Under this IIFL Wealth service, the experts at the company help their clients in making a framework for their investments. They help in choosing the correct financial instruments for the investments that suit your requirements the best.
The final decisions are taken on the basis of several factors like risk-taking capacity, financial objectives, requirements of liquid assets, etc. You can review your investments periodically to stay updated with the return, etc.
IIFL Investment Products
IIFL Wealth management team focuses on creating innovative ideas to provide customized solutions to the investment requirements of their different types of clients. IIFL Wealth also provides uniquely structured investment products.
The process of IIFL Wealth providing investment products involves many steps. Let us discuss them, in brief, to understand how these products are customized for their clients’ requirements.
The first step is to form a basic idea about the investments which is followed by due diligence on the IIFL Wealth team’s part. After this, the final decision about the investments is taken. The decided plan is then executed in the most effective way possible.
The process is still not complete after implementation. A constant review and monitoring need to take place to ensure that the plan is going in the desired direction. The risks with the investment decisions are assessed on a regular basis.
IIFL Wealth provides an open architecture platform to select the best investment products for their clients. This process is based on a lot of research.
Moreover, the process is quite transparent and there is a flexible all-in-one fee structure which ensures that there is unbiased advice available for clients at all times.
This service of IIFL Wealth is also provided in several steps. The first step is of the interaction of the client with the IIFL Wealth team so that the specific requirements as well as the preferred ways are communicated clearly.
This is followed by the creation of the investment policy statement.
After this, the total risk of the statement is analyzed and a formation of strategy of investment takes place. It is also decided how the implementation part will be done in the most effective manner.
Like every good plan, the last step is to ensure a complete check and constant reviewing it and making changes, if needed.
IIFL Wealth Management Limited has a wholly-owned subsidiary with the name of IIFL Wealth Finance Limited. They provide a variety of lending solutions to their clients. ICRA has rated them as AA.
They have a record of 1000 satisfied customers to add to their credit.
IIFL Wealth provides customized lending solutions to their different clients for services ranging from acquiring stakes in other companies, short term requirements, and large investments made for the purpose of growing the business.
IIFL Wealth also provides their lending services for loans against different kinds of assets like stocks, debt securities as well as mutual fund holdings.
Additionally, they provide the services of financing their clients to take positions in trading of stocks, making investments in IPOs and exercise of stock options.
The process of IIFL Wealth providing lending solutions involves a number of steps. The first step is the origin of the deal which is followed by doing the complete due diligence credit appraisal.
After this, the disbursal of funds happens after the sanction for finance comes. In the end, reporting continues to happen along with support.
IIFL Wealth helps families to decide their inheritance to be transferred in the forms of financial assets, jewelry, art, nonmovable properties, etc. They adhere to the specifications provided by their clients.
This service is used quite frequently by high net worth families as the social and regulatory environment is very dynamic and keeps on changing constantly.
The families guide the IIFL team with their financial objectives first. Then, the team comes up with innovative and customized solutions as per the requirements specified by the clients.
The objectives of the families may vary. Some can have the objective of promoter business ownership while some want to protect their personal assets and property from the business risks.
Some families have kids with special needs, so their requirements are very different from the rest. On the other hand, some family businesses have been running from the last few generations.
The objective of availing this purpose is also minimizing costs and taxation in the most efficient way possible. The planning should be done in such a way that the laws are completely adhered to.
The whole process of estate planning involves four major steps. The first one is a consultation to specify the requirements and objectives of the service.
The next one is an approval of the draft made by the IIFL Wealth Management team. Then, modifications keep on happening until the client is fully satisfied and the last step is the distribution of wealth.
IIFL Wealth Listing
IIFL became the first wealth management company to get listed on a stock exchange. Its listing price beat the estimates of all the analysts and got a successful initial public offering launch.
The company IIFL Wealth and Asset Management were listed on the National Stock Exchange in September 2019. At the time of listing, the price of IIFL Wealth stock on NSE was at Rs. 1210. While the listing price of IIFL Wealth on BSE was Rs. 1200.
IIFL Wealth Login
In order to avail of their services, you need to have an account with IIFL Wealth. With the help of the unique login credentials provided by them, you can access their platform.
They have this mobile phone app with the name of “IIFL Wealth” which can be used to view all your investments and their services.
If you go to the website of IIFL Wealth, you would get three options for login. These are – Client portfolio login, client online trading, and LTCM wealth login.
Client Portfolio Login – In this, you need to type your PAN number first. After this, you would get two options. You can either log in through a password or an OTP. Then, you just need to click on login in order to access your portfolio.
Client Online Trading – In this, you just have to enter your unique login id and a password for logging in to your trading account.
LTCM Wealth Login – In this also, you just have to enter your unique login id and a password for logging in to your account. This also involves typing a verification code to make sure that the login is not being done by a program.Also, readIIFL DP ID.
IIFL Wealth is one of the leading private wealth management firms in India which also provides its services abroad. There is a wide variety of services provided by IIFL Wealth. Thus it provides its versatile services to more than 200 IIFL Branches In India.
They manage your wealth by investing in different asset classes based on your personal risk-taking ability, financial obligations, etc.
If you decide to open an account with them, you should do the due diligence and analyze the pros and cons of their services. You should make sure that all your doubts about wealth management are resolved before going with them.
Once you open your account with them, you can log in to your account with the help of the user id and password sent by them.
There are different kinds of login according to the requirements of the clients. Stay educated, stay invested.