Virendra Somwanshi
MD & CEO - Private Wealth Management at Motilal Oswal Financial Services Ltd - Mumbai, Maharashtr, IN
Virendra Somwanshi's Colleagues at Motilal Oswal Financial Services Ltd
Santosh Shetti
Senior Vice President (SVP) - Head Products - Investment, Insurance & Research
Virendra Somwanshi's Contact Details
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Motilal Oswal Financial Services Ltd
Virendra Somwanshi's Company Details
Motilal Oswal Financial Services Ltd
Mumbai, Maharashtr, IN • 1000 - 4999 EmployeesFinancial Services
Motilal Oswal Financial Services Ltd. (MOFSL) was founded in 1987 as a small sub-broking unit, with just 2 people running the show. Focus on customer-first attitude, ethical and transparent business practices, respect for professionalism, research-based value investing, and implementation of cutting-edge technology has enabled us to blossom into an 8600+ member team.Today we are a well-diversified financial services firm offering a range of financial products and services such as Private Wealth, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, and Home Finance.We have a diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions, and corporate clients. We are headquartered in Mumbai and, as of September 2021, had a network spread over 550 cities and towns comprising 2500+ Business Locations operated by our Business Partners, us, and 34,00,000+ customers.Research is the solid foundation on which MOFSL advice is based. Almost 10% of revenue is invested in equity research, and we hire and train the best resources to become our advisors. At present, we have 25+ research analysts researching over 250 companies across 20 sectors. From a fundamental, technical, and derivatives research perspective, Motilal Oswal's research reports have received wide coverage in the media.Our consistent efforts towards quality equity research have been reflected in an increase in the ratings and rankings across various categories in the AsiaMoney Brokers Poll over the years. We have also been awarded the Best Performing Equity Broker (National) at the CNBC TV18 Financial Advisor Awards for five years in a row & got inducted in ‘Hall of Fame' at the 10th Financial Advisory Awards 2019.