How much does it cost a financial planner to do your planning services? Or let us turn it on the other side – how much does it cost a financial planner to render financial planning services for you? For this you need to know what are the costs that are incurred by a financial planner […]
Gen X, Gen Y…nice terms but the definition keeps changing. If you have dealt with the baby boomers and their kids, let us accept one thing. These kids are different!! When I say Gen Y in terms of financial planning, I am using 1984 (George Orwell) as the cut off for their birth dates. They […]
When I meet IFAs -generally for training them, I am asked this question: – should we have a website facilitating transactions and – should we have a presence in the social media. Frankly I refuse to believe that there is an easy answer to both these questions. Let me make an honest attempt. If you […]
There is too much venom these days against the IFA. Not that I have not ripped them apart in my blog, but he/she has a very important role to play. I will try to say some of the things that an IFA can/ should do for the client. Whether they are equipped to, is a […]
Very rarely would a client ask this question, but it is a very important and a tough question. Imagine a prospect asks you this question: “Why should I hire a financial adviser at all, and why you?” Do not think of the current period when you are investing. Think 5, 10 or 20 years into […]
This is a sheer experience call – not an intelligence call, just an observation call. Read it, agree with it, disagree with it, like it, lump it…but please comment here, on the blog, so that it remains here even after a few years. 1. Be Modest about your calls: Occasionally when you get a right […]