A financial planner is a qualified investment professional who helps individuals and corporations meet their long-term financial objectives. Financial planners do their work by consulting with clients to analyze their goals, risk tolerance, and life or corporate stages, then identify a suitable class of investments for them. From there they may set up a program to help the client meet those goals by distributing their available savings into a diversified collection of investments designed to grow or provide income, as desired.
Types of Financial Planning
Investment Planning involves identifying your financial goals throughout your life, and prioritizing them. Investment Planning includes buying a house, car, planning a vacation every year, etc. For example, if you want to invest for funding your vacation next year, do not choose an investment vehicle that has a three-year lock-in, instead, choose an option that matches your investment horizon. At Net Brokers, our experts do a thorough analysis of your financial goals and ensure the chosen investment products are aligned with the tenor required to achieve the desired goals.
Children Future Planning
Bringing-up child as a successful and responsible individual is a dream of every parent. Almost every parent sacrifices his or her own desires and wishes to make their child’s future secure. Many parents also face lot of hardships to save money and fulfil their child’s dream. Parents even stop caring about themselves when it comes to the career and future of their child.Two needs which need maximum attention and planning from parents (especially modern day parents) are higher education and marriage.
Very often, people postpone planning for retirement till they are very close to it. But that can leave them severely under-prepared.
The cost of delaying
Proper tax planning is the basic duty every person should carry out religiously. We help you compare the advantages of several tax saving schemes and depending upon your age, social liabilities, tax slabs and personal preferences, decide upon a right mix of investments, which shall reduce your tax liability to zero or the minimum possible.