In his new function, he can be liable for third occasion fund supervisor due diligence and choice, different investments and deal sourcing.
He began his profession with American Categorical Monetary Advisors and has near twenty years of expertise within the monetary providers trade with experience in advisory and wealth administration. Previous to becoming a member of IIFL Wealth Administration, he had based Park Monetary Advisors, with a concentrate on fee-based monetary planning, which was acquired by Karvy Personal Wealth in 2009.
“We’re excited to have Nikunj tackle this management function to additional improve and broaden our product portfolio. His deep area experience, management abilities and robust join with the trade manifests our strategy of figuring out efficient leaders and offering them the alternatives to create a higher affect for our purchasers, firm and stakeholders,” stated Karan Bhagat, founder, MD and CEO, IIFL Wealth and Asset Administration.
“In right now’s quickly altering world, the place clients more and more demand nuanced merchandise that may optimally cater to their particular wants, an elevated concentrate on merchandise has nearly turn into desk stakes. My focus can be on persevering with the custom to deliver progressive options that serve the various wealth administration wants of our esteemed purchasers,” stated Kedia.