I believe, Anand Rathi follows a process driven approach in providing wealth solutions and aims to achieve consistent client outcomes through standardized investment strategy. They have unique approach to the marketing initiatives, their brand enhancement include multi-channel initiatives like electronic media, Social media, articles in magazines and newspapers.
Buy IIFL SECURITIES at 87 and accumulate blw 87 for Traget 135 / 160 I''m medium term. IIFL client base is increased by double digit. In broking industry karvy clients activated by iifl in large chunk. So all in all future looks bright with per client income will be good compare to discount brokers.
1. Pure OFS 2. Non-bank wealth management is a poor sector in India historically 3. Reputed peers like ICICI, Angle, and IIFL with global professionals in their team have struggled to show spurt in the business despite the digital economy
They are the top-tier non bank mutual fund distributor in India coupled with presence in structured products. They distribute mutual fund schemes managed by leading asset management companies in India and receive commissions linked to the outstanding market value of financial assets procured by them.