AMIT PRASAD
Navi Mumbai
Summary
Wealth Advisor working in the Wealth management and advising field. Expertise in mutual funds, stocks, and debt liquidation. Qualitative and Quantitative research on various ratios, fund manager performance, alpha, beta, standard deviation, rolling return, portfolio turnover ratio and stock fundamental analysis and ratios like PE, ROE, ROCE, EPS PEG, CFO/PAT, Quick ratio, Interest coverage ratio, cash flow per share, debt/ equity ratio, free cash flow, cash flow statement. PAT margin etc.
Overview
16
16
years of professional experience
Work History
Senior Partner
Growthfiniti Wealth Pvt Limited
Mumbai
11.2022 - Current
- Updated clients on changes in tax laws and other regulations affecting investments.
- Maintained open-door policy and responded to stakeholder concerns.
- Chaired partner meetings to drive discussion of matters important to firm operations, keeping discourse on-topic and moving at efficient pace.
- Explained available courses of action and possible repercussions of cases to clients.
- Identified clients' financial conditions and needs through financial planning analysis.
- Evaluated clients' financial status to provide recommendations and suggestions on proper investments, debt management and insurance.
- Conducted client meetings to review, develop and update clients' financial goals.
- Assisted clients with preparing financial plans, conducting investment research, and completing trades and transactions to assess and meet financial goals.
- Worked with clients to support understanding of rationale and details of financial strategies.
- Helped individuals and families build and execute wealth management strategies based on unique goals and objectives.
- Met with clients to discuss assets, expenses, and long-term and short-term investment goals to devise personalized financial plans.
AVP
LKP SECURITIES LIMITED
MUMBAI
11.2020 - 11.2022
- Provide Investment advice to clients on Insurance/Mutual funds/equity and generate revenue
- Maintain the portfolio of clients
- Strengthening business association with clients through excellent customer servicing and relationship
- Follow-up market information and trends and disseminate the same to clients
- Develop lists of appropriate investments for clients
- Follow-up clients on any issues.
- Frequently reviewed client accounts and plans to understand if economic changes or situational concerns necessitate changes in financial plans.
- Managed and updated over Number client portfolios weekly.
- Educated clients on various financial matters and provided professional recommendations on investment opportunities, products, and services based on each clients' individual needs.
- Assisted clients with preparing financial plans, conducting investment research, and completing trades and transactions to assess and meet financial goals.
- Cultivated and strengthened relationships with new clients and educated clients on account services and capabilities.
- Assisted clients with estate planning to organize distribution of assets based on client wishes.
Wealth Advisor
AVP, RBL BANK LIMITED
Mumbai
08.2018 - 11.2020
- India,400709
- Phone:, 919167222904
- Email: amit.prasadyes@gmail.com
- Provided organisational leadership and established business vision to achieve sales, profit and revenue goals
- Handling a team of wealth managers
- Mentoring them and guiding them to generate revenue
- Contact clients to determine any changes in their financial status
- Acquiring nurturing growing and strengthening relationship within the affluent clients and HNI segments of clients in order to meet Business objectives
- Focus on increasing the total relationship value ( TRV) of clients as per the business objectives
- Applied investment knowledge to constantly upgrade investment portfolio content
- Generating AUM and new clients Acquisition.
- Building and Managing ultra HNI customers.
- Achieving business targets assigned in terms of cross selling, enhancing and upgrading ultra HNI relationships all across products
- Profiling customers and provide products to meet customer needs.
- Developed personal rapport with each client to maintain customer loyalty and establish long-term accounts.
- Delivered strategic investment advice for individual and corporate clients.
- Answered clients' questions and inquiries in regard to individual financial plans and strategies.
- Prepared and interpreted financial document summaries, investment performance reports and income projections.
- Recruited, trained and mentored junior financial and support staff to generate ideas, share knowledge and grow firm.
- Facilitated new client onboarding process and investment account setup.
Senior Manager
IIFL PREMIA
Mumbai
05.2015 - 07.2018
- Educated clients on potential risks and rewards associated with various investments.
- Informed clients of strategies for reducing debt and maximizing savings.
- Provided specialized financial planning support for clients with diverse portfolios and individual needs.
- Devised comprehensive financial plans for clients to achieve short and long-term financial goals.
- Helped clients make informed decisions about financial future.
- Assisted clients with budgeting and cash flow management.
- Educated clients on financial topics and best practices.
- Monitored and updated financial plans to comply with client goals.
- Analyzed financial needs of clients and developed tailored strategies to meet goals.
- Implemented exit strategies for clients to transition out of investments.
Financial Planner
Yes Bank Ltd
Mumbai
04.2011 - 04.2015
- Recommended investment products and services suitable for clients based on objectives, resources and risk profiles.
- Prepared and interpreted financial document summaries, investment performance reports and income projections.
- Answered clients' questions and inquiries in regard to individual financial plans and strategies.
- Frequently reviewed client accounts and plans to understand if economic changes or situational concerns necessitate changes in financial plans.
Sr. Relationship Manager
ICICI
Mumbai
01.2007 - 03.2011
- Providing wealth management planning and investment advice and timely review of investments portfolio
- Maintaining clients relationships and generate AUM from preferred clients.
- Achievement of product-wise targets.
- Advising HNI clients on different portfolio scheme based on their financial requirements
- Use financial acumen and investment expertise to review client's personal data, align client's need through superior service, seamlessly align service delivery for enhanced experience; thereby helping client to reach his short term and long term investment goals
- Provide customer with various investment avenues and advising them on asset allocation
- To analyses customers risk appetite, time horizon and provide them advisory services
- Maintaining confidentiality of client's information.
- To research, investigate and update themselves on available investment opportunities / financial market trend to determine whether they fit into clients' portfolios
- Transferred 85 lakh AUM in 2nd months of joining.
- Understanding investment pattern of clients and guiding according through conducting financial planning
- Address HNI and Ultra HNI clients for investments requirements, through exclusive products bouquet and superior and seamless service delivery to assist clients in achieving his short term and long term
- Review customer needs and asset allocation; proactively engage with the customer to validate the understanding of the needs
- From wide range of investment options, recommend in various assets classes like Debt, Equity and fixed income instrument
- Monitor investments and regularly update to the clients on their performance and how it impacts on their assets allocation Ensure coverage of all relationships through customer engagements, risk profiling and financial planning
- Organize customer events to enhance customer bonding.
- Acquire new customers through converting referral leads.
- Provide complete and comprehensive information on products, services, charges etc
- Proactively to the customer and ensure best services are provided to them.
- Selling all variants of credit cards and meeting the monthly target.
- Monitored issues carefully and reached out to customers to provide immediate resolution and maintain satisfaction
- Communicated regularly with clients to understand needs, evaluate current product use and cross-sell new products.
Education
MBA - BANKING AND FINANCE
IIITBM
Skills
- Investment Allocation
- Advising on Strategies
- Financial Forecasting
Accomplishments
- Built and maintained relationships with new and existing clients and take references from them
- Recommended products and services to meet customers' credit card and banking needs
- Generated reporting to aid leadership with information to determine future credit card goals
- Resolved issues efficiently and enhanced customer satisfaction ratings.
- Cold-called leads and closed large number of new sales over several months.
- Used consultative sales approach to understand and meet customer needs.
- Exceeded sales goals, increased revenue and facilitated sales.
Affiliations
14Years' Experience In Wealth Management Products
Wealth Management Course From National Stock Exchange (NSE)
Association of Mutual fund of India (AMFI)
Certification in Mutual Fund (BSE)
Investment Advisor Module 1 NISM
Timeline
Senior Partner
Growthfiniti Wealth Pvt Limited
11.2022 - Current
AVP
LKP SECURITIES LIMITED
11.2020 - 11.2022
Wealth Advisor
AVP, RBL BANK LIMITED
08.2018 - 11.2020
Senior Manager
IIFL PREMIA
05.2015 - 07.2018
Financial Planner
Yes Bank Ltd
04.2011 - 04.2015
Sr. Relationship Manager
ICICI
01.2007 - 03.2011
MBA - BANKING AND FINANCE
IIITBM
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