Prime Securities (PSL) has received an approval for entry into newer segments of financial services business through its wholly owned subsidiary, Prime Research and Advisory (PRAL). The board of director at its meeting held on February 15, 2018 has approved for the same.
The new services shall comprise value added intermediation services in wealth management and investment advisory. PRAL shall also engage in assisting banks and institutional investors in risk assessment, portfolio analysis and portfolio rebalancing through execution of specific strategies. PRAL’s clients will include corporate treasuries, fund management companies and family offices among others.
Prime Securities is engaged in financial services, offering Corporate Finance, Institutional Broking Private Wealth Management and Research.