Compliance will become an important part of mutual fund distribution business. Keep an eye on it.
Work hard in good times. Double the hard work during bad times.
What matters is a few hundred active clients, not thousands of inactive ones.
If you play from the clients side, the referee won't foul you.
Monthly SIP book of 1% of AUM is the ultimate rule for AUM growth.
Don’t try to create your importance by making things complex for clients. It doesn’t work in the long term.
Clients like positive and optimistic IFAs.
Cut your words. Let the client speak.
Super IFAs spend time with other Super IFAs.
In difficult times IFAs need to be doubly motivated.