Krishna Rao, MD & Head Equity Broking, JM Financial Services
Betting big on the NRI deposits in Kerala banks which surpassed the ₹3-lakh crore mark, leading wealth management companies are either setting up their base or strengthening their presence in the State. They seek to redefine the traditional investment approach, long dominated by bank deposits and physical assets, by offering market-linked and new-age investment avenues.
JM Financial Services, the broking and investment management services arm of diversified financial services group JM Financial, has forayed into Kerala with an eye on rising HNI and retail investor segments.
The company has started its broking operations in Kochi to tap the fast-growing retail investors and HNIs looking for professionally managed investment and wealth management services.
Krishna Rao, MD & Head Equity Broking, JM Financial Services, said Kochi is fast emerging as Kerala’s commercial capital with strong infrastructure and thriving IT hubs like Infopark, K-Infra Hitech Park and SmartCity. With initiatives like the Kerala Startup Mission and pro-business policies, including tax incentives, the company foresees a boost in demand for high quality financial services and investment platforms, he said.
The Kochi branch offers equity broking, wealth management and portfolio management services, offering access to a diverse range of asset classes such as stocks, equity derivatives, bonds, mutual funds and insurance.
Besides the Kochi office, JM Financial Services has 14 offices across the southern part of the country in cities like Bangalore, Chennai, Coimbatore, Hyderabad, Mangalore, Nellore, and Vizag.
Despite global volatility, Indian equities have demonstrated resilience and growth on the back of positive market sentiment and large-cap performance. As per a recent Sebi survey, approximately 40 million first-timers are expected to tap equities in the next one year.
Published on November 3, 2025
