I worked with Hindustan Aeronautics Limited (HAL) in various roles for over 16 years before quitting my job in 2019. While working with my previous employer, I was sponsored for doing PGDBM at MDI in 2010. The value investing course at MDI changed my perspectives on money and more particularly on stock market investing. The thought of career change struck me after doing this course only. After the course at MDI, I started investing my money by following value investing principles in the year 2012.
At the start of this exercise, I told my wife "I will try my hand at investing for the next five to six years. If I get reasonable success in investing, I may consider switching to the finance field." She was not serious about the career switch plan then. In the meantime, I had a fair bit of success in my investing and there were many mistakes too along the way which helped me to learn and improve my investment process.
Why did I start taking my career switch seriously now? By following a systematic process of saving and investing, my portfolio grew over time. I reached a stage where we could manage our family finances for a few years without my salary job. Next, I could see my skills, interests, and values match more with the financial field than with my current job. Moreover, the PSU job was not exciting anymore and I wanted to do something on my own. I believed that owning a business would give me more flexibility to manage my hours between my family and profession. As a result, I started taking the career change seriously now.
I came to know about the fee-only advisory model and its planners through the freefincal website. I was impressed by this model that puts clients’ interests first. I believe the fee-only advisory is best suited to my personality as this model provides client-centric and conflict-free advice.
I started reading more about personal finance and started my preparation to get the SEBI RIA license in the year 2017. I cleared my NISM exams and got the CFP certification in the year 2019. I could somehow convince my family about my quitting my job and becoming a SEBI registered adviser. They agreed to it with much hesitation.
After meeting the necessary qualifications and certifications, I applied for a SEBI license and also resigned from my PSU job Feb 2019 as SEBI insisted that I should not hold any other job for granting the SEBI RIA license. After some tense moments, I got my license in June 2019, founded FinIntellect, and became a fee-only planner.
Story of me becoming a value investor.
Most equity investors try their hands first in trading stocks before becoming long-term investors. I did the same in the stock markets in my initial years.
J SATHEESH KANNAN
Registered Investment Adviser With SEBI
(Registration Number: INA200013503)
Registration Type - Individual
SEBI – Bengaluru Local Office
Address- # 80/1 1st Main Road, B Channasandra, BANGALORE, KARNATAKA, 560016
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