Financial Plans & Fees

Steps for a Comprehensive Financial Plan:

Step # 1 - Initial meeting and Engagement (1st week)

i) Our initial meeting is at no cost to you and is without any obligation. Our initial meeting will help us explore your potential alignment and suitability with our advice and service offers.

ii) If you decide to engage with me after the initial meeting, I will send you a formal letter of engagement that details the terms and conditions of our engagement. Once you agree with the terms of engagement, you shall pay the fee for services. I will confirm the receipt of the payment.

Step # 2 - Organizing data and understanding your situation (2nd week)

i) After the initial meeting, I will send you the data sheet where you provide all the details required for planning.  Also, risk profiling is done to assess your risk capacity and tolerance to take investment risk.

I analyze and organize your data and ask for any details if required.

ii) In the subsequent meeting,  we will discuss your current financial and life situation, short-term, and long-term goals, your priorities in life, your attitude to risk, your knowledge on investing, and money matters, and your experience with your investments & insurance.

Step # 3 - Knowledge-sharing session on personal finance (3rd week)

i)  In this meeting, I will educate you about cash reserve planning,  insurance planning, investment strategy, asset allocation and selection of investment products and suitability.

ii) You will learn about the basics of personal finances & investing during our interactions.  The intent is to enable you to make smart financial decisions on your own.

Step # 4 - Preparation of draft plan and knowledge sharing (4th week)

i) Once the second meeting is done, I will share the first-cut calculation and subsequently, we will discuss it in a session.

ii)  Also, I will educate you about market history, risk management and behavioral aspects of investing in this session.

Step # 5 - Finalizing and implementing of action points (5th week)

i) Based on your feedback on the draft plan, I will finalize the plan, set action points for the implementation.

ii) In the final meeting, we will discuss the final plan and action points for the implementation of the plan, and clear your all queries and doubts about the plan.

How I communicate?

The primary mode of discussion would be over a pre-scheduled phone call, Zoom or Google meet. The secondary mode of discussion would be over email.