FPI-P announces launch of operations in Gujarat

Ahmedabad, Nov 17 (UNI) The Financial Partners International-Padmakshi (FPI-P), which was formed with the merger of Mumbai-based stockbroking firm 'Padmakshi' with Independent financial adviser (IFA), today announced the launch of their operations in Gujarat.

Addressing a press conference, Financial Partner Internationl (FPI) Chairman Sean Kelleher said, ''Financial Planning is one of the fastest growing areas of financial services in the world today.

In many countries it has taken root as a profession requiring industry-specific skills and qualifications. In India, it remains an industry yet to develop professionally.'' ''We shall be selling service and not brands and act as an individual personalised adviser, taking into his particular needs,'' he added.

He said the company is in talks with the ICICI and the State Bank of India for the purpose. The company now has four branches in the country.

''Mostly we are focussing on wealth management services in the Middle East, India and China. We have operations in Australia, Japan China, Thailand, Indonesia, Malaysia, and the United Arab Emirates today and India was a natural destination for us,'' he added.

Speaking on the occasion, FPI-Padmakshi Director Rohit Chothani added ''There are many financial advisers in India but they are usually attached to one brand or product range, so they would hardly be able to provide good advice in terms of comparing products or in providing the best solution for a client's particular investment needs. This is what our advisers will be trained to do.'' UNI MMG KU VKG2140