Financial Planning is the process of meeting your life goals through the proper management of your finances. It involves the process of assessing your financial situation, determining your objectives and formulating a plan to achieve them.
Broad Areas in Financial Planning
The objective of financial planning is to ensure that the right amount of money is available in your hands at the right point in the future to achieve an individual's life goals. It also allows you to understand how each financial decision you make affects other areas of your finances.
BIA Capital Advisors is a company promoted by Chartered Accountants having CFP Degree now offers Financial Planning Services.
Steps in Financial Planning involves:
- Write to us at biacapital.india@gmail.com and our Certified Financial Planner will contact you.
- Fill the Questionnaire sent by our Certified Financial Planner
- Plan Preparation by our Certified Financial Planner
- Discussion of the draft plan with the client
- Final Plan preparation after incorporating the changes to the draft plan
- Plan Implementation
- Periodic Review
Broad Areas in Financial Planning
- Cash Flow Management
- Insurance
- Asset Allocation
- Investment Planning
- Retirement Planning
- Taxation
- Estate Planning
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