Strategy and Planning - Why, Where and How are extremely critical for successful wealth management.
We make strategic planning of our clients’ finances and set life goals, prioritize them, efficiently allocate funds and resources, reduce complications, minimize surprises, increase speed in execution, saves time and efforts, increases risk adjusted returns, saves taxes, ensures enough liquidity, simplifies compliances and financial life and increases joy and happiness in the family.
As a part of Strategy & Planning, we provide following services
1. Bank Accounts & Money Transfers:
We help clients to decide which account (Resident / NRO / NRE / FCNR), which type (Savings / Current / Deposit), when, with which bank, in whose name, why, and how to open, efficiently maintain, close or consolidate bank accounts. We also guide about how much money to be transferred or remitted, in whose name, at what rate, how and for what purpose (gift/ loan/ income/investment). Through better bank accounts and money transfers, our clients reduce taxes, get better conversion rates, improve compliance, simplify monitoring and managing transactions and save time and energy.
2. Risk Assessment and Profiling
We have developed a risk questionnaire that assesses our clients’ ability to take risk and willingness to take risk. Based on the clients’ responses, we prepare the risk profile of our clients, which is explained and approved by them. Risk profile increases awareness about the personality and way of thinking of our clients, their relationship with money and also ensuring suitability of investment products and advice.
3. Investment Policy Statement (IPS)
IPS is critically important for the success of Investment Management as it provides guidance and direction for the efficient and effective management of wealth for multiple generations. We prepare, develop and maintain a family’s Investment Policy Statement considering the family’s financial goals, risk profile, return requirements, time horizon, tax implications, liquidity or income requirements, legal and compliance issues or any unique situations. Through IPS, clients get clarity about the investment process, a framework of managing assets and increase the ability to achieve the financial goals.
4. Strategic Asset Allocation & Tactical Asset Allocation
Strategic allocation is a long term asset allocation and tactical asset allocation is a deviation from this long term allocation based on external factors. Based on discussions with the client, we recommend a Strategic Asset Allocation that is unique to the client in accordance with risk profile and financial goals. Based on any changes in financial market conditions, micro or macro economic events in India or the world, our advice helps clients take benefit of external factors, increase risk adjusted return and save taxes.
5. Global Multi Asset Portfolio Guidance
We truly make our clients portfolio Global by investing in various geographies including Europe, MEA, Asia Pacific, Americas as well as in developed and emerging markets. Also, we advise investing in multiple assets - domestic and global equity, various types of debt products, gold including sovereign gold bonds, REITs, start up funding - PE/VC, structured products and advice them to diversify the risk and increase risk adjusted return.