Given that the new client addition and the net flows have been strong in Q1, the June equity flows saw a dip of 16%. Only 10-12% of penetration exists, I think the expansion of the pie becomes a huge opportunity over years and decades for a firm like us. I would be surprised if the penetration numbers are greater than double digit and so that is the kind of potential that exists. In the segment which we operate which is Rs 5-50 crore, I will be able to throw some light. The penetration numbers to my mind are very low. In the June quarter, markets have not done too well so for a good wealth distribution, it goes up and so that is the consolidation of existing client’s wallet share. The second leg of growth comes when existing clients are consolidating their money with us especially during the last quarter. That generally happens because portfolios grow by 10-12% a year that is how the assets are poised. One is the increase in the market value whereby all underlying assets grow. The AUM this quarter has gone up 15% on a year-on-year basis but going forward what kind of growth rate should we expect and any target figure you have in mind for the assets under management? Feroz Azeez: AUM has the four legs of growth. All these things together have obviously led to the larger revenue which is reflected in such a significant increase in profit. David is truly passionate about what he does and loves finding the best homes for his clients and their families.Anand Rathi: We have seen 36% revenue growth year on year and this has been contributed by a larger number of clients, a larger number of relationship managers, larger amounts of inflows in this quarter. That's why he works closely with them every step of the way, making the otherwise overwhelming process completely stress-free. Being a father of three, he understands how much families put on the line when they invest in a home. As a native to the Philadelphia area, David is incredibly well versed in the area's housing market and always manages to find his clients those hidden gems.ĭavid values all of his clients and strives to build strong, lasting relationships with them that go far beyond business. Whether his clients are looking for a home for the very first time or they're seasoned investors he will work tirelessly to accommodate their needs and exceed their expectations. Clients working with him never fail to appreciate his responsiveness, professional integrity, and fierce dedication.ĭavid’s extensive knowledge and experience allow him to handle a wide range of clients and situations. Always holding client satisfaction as his highest priority, he works hard to make the entire buying and selling experience as productive and enjoyable as possible. Marc will be alongside you every step of the way, and gives every one of his clients a 5-star experience every day, every time.ĩ17.647.0357 | provides both residential and investment real estate services to both buyers and sellers located in Philadelphia and its surrounding suburbs. As a member of the Affinity Real Estate Team – Compass RE, Marc is supported by 2 full time admins which allows for enhanced client dedication. His strong determination to succeed drives Marc to help his buyers find their perfect home, and his sellers maximize on the sale of their home, all with ease and certainty.Ī husband to an architect, and a father to three young kids, Marc leads in real estate with a big heart, ready and eager to serve, empowered by his strong will that does not rest until his clients reach their desired goals, and beyond. ![]() At the heart of Marc's mission in real estate, is a true passion to excellence in service. Representing homeowners and future homeowners, Marc listens to his clients’ needs and utilizes his keen negotiating skills to ensure every successful transaction. 484.630.5200 | life-long background in hospitality started in the West Chester area at the age of 18.
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