Call +91 98160 02197 +91 94648 35708  Email info@prudentfp.in
  

Engagement Process

The preparation of the Financial Plan is a multi-dimensional process. We follow the below process for the Financial Planning engagement.

Client Service Agreement Client Service Agreement

You will have to be signed at our formal Financial Planning Letter of Engagement. This document is meant to reduce confusion and misunderstanding not only by disclosing important information about how we are compensated and the companies with which we do business, but also clearly defining the level of service you can expect from us.

Risk Profiling Analysis Risk Profiling Analysis

By using our Risk profiling system, you obtain an accurate assessment of your risk tolerance in terms that are meaningful to you. Your Risk Profile report will guide you and your planner in your financial decision making. In particular, the report provides the basis for your instructions to your planner on the level of risk you would prefer.

In the questionnaire, you are asked about your attitudes, values and experiences. Your answers are scored against our parameter's base and used to produce a detailed report. The questionnaire takes about 15 minutes to complete. Click here

Data Gathering Form Data Gathering Form

We provide you a Prudent Data Gathering Form online in which you have to be filled accurately and completely to the best of your knowledge under the guidance a Principal Financial Planner. In Prudent Data Gathering Form, you will furnish us with complete and up-to-date information about your personal and family circumstances and investment objectives. It requires the planner to collect as much information as possible about the current resources, assets and liabilities of yours. Click here to access the form.

Document Submission* Document Submission*

You will provide scanned or Xerox copies of all recent statements which are being stated in Document submission clause at our email id planner@prudentfp.in. This process will ensure that possible errors are minimized. It will also save your time, because in order to complete this data, you will need to locate the most recent statements.

*Note: All the artifacts, facts & figures shared by you will be kept strictly confidential and will be returned to you after the engagement is over.

Basic Preparation of Plan Basic Preparation of Plan

Once all relevant information is assimilated, we will input basic information and your present financial situation include your pertinent assets, liabilities, current and projected cash flow, investment portfolio and tax implications as provided by you in initially data gathering from. A basic plan is prepared and sent across to you. We will set up a time & take you through the plan. Any new thoughts, scenarios, changes etc. which may come up, are noted for incorporating in the next version of the plan.

Final Plan Presentation Final Plan Presentation

The Final plan will be complete with detailed, actionable recommendations. Once again we take the client through the plan and explain what we have done for them and the rationale for our recommendations. Once the client has understood the plan completely, the financial plan engagement comes to an end.

Execution of the Plan Execution of the Plan

We don't sell any products or accept any commissions from a product manufacturer. However in our ongoing services after the financial plan is done, we do give recommendations on which particular product to buy and which is the most economical & convenient way to buy them.

But if you want to do it on your own… it's perfectly fine with us. As long as you are implementing recommendations in some way… the client-planner relationship can be healthy and go on for a long term.

Monitoring and Review of the Plan Monitoring and Review of the Plan

After a year, the plan is reviewed. Review is done to see whether the plan has progressed as laid out and whether any course correction is required. The process is similar to what was done in the first year – the idea is to continue the process and take it forward. The engagement needs to be renewed to carry the financial planning process forward. This is charged separately.

This, all engagement process will follow-up through mails/ calls/ Skype: As & when required.

For further enquiry, you may email us at info@prudentfp.in   or call us at +919816002197 and request for an appointment to discuss your requirement and proceed with the engagement.

     Invest Online-NSE

NSE has developed an online platform MFSS. This is a transactional online platform which facilitates you invest as lump sum, redemption, Systematic Investment Plan (SIP), Systematic Withdrawal Plan (SWP), Systematic Transfer Plan (STP), Switch and other transactions of mutual fund units under the strictly guidance of your adviser.



 

 

 

 

 

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  Online Portfolio View

  

Convenience is just a click away! We offer a host of services to manage your mutual funds and other investments. You can now integrated consolidate online portfolio view of all your holdings in all Funds serviced by us in one single window through our Wealth Magic Portfolio Online.  

 

 

 

 

 

 

 

 

 

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Testimonials

I am very happy and greatly satisfied with the PrudentFP Financial Planning services as they are giving to me
Deepak Tiwari, Panchkula (HR)
Suresh has always been thoughtful and insightful with regard to my needs, rather than his own. His investment suggestions have been sensible and fair. He has demonstrated sound and conservative financial ability.
Parveen Sharma, Bilaspur (HP)
Suresh is truly what I will call you as Financial Doctors/True Certified Financial Planners looking after my financial health. I fully recommend his name to whosoever who wants to come to them for getting their financial planning done.
Parvesh Bansal(NRI), Mandi Gobindgarh (Punjab)
I would unequivocally recommend Suresh’s services to anyone who cares about his financial health. The very reasonable fee that Suresh charges for his services are well worth the results.
Suresh Kumar, Sirhoi (Raj)
Suresh’s monthly cash flow management calculations and the consequent recommendations take into account all the requirements of a family and offer complete clarity as to the way forward.
Vishal Kakar, Panchkula (HR)
Prudent Financial Planners gave me a totally different perspective about money and how you can make your money work for you. I got to know about term plans and health insurance and other modes of investments.
Amit Goyal, Panchkula (HR)
Suresh has been advising me on my financial affairs since long time. I have already been burnt my fingers in stock market and then, Suresh had realized and brain stormed me about my investment plan.
Kulbhushan Jamwal, Distt Kangra (HP)
Your articles are really fabulous; I am your great fan. Sir I want my son to become great person like you
R.K. Mulchandani, Through e-mail

Presentations

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Certifications & Members

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CFPCM , CERTIFIED FINANCIAL PLANNERCM, and are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. (FPSB). Financial Planning Standards Board India is the marks licensing authority for the CFPCM marks in India, through agreement with FPSB.