A renowned independent distributor of mutual funds, the Prudent con July 14 declared that their company has accomplished its task that involved offering the minority investment to a well known private equity firm named the TA Associates. Well, the company did not inform much about its financial strategies.
The Prudent Corporate Advisory Services Ltd. was established in the year 2011. The Prudent Corporate Advisory Services Ltd intends to offer personal and corporate investment planning services. It has decided to fulfill its aim via distributing mutual funds, bonds, broking and insurance products. The Prudent Corporate Advisory Services Ltd has around 10000 financial advisors and holds a capital of 18,000 Cr. The capital shall be used for the assets under management (AUM).
The IFA which is in a partnership deal with the Prudent Corporate Advisory Services Ltd, have been offered training and development services. The Prudent also provides them with a platform to manage their client-base, support them with their sales and marketing.
The Chief Executive Office of the Company, Shirish Patel asserted, "Since Prudent's founding, we have strived to provide the highest quality end-to-end services and training programs for our network of IFAs to ensure that we are positioning them for success."