Financial Planning

Financial Planning is the process of meeting financial goals in our life through the proper management of finances. Financial Goals include buying a car, buying a house, saving for child’s education or marriage, planning for retirement etc. A financial plan is a road map to help you achieve your life’s Financial goals.

Financial planning is a comprehensive planning which covers all aspects of a client’s financial well being from wealth creation to wealth protection, selecting the products which suit specific needs, monitoring and receiving his / her financial situation on a regular basis and revising the plan if need arises.

To start with financial plan for once self, individuals must ask once self these questions;

  • Where am I today? [Current Financial Situation]
  • Where do I want to go? [Vision of future Financial Situation]
  • Will I be able to get there? [Plan to achieve vision]

Need for Financial Planning

Why do we need financial planning? Subconsciously, we all known about what our life’s goals are. The need for financial planning arises from the need to meet the financial goals. Goal’s are determined by one’s understanding of the present situation, status, income level, wealth, responsibilities, aspirations, risk profile, ability to save, past and present lifestyles etc. Financial Planning requires a through analysis of an individual’s current position.

Further to the above, in last few years, there have been changes in the Indian financial market’s and the need for financial planning is also driven by this change. The Equity and Debt markets have become dynamic and more volatile due to global and local factors. Indian markets have become integrated with the global financial markets, thus calling for constant monitoring of the markets as well as the individual’s financial situation. The investment options are also increasing and now include Bank Deposits, Bonds, Mutual Funds, Equities, Derivatives, Gold, Real Estates, Structured Products, Commodities and Equities of foreign companies. The Universe of investment options is likely to expand further. Not to forget, education levels and the average age of investors is increasing. It means that the working span and post retirement span is almost equal. Therefore, a person has to save more and invest wisely to ensure security throughout the long retirement period after meeting all the earlier goals properly.

Hence, we say, Comprehensive Financial Planning can go a long way in assisting you to build Financial future you want for you and your loved once.

Why Us?

Our Six Step Financial Planning Process helps people / individuals to identify and achieve their financial goals, whether it be buying a home, saving for their children’s education, protecting their family through insurance, investing their hard-earned money for retirement. We help them make informed decision about their money and how it can be used to best advantage, develop a sound Financial Plan, covering all aspects of their financial wellbeing (from Wealth Creation to Wealth Protection); choose products that meet their specific needs and review their financial situation on a regular basis and revise  their financial plan as necessary.

Our Six Step Financial Planning Process
  1. Establish
  2. Connect
  3. Analyze
  4. Develop
  5. Implement
  6. Review
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