Dipesh Wadhel,Founder, Nitinivesh

The growing financial knowledge and literacy in India are propelling the growth of the investment advisory industry, today. With this, there is a great need for professional guidance to successfully navigate the market due to the rise in disposable incomes and the increasing complexity of financial products. A wider audience can now receive financial advising services due to technological improvements and internet platforms. Despite this potential, prospective clients frequently encounter obstacles, including ignorance of financial products, anxiety about market volatility, and trouble matching investments with long-term objectives.

Established in 2015, Nitinivesh provides individualized, objective-driven investing plans to tackle these issues. The firm offers tools and insights to help clients make well-informed decisions on disciplined investment. Nitinivesh assists clients in reaching their long-term objectives and efficiently managing their investments by developing customized financial plans and action plans.

In an exclusive interview with Finance Outlook magazine, Dipesh Wadhel, Founder of Nitinivesh discusses the organization’s offerings, future roadmap for the organization, and much more. Let’s delve into it.

Explain the various financial planning products and services Nitinivesh is recognized for in the market? What unique factors differentiate Nitinivesh from other players in the financial services space?

Nitinivesh is a one-stop solution investment advisory firm. We are qualified personal finance professionals committed to providing a wide range of financial products, such as mutual funds, stocks, P2P lending, invoice discounting, debentures, bonds, insurance, and MediClaim. We begin by understanding each client's unique financial goals and then develop a customized investment plan to achieve those objectives.

What distinguishes Nitinivesh from other boutique investment advisory firms is our dedication towards providing individualized service and our client-centric philosophy. In contrast to several distributors of mutual funds, I personally oversee every client's portfolio to guarantee committed attention and tailored solutions. Goal-based investment is our main emphasis, along with a heavy emphasis on financial literacy. We place a higher value on long-term relationships than on transactional encounters to guide clients toward financial independence and peace of mind. Our personalized service and dedication to aligning investments with individual goals make us unique in the financial services space.

How does your team provide dedicated support to clients throughout the process? What expertise does your team offer in helping clients shortlist the best-fit products and services?

I personally monitor every facet of client service at Nitinivesh, guaranteeing a committed and customized approach. Having worked in the capital markets for more than 20 years, I help customers with every step of the investing process, from identifying their financial objectives to choosing the best products and services. Reflecting on Bhagavad Gita 2.28, which says:

‘अव्यक्तादीनि भूतानि व्यक्तमध्यानि भारत |

अव्यक्तनिधनान्येव तत्र का परिदेवना ||’

I perceive a strong relationship with the investment life cycle. According to the verse, all beings go through phases of manifestation and non-manifestation. Similarly, investments frequently start out as vague concepts or schemes, develop into concrete things as they increase in value and produce returns, and then mature or end. It acts as a helpful reminder to keep your attention on the whole investment process rather than letting transient market swings control you.

Administrative work is handled by my small back-office team, freeing me up to concentrate on offering knowledgeable counsel and ongoing support. I stay current with the latest market trends and financial products, which enables me to deliver the most relevant and effective solutions.

How has Nitinivesh established strong and enduring relationships with its clients?

Building solid, long-lasting relationships is at the heart of Nitinivesh's concept. We place a high value on honest and open communication. We also constantly inform customers about the performance of their portfolios and offer ongoing financial education. We guarantee our clients' confidence throughout the course of their financial journey by providing knowledge and assistance in making well-informed decisions. Our goal-based strategy helps customers reach their financial goals and accumulate long-term wealth by continuously outperforming benchmark returns.

Can you outline Nitinivesh's growth journey, including revenue, client acquisition, and geographical expansion? What are Nitinivesh's vision and mission statements, and how do they guide your operations?

I started working as a Relationship Manager at India Infoline (IIFL) in 2006. I progressed to Branch Manager over the years, managing a group of ten to fifteen employees. I took a risk and started Nitinivesh on my own in 2015. Even though I manage over 350 distinct families and over 500 clients at Nitinivesh, where I oversee over WINR 20 crore in assets under management (AUM) in mutual funds, I am still a partner at India Infoline today. We also provide MediClaim, fixed deposit products, P2P financing, and life insurance. Our growth is evidence of the faith and confidence our clients have in us.

Our vision is to enable individuals and families to attain financial independence with the use of individualized, goal-based investing techniques. Our mission is to empower customers to make financially wise decisions with confidence and peace of mind by offering clear, dependable, and client-focused financial guidance.

What have you envisioned for the future and what developments can clients expect from Nitinivesh in the coming years?

I see Nitinivesh extending its reach in the future by utilizing technology and digital channels to better serve a larger audience. I intend to launch a digital asset allocation tool to enable clients to monitor all their investments, whether in stocks, mutual funds, insurance, or through several brokers, consolidated in one area. Customers won't need to log into numerous apps due to this technology, which will give them a thorough and seamless view of their financial portfolio. I also want to start holding workshops and training programs to improve my clients' financial literacy. Helping customers reach their financial objectives through individualized, superior advice will continue to be my major goal.