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Financial Planning

Financial planning is the process of preparing the roadmap to enable achievement of your financial goals through proper management of your finances.

The process is initiated by understanding your financial situation and leads to setting of your financial goals. The planner then looks into your income, expenditure pattern, risk profiling, cashflows, asset allocation, existing investments, insurances, assets and liabilities, etc and suggests you an appropriate strategy to enable you to achieve all your financial goals in a planned manner with routine monitoring.

Financial planning is an ongoing process since income/ expenditure, social and economic factors keeps changing over one's lifetime and there could be a course correction required in between. At times people's dreams and aspirations also change over time due to which regular monitoring and review with the financial planner becomes mandatory.