Ashish Modani - Podcast Details

Shows

Moneywise16: 016 - Behavioral Finance with Ashish Modani - Founder of SLA Financial Solutions “...the lack of patience in investment actually never makes money. The most important variable is the time that you give to investments. But what happens (is)...we actually focus on getting the maximum returns, and in that process, we lose our patience. If you want to create a sizeable amount of wealth, what you need to first give is loads of time, and for that, you need to have patience.” Ashish Modani is the founder of SLA Financial Solutions, one of the top financial advisory firms in India. With two decades of experience in the field of fina...2022-09-2316 min

Unpopular Financial AdvisoryWhy are MFDs scared of DirectDirect is coming out as one big threat to many MFDs. I tried to find the answer how can we overcome this fear. 2021-04-2205 min

Unpopular Financial AdvisoryAre you doing a business or are you an employee under your own ARN codeIf you don't know what investment is, you would never create a business model 2021-04-1404 min

The Financial JourneyWhy DIY investing may not be good for your financial health?Can new age Technology replace good old humans? Is DIY Investing really worth the time and energy you invest in it? Will DIY investing ensure you reach your goals and not get lost on the way?Being in the financial intermediary business, these questions have not only been a part of our team’s everyday discussions but have also given us a realistic picture based on our client’s experiences. In this podcast, our Founder - Ashish Modani walks you through one of our client’s DIY investing experience and his realization about “He cannot do it all”. Ye...2021-03-0107 min

The Financial Journey4 reasons why you should change your financial intermediaryA few days ago a prospective client called me and stated that he already had an existing Financial Intermediary but wanted to shift to a new one. On asking him the reason for making this switch, the prospect gave two reasons which bothered and intrigued us at the same time. So, what reasons should really drive you to change your Financial Advisor or Intermediary? As an Investor, what should you expect from your advisor in terms of their scope of work?Our fresh new episode walks you through this topic in greater detail and dives d...2020-12-2508 min

The Financial JourneyHave your financial priorities changed with age?Our life plans and dreams change at each stage of life as we age along the way. This week’s podcast walks you through a conversation that our Founder - Ashish Modani had with a 72-year-old prospective client. This client has a scattered bag of investments in his portfolio which he chose to invest in with no specific goal in his mind. His concern - No Returns! But this concern didn't bother Ashish. Questions like - "Does the client have a succession plan in place (given he has no kids)? Was his wife aware of his investments? How...2020-12-1106 min

Unpopular Financial AdvisoryThis is one reason why most MFDs get stuck in their growthOur time is stock in trade and we should know where are we investing our time. 80% of time gives 20% revenue and 20% of our time gives 80%. Where is your 20% of time going 2020-11-1205 min

The Financial JourneyIs Limited Term Premium Policy really beneficial?Buying a life insurance policy has always been a mind-boggling puzzle for most of us.This week’s podcast dissects the details of our recent candidate in the term insurance run - ‘The Limited-Term Premium Policy’ that is making heads turn now more than ever. This policy, allows you to pay higher premiums and enables you to pay off your amount in a lesser number of years while staying covered for the term much longer than the regular insurance policy. Moreover, it also has the provision of giving you a cover up to the age of 85! Impressive, isn’t...2020-10-1607 min

The Financial JourneyBad financial decisions are always made in the best timesWhen our income increases, everything seems so rosy, hopeful and optimistic, leading us to make long term financial commitments that seem just right! But looking back on the past the same financial decisions may seem terrible, careless and impulsive, sometimes even costing us a fortune, when sadly things might not seem so rosy anymore! This week’s podcast with Ashish Modani walks you through a similar incident faced by one of SLA’s clients and how the ongoing pandemic isn’t pain.2020-09-1804 min

Unpopular Financial AdvisoryTechnical or Management Knowledge - Which is more important and why? Technical Knowledge gives you the entry pass into the professional world Management skills take you to heights. One has to be CEO of an organization for scaling up and not a great worker. 2020-09-1309 min

Unpopular Financial AdvisoryDIY investors are looking for advisors.. Are you the one whom they will come toIf you work on your brand, create pull factor ... days are far away when you will get huge portfolios 2020-07-3006 min

Unpopular Financial AdvisoryOne thing that actually makes MFDs successfulUnderstand what 2020-07-0707 min

Unpopular Financial AdvisoryThis is one big mistake often MFDs make!! One thing we must ask ourselves, do we really preach what we teach Look it from Investor's angle and you will see the world is far different We lure investors with easy tactics. We shall reap what we sow, sadly. Unless our talk will not move from return to something else, I am afraid, we will not be able to make investors a real long term investor in mutual funds 2020-06-2705 min

Unpopular Financial AdvisoryTeam Building-Ep10- How I developed a team of 25? Started in 2004 as single man army and today have a team of 25 people. Back End is the soul of any organization. Look for Needy and talented, dont judge them by Degree You will not get a better chance than this (corona crisis) to build a team 2020-06-0607 min

Unpopular Financial AdvisoryWhy growth of many IFAs become stagnant after initial spurt When we start our business as Financial Intermediaries, by and large we start as a single man army. As we grow, we then keep adding more in our team to service clients. Later we add few in Front end. Miscommunication has been a part of our daily lives. Must work on creating right set of infrastructure in your organization. It is important to maintain accountability and responsibility. 2020-05-2706 min

Unpopular Financial AdvisoryTeam Building-Ep8-Many IFAs are feeling low and unsatisfied Overloaded with work as there is no one in front end. Many IFAs become leaking bucket. Working alone is easier and getting work done is quite difficult Your RM is going to be a long term investments like SIP 2020-05-2505 min

Unpopular Financial AdvisoryBrand Building-Ep4- Are you guilty of doing this wrong thing? We have limited resources and limited budget to build brand Look at the way many of us gets visiting card printed. It shows WHAT we are dealing in Clients want to know WHY are you in the business and not WHAT you deal in Visiting which we often use as first branding thing may give perception of a seller People dont like to deal with sellers but with advisors 2020-05-1605 min

Unpopular Financial AdvisoryBrand Building-Ep3- Put yourself in this situation before you think of building brand Why do we have to work on branding Branding eases the process of sales How clients perceives the brand is most critical 2020-05-1404 min

Unpopular Financial AdvisoryBrand Building - Ep 2 - What makes clients the most loyal? There are mainly three reasons how consumer take buying decision - Price, Novelty and Loyalty. Price and Novelty are decision taken by mind but loyalty is created when consumer thinks from heart. For them to think from Heart - manufacturer or service provider has to work on WHY DO THEY EXIST. 2020-05-1205 min

Unpopular Financial AdvisoryBrand Building - Ep 1 - WHY_HOW_WHAT of a Financial Intermediary Understand Why are we here as Financial Intermediary How do we conduct our business What do we do? Why Apple is one the best brand Which Ad of apple would inspire you? 2020-05-1104 min

Unpopular Financial AdvisoryTeam Building - Ep 6 - Become Business Development Manager and leave post of RM We hire RMs but dont know what work to give References also wants to talk to me only You have to think beyond you Resign from RMs post and become BDM Groom your RM the way you groomed your child 2020-05-0805 min

Unpopular Financial AdvisoryTeam Building - Ep 4 - Are you ready to invest? Most of the IFIs are chocked and dont have time You need to give your clients to RMs for them to start Your RM will not give you immediate returns You need to remain excited, without excitment one cannot grow 2020-05-0503 min

Unpopular Financial AdvisoryTeam Building - Ep 2 - Don’t look at what can go wrong, think what can go right Without team, its impossible to grow There is risk in keeping a team and more risk in not keeping a team Don't expect guarantees when building a team Risk can be reduced not eliminated 2020-05-0503 min

Unpopular Financial AdvisoryTeam Building - Ep 1 - Excuse is the biggest enemy of growth You started because you wanted to survive Once thru from survival fear, now you want growth Team is what you require to grow now 2020-05-0502 min

Unpopular Financial AdvisoryFirst Podcast - My dear IFIs, Are you future ready? Do we really want to grow What steps are we taking Problems will keep coming with different names 2020-05-0502 min

Unpopular Financial AdvisoryTeam Building - Ep 5 - Dont Hire People - Partner Them MFDs are more fearful than puzzled Dont make money as motto - money is just bye product Elevate from being good to great Reasons why team sticks Even owner is just an employee Introspect where you have gone wrong 2020-05-0505 min

Unpopular Financial AdvisoryTeam Building - Ep 3 - Team building is not going to be easy You will continue to make mistake even when you go up the ladder Your team will not work for you, it is you who will have to work for them Delegate, build system, then further delegate - repeat this process Dont expect immediate results 2020-05-0503 min