Financial planning is the process of developing strategies to assist consumers in managing their financial affairs to meet life goals. The process of financial planning involves reviewing all relevant aspects of an individual’s situation across a large breadth of financial planning activities, including inter-relationships among often conflicting objectives.

The process of financial planning typically involves some or all of the following steps:

1. Establishing and defining the relationship with the client, including an evaluation of the financial planner’s ability to serve the client;
2. Collecting qualitative and quantitative client information;
3. Analyzing and assessing the client’s information, objectives, needs and priorities;
4. Identifying and evaluating strategies and developing recommendations and presenting them to the client;
5. Implementing the recommendations, which requires reaching agreement with the client on responsibilities and having appropriate licenses to deliver financial products and services; and

Reviewing the client’s situation on an ongoing basis to ensure the recommendations continue to be appropriate in changing market environments or client situations

We consider various requirements of our clients and prepare a customized Financial Plan in order to achieve the objectivity of our esteemed client’s.

The core part of Goal Based planning consists of deciding on an asset allocation strategy which is in line with the meeting the overall objectives of client. Asset Allocation means diversifying money among different types of investment categories. Asset Allocation is the primary basis which decides the rate at which grows in the long run. The various asset classes that an investor can invest in are:

1. Equity
2. Debt
3. Real Estate
4. Precious Metals: Gold, Silver
5. Commodities
6. Alternative Investments Like Art, Currencies Asset Allocation

Strategy is primarily decided based on:

1. Returns that need to be generated on the investments
2. Risk profile of the client
3. Time horizon of investing
4. Personal circumstances of the client

Once asset allocation strategy is decided planner needs to evaluate various investments options. Product selection is done based on evaluation

Our Team curates a customized plan to achieve client’s desired goals.

The Retirement planning is to ensure that client has same standard of living after retirement even in the absence of cash inflows in income form.

For retirement planning planner needs to discuss the following aspects of retirement with client: The kind of lifestyle client wish to lead after retirement.

1. Helping client in setting realistic retirement goals
2. Determining the total amount of money that a client needs for retirement
3. The planner, as part of a financial plan, needs to create a clear strategy to create sufficient financial resources to meet the retirement needs of the

We design a plan considering various factors like Cash Flow Requirements, Emergency Funds, Medical Funds requirement etc for our esteemed clients.

Estate planning refers to the organized approach to managing the accumulated assets of a person in the interest of the intended beneficiaries. Wealth may be accumulated with a specific purpose of being passed on to heirs, to charity, or to any other intended purpose. Without formal structures that ensure that these purposes are met, there could be disputes, conflicting claims, legal battles, avoidable taxes and unstructured pay-offs that may not be in the best interest of the beneficiaries.

Estate planning covers the structural, financial, legal and tax aspects of managing wealth in the interest of the intended beneficiaries.

The term ‘estate’ includes all assets and liabilities belonging to a person at the time of their death. This may include assets as well as claims a deceased is entitled to receive or pay. The term estate is used for assets whose legal owner has deceased, but have not been passed on to the beneficiaries and other claimants.

Once transferred, the estate becomes the assets of the beneficiary who has received the legal ownership. Estate can also be passed on to a trust and managed by trustees, in which case ownership is with a distinct entity, but periodical benefits from the estate is passed on to beneficiaries