Religare Online Branches in KOLKATA

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B Jitu Dhabari believes in thoroughly researching prospects before visiting them because it improves his conversion sharply. B Jitu Dhabari entered the financial sector at an early age of 14 as an intern in a financial firm in Kolkata.

During his college days, he joined the same firm as a sales executive. This early start helped Jitu more aware about various opportunities in the financial world. So, after completing his graduation, he decided to be a part of the stock broking industry.

After working for few months as best stock broker in kolkata sub-broker, he decided to open his own stock broking firm Balaji Wealth Care. Jitu liked it what he heard and joined the insurance firm as its distributor. Meeting with early success in selling life insurance, he also added general insurance in his offering basket.

Duringone of his friends suggested him to look at mutual fund distribution as it held tremendous opportunity. Jitu was introduced to Sujata Ramchandran of Franklin Templeton and so impressed was he with her briefing about the products and industry that he quickly got in to mutual funds.

She also promised to go for joint calls to clients. Jitu started the mutual fund business by promoting SIPs. He found that this method of investing had long term potential. In his initial days, Jitu was only able to acquire small ticket investors. It had been two years and he was not too satisfied with his AUM.

He tried different best stock broker in kolkata techniques but was unable to convince HNIs. Then, one day his friend referred him to the owner of a big stock broking firm who only invested aggressively in shares and not mutual funds.

Around this time, Franklin Templeton launched a Franklin India Smaller Companies Fund, a diversified equity fund which invested in mid and small cap companies existing in India. One fine day, Jitu walked into his office without any appointment and this is how Jitu narrates the story: The owner was seated inside a cubical cabin busy discussing some important matters.

After finishing his meeting he asked me about his purpose of visiting him. I introduced myself as a representative of funds. On hearing this, the prospect looked disinterested. I have never heard of it. It is costly as well as difficult to procure data, track records and performances of these small and midsized companies. So Franklin India has launched a fund named — Franklin India Smaller Companies Fund which invests in such companies… Would you like to best stock broker in kolkata in this fund?

Best stock broker in kolkata fund will give you best stock broker in kolkata opportunity to invest in a number of booming SME companies. After this, the prospect asked me to wait outside his cabin.

After completing his dictation, he handed best stock broker in kolkata the list with a cheque of Rs 55 lakh for investing in this fund in the name of almost all his family members! I jumped with joy as it was the first biggest investment I had cracked. After this instance, Jitu makes it a point to do a detailed research about the investment pattern of any HNI client he plans to visit. This instance taught Jitu to develop a strategy through which he can convince the prospect and turn him into a client.

In future, besides distribution, Jitu also wants to offer complete financial plans to all his clients. He wants to develop an advisory business model rather than distribution. So, he is currently pursuing CFP. Login or Sign up. Tarraki Corner From a sub-broker to a financial advisor. Pallabika Aug 31, The turning point In his initial days, Jitu was only able to acquire small ticket investors.

No looking back After this instance, Jitu makes it a point to do a detailed research about the investment pattern of any HNI client he plans to visit. Air Force veteran becomes a SIP hero. A social media group on Telegram to answer IFA queries. Amravati based distributor pulls off another feat, initiates SIPs worth Rs. Lessons in wealth and health from the ICU: Be the first to comment. Any disagreements or criticisms must be expressed in a best stock broker in kolkata manner.

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