Karvy Private Wealth provides you with Comprehensive Financial Planning services that analyses your financial health thoroughly and helps you plan your investments to meet your medium term and long-term goals. As part of this comprehensive financial planning, we also provide recommendations on your current portfolio, restructuring of current loans and advice on tax optimisation.
Who is this suitable for?
- Families looking to develop a holistic picture of their current financial well being and evolve a roadmap for the future
- Families looking to secure future financial needs like children’s education, children’s marriage and family head’s retirement
- Families looking to rebalance their existing portfolios
- Families looking to invest in new opportunities in the market
What does it cover?
- Assessing the client's financial health – through analysis of current financial context. This includes the income, expenses and net worth (assets and loans).
- Helping the client's family set its long-term milestones and plan for the same.
- Providing medium term cash flow analysis and long term net worth projections.
- Performing on-demand scenario analysis specific to the customer (e.g. what if I plan an early retirement).
- For advising on current investments :
- Assess the risk taking ability, based on milestones planned above
- Evaluate the existing investments across different asset classes
- Recommend an asset allocation suitable to customer needs and designed to meet objectives laid out in the Financial Plan
- Recommend specific mutual fund schemes, debt instruments, equity ideas within each asset class
- Execute the transactions to achieve the targeted asset allocation and hence the Financial Plan objectives
