Advisory and Financial Planning
Financial Planning is an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it's not just about buying products. (courtesy Chartered Institute for Securities & Investment) You can choose to create the plan yourself, or take the help of an advisor/financial planner. A professional planner can help you develop a comprehensive financial plan.
A fee-only planner is someone who charges a fee for financial plan creation and advisory and does not receive any kind of commissions/incentives from mutual fund houses, insurers or other financial product sellers. Financial advice is provided and clients are expected to take necessary action on their own. (Courtesy freefincal) A fee-only planner can act as a Fiduciary - placing your interests above their own interests. Most planners and advisors in India earn commissions and suffer conflicts of interest.
SEBI's regulations include financial planning under Investment Advice and defines it this way: "Advice relating to investing in, purchasing, selling or otherwise dealing in securities or investment products, and advice on investment portfolio containing securities or investment products, whether written, oral or through any other means of communication for the benefit of the client and shall include financial planning." SEBI has strict registration requirements for advisors who provide these services. Professional who comply with the requirements and obtain registration from SEBI can call themselves Registered Investment Advisors (RIA). This document from SEBI list the do's and don't of investors seeking advice. "Always deal with SEBI registered Investment Advisers."
SriNivesh Advisors is SEBI registered Investment Adviser (RIA), with registration number INA200013132. We provide comprehensive financial planning and investment planning services for individuals and HUFs.
We offer a range of service plans tailored for various needs. Our planning and advice is customized and individualized. Please see 'Plans and Fees' page for a description of our services.
We are excited to offer our fee-only financial and investment planning services to discerning clients. Please share your contact information with us to get started.