Moneymanagement’s Weblog

Mutual funds operate broker’s training institutes

Posted in mutual fund by moneymanagement on August 9, 2008

Mutual fund house have moved into the arena of training. With the poor quality of brokers available, they seem to have taken things into their hands to train the current brood of brokers and maybe find some new star material potential brokers.

Reliance Mutual Fund has the Edge Learning Academy and now Fidelity has launched Fidelity Advisors Institute.

Both these institutes conduct workshops across India to fine tone the skills of brokers.

Workshops like ‘Investor Psychology & A Rational look at market volatility’ and ‘Financial Planning’ are conducted to give the brokers the cutting edge.

Fidelity also has e-leaning modules.

Infact the Fedility model is part of a large initiative called FundsNetwork. FundsNetwork is a technology powered solution that allows Mutual Fund Agents to devote their time entirely to their professional role of managing and advising their clients. Advisers will benefit from business tools that will support transactional and reporting requirements as well as planning and guidance needs.

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4 Responses

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  1. ankit said, on October 8, 2008 at 5:48 pm

    I guess this is the need of the hour,given the current economic debacles.
    With Mutual Funds being touted as the best investment instruments around,it is evident that the fund houses try to lead the herd with the best resource pool under them.A good training should help the fund houses get more moolah for their investors and themselves too.

  2. tinoye said, on October 9, 2008 at 1:11 am

    it good thing to see

  3. sandrar said, on September 10, 2009 at 6:39 pm

    Hi! I was surfing and found your blog post… nice! I love your blog. 🙂 Cheers! Sandra. R.

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