“Subra, I met this Financial Planner and he has offered to do my financial planning for a fee of Rs. 24,000 – I can afford it, is it worth it?” was a call that I handled this week. I said: Gee, frankly I do not know. It takes a great mind to say “I will [...]
I met a well to do Financial Advisor, or rather should I say almost Ex-Financial advisor. He is in the business of mutual fund distribution, given up life insurance and general insurance distribution, does not entertain clients any more for direct equity, and does financial hand-holding for SMEs. He tried his hand at fee based [...]
When asked about Retirement, normally people are in a denial mode. Why even ask them ‘What will your family do, if you drop dead’…is a question they hate to hear. They even hate me for asking these questions. It is difficult to know what to do…so best is either do not do anything or speak [...]
i wrote this article for some website / magazine..not sure which Reuters perhaps…. You have just crossed your 24th birthday, when you’ve gained the education and/or skills you need for the career you’ve chosen, and you’re earning money and learning how to handle it. Ok, ok you are not in your twenties but are in [...]
People ask me what should a financial planner do? Well if I were to write a book on financial planning, I could write a few chapters on this topic. One thing however he MUST do is ask you a lot of questions – some painful. For example when I talk to a new, unknown person [...]
http://www.subramoney.com/finance-for-non-finance-people-workshop/ Fee based Investment counseling is the cure to all problems, so say the Learned Men. They ought to be correct, because all channels are also saying it. Now I met a ‘Good Intentions’ – we will only do what is good for the client financial planning company. They wanted their ‘planners’ to be able [...]