In current situation we are witnessing a shift in the Financial Advisory Business from just ‘sales base advice’ to ‘advice based sales’ of financial products to providing consultation to its clients on their financial need and wants to achieve their goals.
After establishing its offerings in the fields of Banking, Life Insurance and Investment Management in India, now ING enters into the broker dealer business called ING Financial Advisors Network (IFAN).
At IFAN we intend to provide expert services to our associates which will empower them with proficient research capabilities along with a technology support platform to cater to the diverse and dynamic client needs according to our developing market conditions.
Although the Indian market has grown in volumes, advisor productivity is still low compared to global standards. Proportion of long term income, AUM per financial advisor, average customer per financial advisor, average income per annum is much lower than those in the developed market.
The greatest benefit that an associate of IFAN would hold is with our assistance he would be in a position to grow his business both in Quality and Quantity.
Once you are part of the network you will have access to: