Mr. Shailesh M Kotecha
Clarity Agencies - Amreli
Mr. Shailesh M Kotecha has been one of the oldest Partner and client of NJ Wealth with the relationship now of nearly 15+ years. A truly inspirational, passionate and organised professional, Shailesh has truly chartered a success story that is a testimony to his vision and his investor centric philosophy. In this interview, he shared his experience of using NJ Automated Investment Solutions (AIS).
Q. How was the first time experience when you used the AIS and what you felt by using it
Shailesh: My 1st-time usage experience was great "how can there be so simple yet comprehensive process for Investment that can be beaten with Direct Plan!!
Q. How it has helped you in your practice management in terms of increasing efficiency, increase in productivity and planning/offering investment portfolios?
Shailesh: Prior to the use of AIS, my method for an investment of any investor was not very specific & compact. By using AIS I am saving lots of time of mine as well as of Investors & Most of the queries are taken care of by following few simple steps or in just a few clicks.
Q. What is your experience so far with the tool? Can you share few points which you like the most or which has really helped you?
Shailesh: Below are some points which I would like to highlight:
I ask very specific questions to investors, which helps us come to the conclusion that what is the investment tenure, amount (For which I am using financial tools).
I come to know about the Risk appetite of Investors. As earlier my focus used to be an opportunity of Return but now also sharing Risk associated with different portfolios. For Risk Appetite, I saw them the Graphs of Aggressive and Diversified portfolios and explain to them how they work (Minimum return and Maximum Return).
Now after offering various portfolios, Investors understand better that why long term investment is important for wealth creation & goal achievement. It has become easy for an investor to decide on switching their existing MF Portfolio into MARS as per their risk appetite and get the benefits of asset allocation & re-balancing.
Overall I found it a very smooth and effective Investment decision method/flow.
Q. Would you like to recommend to other NJ Partners to use the tool who are still not using it or not found it useful?
Shailesh: For Sure, I would request all those partners to use this tool at least once to realise the beauty of AIS & saving lots of time and energy which is being wasted in scheme selection & chasing returns (Like driving a car by viewing in a rear mirror)
Q. What do you want more from this tool/report?
Shailesh: I would request to make such changes that the AIS tool can be utilized also for new Investors. It will be very useful for all new investors.
If there is an option by which AIS can be used for Offline investors also.(It can make them realise, benefits of E wealth account. Even though they can't make an investment but the tool can take them till the final step of investment & mention "Please open your E Wealth account first, to go ahead for investment).