Finplifi Financial Planners and Consultants, a SEBI registered Investment Advisor (SEBI Registration: INA200011240), is a professional Financial Planning and Advisory Firm offering unbiased fee based financial advice and recommending financial products as per client goals and needs.
With our expertise of over 10 years in Financial services industry and over 5 years in Financial Planning, we are best placed to serve discerning clients.
Today we actively manage over 50 family relationships. Since each client is different, solutions will be tailor made to suit their needs.
Our Team: We bring together the collective strength of our experience, qualifications and certifications to serve our clients better. We are Certified Financial Planners accredited by the FPSB, U.S and also AMFI/NISM certified.
Why SEBI RIA and our differentiation: In the year 2013, SEBI promulgated Registered Investment Adviser regulations to differentiate between Investment Advisers and Ditributors. As a RIA, we have the fiduciary responsibility to protect the rights and work in the best interests of our clients.
Our Philosophy: We clearly believe in having skin in the game while advising our clients and hence we put our personal monies to test before recommending any product.
Services: Our services basket extends across the entire spectrum of Financial Planning suite from Risk Planning, Investment Planning Tax and Estate Planning.
Process: Before we get to Financial planning, we have an initial no-obligations discussions you understand your thought process and exact requirements.
Financial Planning is a 6 Step Process
- Fact Finding to assess current Financial position
- Analyzing and interpreting the data
- Preparation of the Financial Plan draft
- Presentation of the Plan
- Execution of the recommendations
- Monitoring and Reviews
Wealth Management – For specific investment products, we can refer you to our Wealth Management firm – Pyramis Investment Strategies.
We believe in a systematic approach to wealth creation. Hence, it involved the below steps.
- Completion of Risk Profile
- Asset allocation – Distribution of funds between growth and non-growth assets
- Choosing investment vehicles to suit objectives
- Personalizing your investments to ensure tax benefits
- Re-balancing investments to optimize the portfolio
Research Process – This is integral to our product selection process and hence determines the long term success of investment portfolios. We have in-house research tools for selecting the top performing schemes.
Pricing: As the needs and the complexities involved depends on each individual circumstances, the fees we charge clearly depends on the type of service an individual wishes to avail. It could be “Execution Only” service or a “Comprehensive Financial Planning service”
Specific advise/One-time advice: Clients who would like to avail specific products based advice or a one-time expert opinion, will be charged a flat % fee depending on the quantum of investment, expertise and the time involved.
*Few Investment options will have separate additional charges. Please Contact us for more details
Comprehensive Financial Planning services:
Clients wishing to have regular reviews of their plans and hence retain our services can opt for this. Comprehensive reviews would be done every year as a given and also the client can get in touch in between for resolving any financial query. We would also keep these clients informed on any important developments affecting their personal finances.
We have a progressive slab based fee structure for these clients, which will depend on the AAUA (Active Assets under Advisory)with us.
The following could be noted.
- Annual Subscription Fees are for one year (12 months) from the date of signing up, charged on semi-annual basis in advance.
- Taxation would be given due importance while constructing the plan or while doing the review.
- Fees for tax /legal advisory services from our associates would have to be borne separately at actuals, which would be over and above the quoted fees.
- The billing is not for an individual but at a family level. A family generally comprises of husband, wife and dependent children.
- The quotation for fees would be given in advance based on the specific requirements and the AAUA of the client.
- Any government levies would have to be paid over and above the quoted fees.