CNBC-TV18 Financial Advisor Awards 2017 - 18
The true test of a Financial Advisor is in extreme market conditions, which the world witnessed over 2017-18. A few extraordinary individuals stood up to the challenge and earned intangible assets - admiration & respect. CNBC-TV 18 FINANCIAL ADVISOR AWARDS 2017 - 18 honor those outstanding Financial Advisors who have delivered during crucial times. Out of over 39000 aspiring entrants, we have been adjudged as the “Best Performing Individual Financial Advisor - Mega Cities (West)” for the 7th 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
Qualitative parameters
- Educational / Professional Qualifications
- Experience
- 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
Quantitative parameters
- 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.