Prashant Besekar

CFA, Vice President – Products, Avendus Wealth Management
Joined on

01 May 2016

Sector

Avendus Wealth Management

Education

Interests

Reading books and watch documentaries

What drew you to Avendus?

I joined the Avendus Wealth Management practice in May,2016. The idea of being a part of a growing organization excited me. I had around eight years of Wealth Management and Asset Management experience when the opportunity came up. Having heard a lot of positive feedback about the firm along with an exciting role in which I could leverage my experience, drew me in.

What has your journey in Avendus been like? How would you describe your role at the firm?

Over the course of my career with Avendus, I have worked across multiple domains and have grown along with the firm to head the third-party product desk. Our team is responsible for overseeing mutual funds, portfolio management services and alternative investment funds investing in listed securities. We manage the complete product life cycle which includes fund and fund manager evaluation, product on-boarding, commercial negotiations and sales support.

How has Avendus empowered you to succeed?

Avendus offers a fast-paced work environment in which you are given the opportunity to take charge and own your work in every way. Individuals that take ownership and demonstrate accountability, are given ample opportunities to grow with the firm.

I remember a time when I was given the opportunity to enhance the client experience related to PMS. I led a project to successfully launch the Avendus PMS Select Platform which enabled clients to invest into multiple PMS managers through a single Avendus Wealth Management account. It was definitely an uphill task, but the support the firm gave me along with the passion I brought to the table, enabled us to mitigate one of the biggest pain points for clients.

What do you like most about the firm’s culture?

One thing that stands out for me is the firm’s emphasis on ownership. Every employee, irrespective of their grade/seniority are expected to own their work and drive outcomes – this results in a non-hierarchical culture where everyone has a voice on the table.

In addition, I have found Avendus to be a meritocratic organization - this motivates me to put my best foot forward every day.

What is your advice to people seeking opportunities at Avendus?

If hard work, passion and ability to work outside your comfort zone motivates you, Avendus is the right place for you. Expect a challenging, fast paced but a fun-filled environment where employees are expected to hit the ground running.

What do you like doing when you are not at work?

Reading books and watch documentaries

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