During his 15-year long experience in the financial services / advisory industry, Mr Patel has noticed that agents lack professionalism. Financial products are sold rather than advised. This impelled him to make a change and save investors from the clutches of such agents (who often mis-sell).
He took up the challenge and successfully pursued the Certified Financial Guardian (CFG) Certification in the endeavour to make investors moneywise – and is India’s first CFG.
An ardent worshipper of Goddess Saraswati, Mr Patel believes, knowledge should be shared and therefore, he conducts investor education programmes and regularly updates his clients on economic and market related matters. To keep himself abreast, he reads business dailies and various finance posts on the internet.
Some of his favourite books are The 7 Habits of Highly Effective People by Stephen Covey, and Change Your Thinking, Change Your Life by Brian Tracy.
Mr Patel claims to follow a serious, sincere, and an ethical approach in his practice as financial advisor. He does not endeavour to sell financial products, but to provide the best financial solutions to investors based on a thorough need-based analysis, risk profiling and investment horizon, with minimum churning in the portfolio. His integrity ensures he manages his client’s wealth with as much care as he would manage his own. It is this approach that has earned him happy, loyal clients.
Mr Patel’s motto and vision is providing ethical and apt financial solutions to investors considering all parameters and wishes them a life with health and wealth.
His idols in the mutual fund industry are Mr Sankaran Naren, CIO of ICICI Prudential AMC Ltd, Mr Mrinal Singh, Senior Fund Manager at ICICI Prudential AMC Ltd, and Mr Prashant Jain, ED & CIO of HDFC Mutual Fund.
Mr Patel aspires to be termed a ‘financial doctor’ in his profession.
His advice to investors is: ‘Don’t run for short-term gain; instead invest for the long-run…and start saving early with perseverance for your long-term financial wellbeing’.