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CNBC-TV18 announces 5th edition of Financial Advisor Awards

To recognize India's Best Financial Advisors as wealth creators, preservers & expert advisors.

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CNBC–TV18 announces 5th edition of Financial Advisor Awards

To recognize India's Best Financial Advisors as wealth creators, preservers & expert advisors.

August 23, 2011:

publive-imageUTI Mutual Fund, and CNBC–TV18, India's No. 1 Business medium presents the fifth edition of the 'Financial Advisor Awards 2011', a unique platform that will felicitate India's best Financial Advisors across the country. The aim of the awards is to recognize the contribution of these financial experts in creating and preserving sustainable wealth of the masses and also help them make informed financial decisions for both, short term and long term financial planning. The awards ceremony is going to be organized in December 2011. The nominations of these prestigious awards have begun and will close on September 20th, 2011. Applicants can log on to www.faa.moneycontrol.com to register.

As a precursor to the Financial Advisor Awards 2011, UTI Mutual Fund and CNBC-TV18 will also organize various Financial Advisor Forums across cities such as New Delhi, Mumbai, Chennai and Guwahati. The aim of these forums is to highlight the contributions of the wealth creators and help them gear up for a better financial year. Various financial experts will be giving an in-depth analysis and insights on financial planning and also information on the right tools; information and technology that the financial advisors require for their growth in the existing dynamic regulatory and business landscape.

Speaking on the initiative, Anil Uniyal, CEO, CNBC-TV18 and CNBC AWAAZ said, “The year 2010 witnessed massive headwinds including concerns over regulations, governance, deficits and the increasing interest rates. The financial analysts and investors are growing increasingly cautious on each investment decision with increasing volatility of the market. However, inspite of the given situation, India is still one of the favorite investment destinations for foreign investors across the globe. Financial Advisor Awards 2011 honours the role of financial advisors who have not only helped restore investor confidence but also acted as conduits for long term sustainable wealth creation.”

Speaking on the occasion, Jaideep Bhatacharya, Group President and Chief Marketing Officer, UTI Asset Management Company Ltd. said, “Financial Advisors have played a critical role in the expansion of the Mutual Fund industry in India. Financial Advisors Awards is recognition of their efforts to create long term wealth for their clients.”

The nomination categories for the Financial Advisors Awards 2011 include: -

  • Best Performing Individual Financial Advisor - Cities(North)
  • Best Performing Individual Financial Advisor - Cities (East)
  • Best Performing Individual Financial Advisor - Cities (West)
  • Best Performing Individual Financial Advisor - Cities (South)
  • Best Performing Individual Financial Advisor - Up Country (North)
  • Best Performing Individual Financial Advisor - Up Country (East)
  • Best Performing Individual Financial Advisor – Up Country(West)
  • Best Performing Individual Financial Advisor - Up Country (South)
  • Best Performing  Individual Financial Advisor - Mega Cities (North)
  • Best Performing  Individual Financial Advisor - Mega Cities (East)
  • Best Performing  Individual Financial Advisor - Mega Cities (West)
  • Best Performing  Individual Financial Advisor - Mega Cities (South)
  • Best Performing  Individual Financial Advisor - (North)
  • Best Performing  Individual Financial Advisor (East)
  • Best Performing  Individual Financial Advisor (West)
  • Best Performing  Individual Financial Advisor (South)
  • Best Performing  Individual Financial Advisor (National)
  • Best Performing  Regional Financial Advisor (North)
  • Best Performing  Regional Financial Advisor (East)
  • Best Performing  Regional Financial Advisor (West)
  • Best Performing  Regional Financial Advisor (South)
  • Best performing National Financial Advisor Equity Broker
  • Best performing National Financial Advisor Retail
  • Best performing National Financial Advisor-Institutional
  • Best performing National Financial Advisor Bank
  • Special Jury Award
  • Best Performing FA for NRI category

This year the Financial Advisor Awards include the following new categories:-

  • Best Performing Bank — Public Sector Unit
  • Best Performing Bank — Private Sector
  • Best Performing Bank — Foreign
  • Best Performance for Financial inclusion — National Financial Advisor
  • Best Performance for Financial inclusion — Individual Financial Advisor
  • Best Performing Financial Advisor — Online — National Financial Advisor
  • Best Performing Financial Advisor —  Online  — Individual Financial Advisor
  • Best Performing Financial Advisor — Educational initiative — National Financial Advisor
  • Best Performing Financial Advisor — Educational initiative — Individual Financial Advisor

Keeping in mind the difference in nature, size and ownership or constitution of the advisory firms, the analysis of selection of the nominees will include following key parameters that bring out the effectiveness and competitive position of the financial advisor:-

  • Infrastructure
  • Business Performance
  • Financial Performance and Scale
  • Diversification
  • Compliance

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