Comprehensive financial planning involves the detailed review and analysis of all facets of your financial situation including cash flow analysis, retirement planning, risk management, investment management, etc. It is only through a comprehensive analysis that your true financial condition can be determined and the proper plan can be recommended. Any financial advisor or planner providing recommendations without addressing all of these aspects for you or your family will most likely result in unsuitable recommendations.
The initial step in developing a well thought out financial plan is to first define your objectives. At Saveabhi, we start by getting a clear understanding of your situation – where you are – and your objectives – where you want to be. Once defined, these objectives will determine the specific strategies, tactics, and financial instruments required to address some of the specific components of a comprehensive financial plan such as Retirement planning, Funding education, Estate planning, Children education and marriage, Protection of assets and income. Analysis of your present situation will help determine whether or not you are on target to meet your objectives.
The accurate integration of quantitative information as it relates to clearly defined objectives, concerns, risk tolerance and available resources will uncover any existing shortfalls or surpluses, followed by a review of options and alternatives that will provide for the development of a more effective, accurate, and relevant plan. Once we identify the options and strategies best suited to meet the goals we review the benefits and potential risks associated with each to provide you with a clear understanding of the differences associated with each plan. We then refine the options to develop a customized plan that best meets your needs as they relate to the components referenced above. Implement your strategy once the investment strategy is defined, we walk through every step in the evaluation and selection of the financial institutions and the myriad of investment vehicles offered in today’s market.
Once you have made the payment, a login detail will be sent to your registered email ID. It will take some effort from your side to complete the information asked. The more information you provide the better the plan would be. Once you have completed the form and have informed us we will start working on it. Our advisor will analyse your responses, he/she may contact you if there is any need. It may take up to 7 working days for you to receive a detailed plan comprehensive plan.