Client Models:

Our clients fall under two models as below:

  1. Annual Retainer Model:

Everything mentioned below is covered –

  • As Is Status review
  • Financial Plan Preparation – Networth analysis, Cashflow analysis, Goal planning, Tax planning, Investment Planning, Insurance Planning, Estate Planning (where applicable)
  • Implementation Assistance
  • Ongoing Reviews
  • Crisis Support
  • Need based consultation through out the year

This is the recommended model since plan preparation and implementation constitutes 1% in the journey towards financial freedom with reviews and monitoring constituting the balance 99%.

Generally, Financial Planners refer to themselves as Family Doctors. However, our work resembles a financial gym trainer more – who creates a regimen suited to you, pushes you to take action, protects you against injuries and eventually take you to a state which you would not have reached alone.

2.  Need – Based Consultation:

This option is for people who need our help with respect to a specific issue or a specific set of issues only. It may include one or more of the following:

  • Selecting adequate and suitable insurance covers
  • Cash flow & Debt management
  • Investment Planning
  • Tax Planning
  • Estate Planning
  • Claims Handling
  • Second Opinions
  • Crisis Support
  • Any other aspect related to personal financial planning

Modes of interaction:

Depending on client location, communication will be through Phone, Skype, e-mail, Whatsapp.

Steps involved in Annual Retainer Model:

  1. Introductory session (complimentary)
  2. Signing Letter of engagement & Fee payment
  3. Risk Profiling & Data collection
  4. Plan Preparation
  5. Plan presentation & Acceptance
  6. Plan implementation
  7. 6 monthly reviews
  8. Need based consultations

Fees:

  • Fees for Annual Retainer Model can vary between Rs.8000/- to Rs.18000/- for the first year and between Rs.3000/- to Rs.12000/- for subsequent years. Exact fees will depend on the depth of the work involved for each client. Specific quotation will be provided at the beginning of the engagement.
  • Fees for Need Based consultation will depend on the nature of the work. A quotation will be given once the requirement is known.