believe that hard-working Americans have the right to pursue financial security by legally reducing their income and estate tax obligations. A candid investing chat with "Dr. Nugget" Muthukrishnan. Nice article & thanks for sharing . I believe since Twitter is a social media, one should focus on personal interests and passions. In the first of a 3-part series, we tell you stories of distributors who bring in investors by the bus load. However, I did not stop tweeting. Recently, a fund manager approached me telling he recognised me from Twitter. I keep it strictly for socializing. Let us assume you believed in chasing performance and investing every year in the previous year leader (the best fund in large cap category). Getting a clients asset allocation right is the key to investing success, believes Rajaraman K of RRK Advisory. Engineer, Full time FNO Trader since Dec. 2017.. Views only for learning. I'm 42 years old. There is enough leg space to stretch and sit comfortably. Mr. Muthu is a Certified Financial Planner (CFP) and . Neither Forbes nor SHOOK receives a fee in exchange for rankings. I must go beyond knowledge (market perspectives, fund selection etc) and focus more on helping with behavioural aspects of investing. He took up the CFP (Certified Financial Planner) certification and then started his practice about 11 years ago. These began to get appreciated and built a daily recall for my firm. Sanjay Khatri, chief executive office, Krushna Finance, says that although 60% of his clients are senior citizens, many of them were his clients even when they were about 40 years old. Get your daily dose of business updates on WhatsApp. I plan to expand to serve 300 families in the next 5 years, and have set myself an AuM target of Rs. In my first 3 years, I struggled to reach an AuM of Rs. What I can't control, I don't want to worry too much about. He started his mutual fund distribution business in 2007. Ten years ago, we all paid big commissions to book train or airline tickets. Smart distributors have learnt to keep their costs low. Venkatkrishnan likes to take the slow and steady approach. Important lesson to learn from this An advisors value comes not only from what he does but more so from what all he does not do, Nice article. He also appeared as theGuest of Jaya TVsbreakfast show, Kaalai Malar. Some clients asked me why I was not present in the social media and couple of them suggested Twitter as a good medium; to share what I'm learning and to learn what others are sharing. He eventually made a lot of money. . View MUTHUKRISHNAN L'S profile on LinkedIn, the world's largest professional community. Once, he says, a young couple came to his office to hire him as their financial planner. The remaining 98% keep churning, redeeming and lose out on the long term wealth creation. Most of us will have to live a middle-class lifestyle. I would like to end this with a Buffett quote: We will not equate activity with progress. , influencer, . I have a glass door outside. However, it should be noted that not all CLAS units will be distributed. . Getting a loyal following on twitter is every advisors dream. But it is equal or bigger than some midcap IT companies. Muthukrishnan cautioned: "Wealth is difficult to build and easy to lose." He also sends newsletters once a month to potential customers whose database he has carefully built over the years. The next 10 years of my career was in BPO. Apart from having among the highest number of SIPs in India, his corpus in equity-linked savings schemes (ELSS) is said to be 100-150 crore, one of the highest among independent financial advisers across India, according to MF industry officials. With his many innate interests in investing and personal finance, he used to give financial pieces of advice to many colleagues. I was anyway generating interest through my blog, so only those who were really keen came and met me. Switching to best performing fund does not guarantee good returns. D.Muthukrishnan ( Muthu) is the founder of Wise Wealth Advisors He is a Certified Financial PlannerCM (CFPCM) and Personal Financial Advisor. Today, he is a Chennai-based Certified Financial Planner (CFP) and the founder of Wise Wealth Advisors, a financial advisory firm that helps clients to build and manage their wealth. MUTHUKRISHNAN has 1 job listed on their profile. Discussing the monetary revolution as it happens in real time. Join them and stay updated by subscribing to Cafemutual newsletters. Login to get instant access to this article and many other such articles on business His objective is to help as many people as possible to become financially independent so that their quality of life improves greatly. By asking those who were interested to come to my office, with a prior appointment, and pay me Rs.1000 for a consultation, I stood apart in the prospect's eyes. He doesnt offer SIPs as one of the options to his clients; it is the only option. We specialize in working with business owners, key executives and women investors. , , D. Muthukrishnan. A very successful advisor in North India, Ashish Modani of Jaipur believes that it is just two tenets that have helped his clients create wealth simplicity and discipline. 30/10/2022 06:13:43 PM Share: Having realised that it will take time for clients to walk into their office on their own, the couple decided to step out and hit the road. I want them to think about why they are investing. Adhering to this would ensure long term outcome of excellent wealth creation for your family. Wealth managers do not pay a fee to be considered or placed on the final list of 2012- 2021 Five Star Wealth Managers. In 2014, I started posting my favourite quotes to test the waters. D.Muthukrishnan. So, who is a retail customer? We have migrated to a new commenting platform. Mphasis was an obvious starting point for Shyam as he had worked there for two years, before he and Priya started PeakAlpha. But most distributors start at a lower stratum of the investing population, which is the retail customer. . 0.0 . At Sapient Wealth Management, we are in the business of simplify . At the same time, in the second half of the nineties, the BPO industry in India had started coming up. Chadha, a retired army man who served in the Indian Army for 11 years at various places, started his distribution firm in 1995, when he was 31 years old. During his first three years as a financial advisor (Muthu quit a BPO job at 34 to take up a full-time career in financial advice), the raging bull market of 2006-07 was on. @dmuthuk. Even though he says he [] , . My efforts are always only in one direction: to help investors understand that a simple goal based systematic investment approach, executed without exception, is all that they really need. Prior to the distribution, CLIM owns 37.53% of CLAS and CLIM is going to distribute 8.48% of CLAS to shareholders. #GrowwIndependent #IndependenceDay2018 #IndepenceDay2018 They consult me on sensitive matters like having a second child, or quitting a career for studies Thats surely something no robo advisor would be able to do! Muthukrishnan Financial Planner (CFP) Wise Wealth Advisors, . Muthukrishnan says he spends much of his time counselling his clients at the beginning of their relationship so that they understand the merits of SIPs and a buy-and-hold strategy. Do your duty and let the fund do its duty. People liked my comments and clicked on my link, thus boosting traffic to my blog. I felt completely helpless. 2258. I started getting 4-5 hits a day. There are about 19 senior citizen clubs here. I immediately thought about what personal finance advisor D Muthukrishnan recently shared. So is there merit in distributors going after the small fish? ( ..) Views are personal and are not recommendations. 12h Any good fund or fund manager or investor is likely to underperform for 3 or 4 years during a 10 year period. Experts say that getting the small investor to invest is a tough job. D. Muthukrishnan, a Chennai-based certified financial planner, who manages assets worth 111 crore (as of end March 2016), gets inflows worth . By sharing infographics and giving commentary on news or articles, I am able to reach out to a wide audience. He has also contributed for Sun News Vaniga Seidhigal. . A radical change in marketing strategy in 2010, led to an incredible 15x growth in his business over the last 5 years, and has now catapulted Muthukrishnan into the big league of IFAs. The Forbes Best-In-State Wealth Advisor ranking, developed by SHOOK Research, is based on in-person and telephone due diligence meetings and a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. After working hard for 7-8 years, I had to rebuild my business from scratch," he says. I have clients with SIPs from a few hundred rupees to a few lakh a month, he says. If someone has posted a tweet, reply immediately. If a goal is coming up within the next five years, he keeps off equities. Apart from a modest office and minimal staff strength, Muthukrishnans engagement with clients is geared toward nudging long-term behaviour and limited tracking. 'IFA SUCCESS MANTRA' by Mr. D Muthukrishnan, Founder, Wise Wealth Advisors, Chennai As a business owner, you are looking after the best interests of your company and employees; you also need to look for yourself, We know that as an executive you have an array of complex benefit plans available to you, We are passionate about helping women understand and take control of their finances.

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