CNBC-TV18 Financial Advisor Awards 2015 - 2016
The true test of a Financial Advisor is in adverse market conditions, which the world witnessed over 2015-16. A few extraordinary individuals stood up to the challenge and earned intangible assets - admiration & respect. CNBC-TV 18 FINANCIAL ADVISOR AWARDS 2015 - 2016 honor those outstanding Financial Advisors who have delivered against the odds. Out of over 38000 aspiring entrants, we have been adjudged as the “Best Performing Individual Financial Advisor - Mega Cities (West)” for the 6th time.
About the awards
CNBC TV 18’s Financial Advisor Awards were started to recognize & acknowledge, the critical role played by financial advisors in the wealth creation & preservation process. These prestigious awards were India’s first and most authoritative evaluation that recognized the best financial advisors across the country and became a benchmark in the financial world and acknowledged the contribution financial advisors made to creating wealth and distributing expert and productive financial advice.
The Evaluation Process
ICRA Limited, India’s leading provider of investment information and credit rating services in India, and an Associate of Moody’s Investors Service, conducts the evaluation process. The assessment is carried out based on the following indicative parameters
- Educational / Professional Qualifications
- Quality of research / advice
- Quality of service - based on feedback from investor sample
- Competitive Strengths and Market Position
- Value Creation for Customers
- Product Uniqueness and Innovation
- Average tenure of relationship with clients
- Forms of compensation (commission-rebate model or fees model)
- Main Achievements
- Assets under management (size)
- Asset profile
- Investor Accounts
- Number of investment advisors
The evaluation process is a three-stage process with the first stage being screening of completed nomination application forms. This stage is followed by short listing of a limited number of financial advisors in each category (top 10% - for example); detailed information is sought and analysis carried out based on extensive interactions with ICRA. The third stage involved three final short listed financial advisors going through a round of presentations to a jury comprising of industry experts, regulators, CNBC-TV18 representatives and representatives from ICRA.