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Anand Rathi: IIFL Wealth’s ARR Model To Be The Torchbearer, Prepared For An Upside

IIFL Wealth Management is poised to harness the vast growth potential in an under-penetrated wealth industry, Anand Rathi says.

(image: Company website)
(image: Company website)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

Of the big guns in the wealth business, IIFL Wealth Management Ltd. is moving ahead with its stable annual recurring revenue (ARR) model, harnessing the vast growth potential in an under-penetrated wealth industry.

Its business growth comes organically and through acquisitions.

Its hallmark is low attrition rates (clients and RMs) even in a volatile environment.

Higher dividend payouts render it attractive to shareholders.

Risks: Volatile capital markets, higher attrition rate of team leaders, regulatory issues.

Click on the attachment to read the full report:

Anand Rathi IIFL Wealth Initiating Coverage 121020.pdf

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