Indian investors are getting more comfortable paying a fee for the financial advice. According to some financial advisors, the ... "Retail investors are getting comfortable paying a consultation fee," says Prashant Mudgil, certified financial planner.
Davidson recommends looking for an adviser with at least 10 years of experience in financial planning and who has a CFP ( certified financial planner ) designation, which is considered the "gold standard" for financial planning. To give you an idea of.
If your annual salary package is Rs.15 lakh, you must have “Sum Assured” of at least Rs.1 crore in one or more life insurance plans including term Plan, ULIPs and traditional plans. 7. What is thumb rule for health insurance coverage? For single.
Make the most of the last three days of the financial year if you wish to be money-wise. While you need to pay your taxes, you also need to make sure you invest and claim any money payable to you within this financial year. Firstly, one needs to pay.
A Certified Financial Planner (CFP) earns an average salary of Rs 357,070 per year. Most people move on to other jobs if they have more than 10 years' experience in this field. Experience strongly influences pay for this job.
A financial planner looks at the big picture when it comes to your money and develops a comprehensive plan to address your needs and long-term goals. Ideally, he or she can advise you on investments, insurance, estate planning, and taxes, among other .
Financial planning is no rocket science, it is a combination of simple financial strategies, few calculations and, most importantly, discipline. You may not have a written plan and a second opinion by a certified financial planner (CFP), but can still do.
Sophia Bera, CFP ® is the Founder of Gen Y Planning and has been quoted in The New York Times, Forbes, Business Insider, AOL, The Wall Street Journal, and Money Magazine. She tweets, travels, and loves helping millennials manage their money more .
High salaries can lead to wealth, but not if you burn through every last penny buying luxury cars or filling the closet with designer clothes. Still, in most corners of the US, we define wealth by how much people spend. It's easy to do. We typically.
‘You need to double-check that all the information is correct’ says Rita Cool, a certified financial planner at ... annual pensionable salary if you die, you need to make sure if your pensionable salary is the same as your total package, the same.