Financial Planning
People think financial planning needs a lot of number crunching.Do not worry, we do it all from planning to execution
We create financial solution that empower you
Financial Planning is not a product, but financial planning is a unique, customized financial blueprint to achieve financial life goals confidently.
A Financial plan formulates strategies for- how to achieve your goals, review your existing investments, take care of your life, medical and accidental insurance in place and give you an overall picture on how to proceed with your finances.
A financial plan lays a roadmap to meet your future financial requirements. It is a service that constantly repeats as your needs change over time. In fact, it’s a long-term relationship. Financial Planning is a process which helps you to make well-planned informed decisions for your money Investments.
Why Financial Planning?
A wrong investment decision can take you a few years back in time. Time gone never comes back and even we cannot rewind and correct those mistakes. Thus, financial planning helps you to take prudent decisions at the right time. Additionally Financial Planning helps you to have clarity about your life goals and a well written financial strategy that fulfills your life responsibilities for you and your loved ones and Society.
Scope of Financial Planning - Financial Planning covers
- Cash Flow Planning
- Investment Planning
- Goal Planning
- Insurance Planning
- Retirement Planning
- Tax Planning
- Debt management (Reduction)
- Estate Planning
- Children Education Planning
Financial Planning Process
- Data Analysis – The first step is to understand your data, your needs and your current Financial status, existing investments and your future requirements.
- Risk Tolerance Test – your risk score is assessed. Here you answer a questionnaire to assess your Risk tolerance score.
- Financial Plan Preparation & Discussion – We prepare a Financial Plan and discuss the plan with you in great length so as to make you understand each and every minute detail about the plan.
- Portfolio Creation – After discussion, your investment portfolio is prepared as per your needs and requirements, current market situation and future outlook.
- Execution – Your Investment Plan is executed on your own or with us. This is considered as completion of your project.
Why Best Invest India?
We at Best Invest India specialize in creating unique, customized Financial Solution for you. We keep the client’s interest always above us. We also keep on updating and learning new techniques to ensure updating of our knowledge with the industry.
Again, the million-dollar question comes: why should you choose us?
You need someone to whom you can trust, have all the credentials, the one who can comply with the highest standards in education, experience, compliance, process and professional certification. We at Best Invest India qualify for each of the above said virtues.
One thing that we can assure you that you will not be disappointed with our services.
We are also committed to provide you unbiased, ethical, conflict free advice.
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Dreams CAN also be realised if you PLAN and ACT on them
How do I make financial plan myself?
01 - Set your Goals
Start by listing the basic most important financial goals of your life. Divide them in short-, medium- and long-term goals. Prioritize as per the importance of each goal
02 - What you Own
Make a list of what you have and where you need to reach
03 - Your financial standing/ Net Worth
Understand your cash flow, income, expenses, bills and Investments
04 - Make a Plan
Assess your goals and make a plan to achieve your dreams
05 - Implement the Plan
Nothing is more important than to implement the plan
06 - Review
Assessment and reassessment is important so as to reach your destination faster and to take the corrective measures in case of any requirement
Wealth Management
Wealth Accumulation and wealth management are the two sides of the coin. One is only a half truth and is not complete without the other side. We, here at bestinvestIndia prepare strategies for you to accumulate wealth and preserve the acquired one.
We will work on;
- Wealth Accumulation
- Risk management
- Insurance Advisory
- Wills
- Asset Transfer Strategies
Portfolio X-Ray
We all make investments. Some investments continue to grow, while others lag behind. We are unable to decide what to do with these investments may be due to a lack of time, knowledge, and skill. Should we put more money into such schemes/policies that aren’t working?
We research and prepare a ‘financial XRAY’ just for you. This not only examines your previous investment and risk appetite, but also provides you with alternatives of laggards