The Financial Care Industry
Amar Pandit
A respected entrepreneur with 25+ years of Experience, Amar Pandit is the Founder of several companies that are making a Happy difference in the lives of people. He is currently the Founder of Happyness Factory, a world-class online investment & goal-based financial planning platform through which he aims to help every Indian family save and invest wisely. He is very passionate about spreading financial literacy and is the author of 4 bestselling books (+ 2 more to release in 2020), 8 Sketch Books, Board Game and 700 + columns.
September 30, 2022 | 1 Minute Read
Have you ever wondered about why our industry is called ‘financial services’?
I often have.
The next question then is, “What exactly is the service that the industry delivers?”
Basically, the service is delivering a product whether it be bank accounts, loans, insurance or investments.
Needless to say, the industry has been very creative in not only creating products but also in delivering them. But in the rush to deliver these products, the industry seems to have lost its essence and has become a financial products industry. Everything is about products, products and products.
It’s time to change this because the work that we do is way beyond products and even services.
There is a good reason for this. It’s the nature of the work we do. It’s transformative. Our work impacts the financial lives of people.
Thus, we are neither a financial products industry nor a financial services industry.
We are “the financial care industry”.
Repeat after me.
We are an important part of the Financial Care industry, and we deliver outstanding financial care (not only in words but in deeds as well).
I wholeheartedly believe in this.
Do you?
Similar Post
Nano Learning
The Rolls-Royce CEO Warning
Several weeks ago, Rolls Royce CEO Tufan Erginbilgic told company employees at their main British site in Derby, that the company’s performance was “unsustainable”, and that ....
Read More
10 March, 2023 | 2 Minute Read
Nano Learning
The Intellectual Poison
Do you know what intellectual poison is or what this looks like?
In our world, it comes in the form of forecasts, research reports, articles, books, seminars, webinars, tweets, vid ....
Read More
3 March, 2023 | 2 Minute Read
Nano Learning
The 4 Different Types of IFA Technology
As you can see in the Sketch above, there are 4 Types of Technology that an IFA can implement. Most have focused on Technology for Operations, Client Servicing and Practice Managem ....
Read More
21 August, 2020 | 3 Minute Read
Nano Learning
Pay Now, Get Later
Shane Parrish wrote, “The universe does not offer financing.
This is hard to accept because modern life trains us to expect the opposite. We are addicted to buy now, pay later. Y ....
Read More
2 January, 2026 | 2 Minute Read
Nano Learning
It’s Priority
In his book “Essentialism – The Disciplined Pursuit of Less”, Greg McKeown wrote,
“The word priority came into the English language in the 1400s. It was singular.
Priorit ....
Read More
27 January, 2023 | 2 Minute Read
Nano Learning
Who is the Future Advisor?
The Future of Advisor is one who has
-Conversation skills
-Understanding of Behavioural Finance
-Emotional Intelligence
-The Right Technology
And utilizes these to deliver at ....
Read More
20 March, 2020 | 1 Minute Read



- 0
- 0
0 Comments