Financial planning is critical to reach your financial goals. There is nothing like 'one solution' that works for all. The right solution is the one that works for you and it our job to discover such an investment strategy for you. Financial planning will help you reduce your dependency on luck and market timing. Getting married, buying a house, going overseas, retiring - whatever stage of your life you are at, a financial planner can help you achieve your financial goals. It doesn't matter whether you have a small amount to start investing or already have a large portfolio, having a financial plan will help you get the most out of your situation. Financial planners can help you clarify your financial goals and design a strategy to achieve those goals, taking into account your investment options and factors such as taxation and inflation.
We focus on your goals and work with all areas of your financial life—tax preparation and planning, investment strategies, insurance, estate planning, retirement planning, budgeting, and more—to create a financial plan that changes as your circumstances change. Instead of just telling you what to do, we work together with you, providing you with easy-to-understand recommendations and helping you implement them every step of the way. Our investment plans and strategies are based on the proven fundamental and not the latest investment fad.
We understand your financial requirements and explain the various facets of financials services that are available. Thereafter, we identify areas where you require assistance and areas that you can look after on your own. We then decide on the fee structure along with a tentative duration for the professional relationship.
When a doctor is consulted, he usually begins by compiling a complete medical history. Similarly a financial planner requires information about your financial situation. Together with the client we define his or her personal & financial goals. We then work out and explain the various financial responsibilities and the time frame for the results.
Any financial situation has many aspects like assets, income, loans, insurance, taxes, business interests, inheritances, wills etc. These have to be carefully scrutinized by a trained professional who has a full and complete assessment of your current financial situation. This scrutiny is done to determine the actions required to meet your goals. These could include analyzing your assets & liabilities, cash flows, incomes, savings, tax planning & budgeting, investments, retirement planning or tax strategy for the family.
Once the data is analyzed, we identify areas that need particular attention. Based on this we make financial planning recommendations to address your goals and devise a strategy that will overcome weaknesses and lay a strong foundation for the financial management of your affairs. After you have studied these recommendations we will note your concerns to revise and finalize the recommendations.
Any plan is worthless unless it is well implemented. If you desire, we will carry out the implementation of the finalized plan for you or serve as your guide. This includes co-ordinating the whole process between you, your accountant, solicitor, stockbroker, portfolio manager and real estate agent.
Once the plan has been implemented, it requires a periodic review. This is imperative to adjust the plan to the changing situation in one's life, financial situation and income levels. This monitoring can be done either by you or on your behalf by your financial planner. In the latter case, a periodic report on your current situation will be sent to you for your information and directions for modification, if any.