Financial Planning



Financial planning is a process that allows you to manage your finances in a manner that it is linked to your life goals.

“Money is always eager and ready to work for anyone who is ready to employ it.”

Financial Advisor


A financial advisor is often responsible for more than just executing trades in the market on behalf of their clients. Advisors use their knowledge and expertise to construct personalized financial plans that aim to achieve the financial goals of clients. These plans include not only investments but also savings, budget, insurance, and tax strategies.

A good financial plan should help you answer three basic questions:

  • Your current financial position, earnings and responsibilities.
  • What kind of investments should you choose and what plan should you deploy to achieve your goals.
  • Your short-term and long-term goals that will require financial backing.

Financial Planning Process:

  • The first step to creating your financial plan is to understand your current financial situation.
  • Set Your Goals.
  • Plan for the Future.
  • Managing Money.
  • Review Your Plan.

3 reasons why a financial advisor is important

A good financial advisor will understand your financial goals and help you in achieving them. He/she will identify best plans for your needs and make your money grow.

Financial advisors and planners have deep knowledge about complex products and can read the nitty-gritty of various instruments. They also have good contacts with intermediaries who can tailor-make schemes for you.

Once you hire a financial advisor, you don’t have to manage your portfolio. This saves you a lot of time, effort and energy. It takes off a huge task off your plate.