No matter how simple or complex your business questions, we have the capabilities and experience to deliver the answers you need to move forward. We can help you take decisive action and achieve sustainable results.We believe that every audit, every tax return, every advisory opportunity, and every interaction with a client or colleague should make the working world better than it was before. Fulfilling our purpose starts by asking better questions, because the better the question, the better the answer. These better answers help our clients operate more efficiently, manage risk, foster growth and inspire confidence, which, ultimately, leads to a better working world.
For any corporate consultancy contact us-8199990366.
Who are Financial Advisor?
Financial advisors are professionals who help individuals and businesses make smart decisions with their money. They provide guidance on a wide range of financial matters, including investing, saving for retirement, and managing debt.ย
A good financial advisor will take the initiative to get to know your background, goals, and plans for the future. Once they have a clear understanding of your situation, they can help you develop a financial plan that is tailored to your unique needs.
What Do Financial Advisors Do?
Financial advisors provide guidance and advice to help their clients make sound financial decisions. They tailor their services to fit the specific goals and objectives of each client. Below are some of the services that financial advisors offer to their clients
Investment Advice
Financial advisors provide information aboutย investmentsย and evaluate how they may fit into a client’s overall financial picture.ย For example, if you are considering investing in a new business venture, a financial advisor can help you determine whether or not it is a good idea. They can also provide guidance on how much money you should invest, and what kind of return you can expect
Risk Management
Financial advisors control possible threats to the assets of a client. They understand their clientโs goals and risk tolerance in order to make appropriate recommendations and investment strategies and explain why they are suitable.ย Additionally, they research and monitor the market to stay up-to-date on economic trends and news that could affect their clientโs portfolios.
Insurance Planning
To cover the risks involved, a financial advisor may recommend and guide clients through insurance planning as a way of protecting oneself, family,ย assets, andย businesses against untoward incidents
Education Planning
This service includes the evaluation of options and the development of plans and making arrangements to prepare for the future educational needs of loved ones
Debt Management
Debt management is the optimizing and planning of finances to keep up with the bills and debts that may have been accumulated. Advisors can provide management plans suitable to theย budgetย and situation of the client to lower current debt.ย
Retirement Planning
This service includes the evaluation of options and the development of plans and making arrangements to prepare for the future educational needs of loved ones
Estate Planning
In estate planning, a financial advisor identifies all of your assets and creates a comprehensive plan for their management, transfer, and distribution. They ensure that your assets are properly protected and your loved ones are taken care of after you are gone.
Tax Planning
Financial advisors examine the investment portfolio and suggest ways to minimize the tax burden, and provide tax preparation and planning advice. They suggest ways to invest in tax-advantaged accounts or recommend investments that have little to no tax charges. By helping investors understand the tax implications of different investments, investors maximize their returns while minimizing their tax liability.
OUR SERVICES
Insurance
Benifits of Insurance
Insurance is important for the following reasons:
Spreads Large Risks
The insured’s risk of loss is transferred to the insurer through insurance. The underlying premise of insurance is to distribute risk among many individuals.ย The majority of the population purchases insurance and pays premiums to the insurer. Whenever a loss happens, it is reimbursed by funds collected from millions of policyholders.
Provides Financial Safety and Security
When an unforeseen event, such as death, disability, critical illness, or property damage, insurance provides the financial safety and security needed to cope with the situation. Insurance gives policyholders peace of mind and protection from catastrophic losses
Generates Long-Term Wealth
Insurance policies are long-term contracts. The premiums paid today to create a financial asset that will be there when policyholders need it in the future.ย Insurance companies invest the premiums in a variety ofย assets, such asย stocks,ย bonds, and real estate, which generate additional income that can be used to pay claims.Some insurance policies may guarantee a reliable income source after retirement. The importance of insurance in post-retirement life will depend on your current investment strategy
Builds Economic Development
The insurance industry producesย revenueย from premiums paid by millions of policyholders.ย These funds are used to build long-lasting national infrastructure (such as roads, ports, power plants, and dams) because of their long-term nature.Large investments leading to the development of capital in the economy boost employment chances.ย Additionally, insurance facilitates loss reduction,ย financial stability, and the promotion of trade and commerce activities, all of which contribute to sustained economic growth and development.
Provides Support During Medical Emergencies
Medical emergencies can happen anytime and often result in financial hardship.Insurance gives the policyholder access to quality medical care without worrying about the cost.In the case of a medical emergency, insurance pays for hospitalization, surgical procedures, diagnostic tests, and other treatments. Insurance also covers pre-existing conditions and preventive care.
The many types ofย insurance plansย available today may be grouped into two groups :
- Life Insuranceย
- General Insurance
1. General Insurance
Some of the kinds of general insurance offered in India are as follows :
- Health Care Coverage
- Automobile Insurance
- Homeowners’ Insurance
- Insurance against fire
- Insurance for Travel
2. Life Insurance
Life insuranceย comes in a variety of forms. The most prevalent types of life insurance policies offered in India are as follows :
- Term Life Insuranceย
- Unit-Linked Insurance Plans
- Whole Life Insurance
- Endowment Plansย
- Child Plans for Educationsย
- Retirement Plans
Simply knowing the various insurance
policies does not help. Instead, you
must know how each of these plans work.
Without adequate knowledge about each of
them, you may not be able to protect
your finances, as well as the financial
well-being of your family members. For
more information, Contact us.
Investment
Investment is the dedication of money
to purchase of an asset to attain an
increase in value over a period of
time. Investment requires a sacrifice
of some present asset, such as time,
money, or effort.
In
finance, the purpose of investing is to
generate a return from the invested
asset. The
return
may consist of a gain (profit) or a
loss realized from the sale of a
property or an investment, unrealized
capital appreciation (or depreciation), or investment
income such as
dividends,
interest, or rental income, or a combination
of capital gain and income. The return
may also include currency gains or
losses due to changes in the foreign
currency
exchange rates.
Investors
generally expect higher
returns
from
riskier
investments. When a low-risk
investment is made, the return is also
generally low. Similarly, high risk
comes with a chance of high losses.
Investors,
particularly novices, are often
advised to
diversify
their
portfolio.
Diversification has the
statistical
effect of reducing overall risk.
Best Investment Options
Generally, investment plans help you
attain your life goals if you choose
them as per the financial plan that you
have. Whether you have a short-term or
long-term financial goal, consider your
financial milestones and choose a plan
accordingly. Let us consider the
below-mentioned top investment options
in India.
How To Raise Funds for Business In India?
If you are looking for ways to raise
capital for your startup business,
then you are at the right place.
Follow along to find out essential
financing techniques to launch your
startup.
While you are at the
early stages of developing your
startup, the management team might not
have proper formation, and the
products and services might still need
to undergo more testing, and they can
still be in a developmental phase. At
this stage, your patents might still
not be granted, and you might need to
redesign your website. In this
developmental stage, the entrepreneurs
might need capital investments from
venture capitalists and angel
investors to grow the business,
irrespective of whether the startup is
an MSME or large enterprise.
Startup
funding can deal with website
designing, incorporation and
everything else per your requirements.
Fundraising is a significant
deal-breaker for an entrepreneur to
move up the success ladder. You can
fundraise online or offline; however,
the success depends on your
fundraising ideas. Here is a
compilation of a few financing
techniques to help you secure a fund
for the startup.
โข Self Funded Startup Business
โข
Encountering Angel Investors
โข
Option for Crowdfunding
โข Apply
for Loans Under Government Schemes
โข
Apply for Loans from Public Sector and
Private Banks
โข NBFC or
MFI-approved Small Loans
โข Avail
Business Credit Cards
โข
Peer-to-peer Lending
Conclusion:
Apart from these options, you
can also seek help to come up with
interesting online fundraising ideas
by Compliance Solution. Compliance
Solution has partnered with prominent
venture capitalists and angel
investors in India to provide the
best-in-class fundraising services for
ambitious entrepreneurs to scale up
their startups. Once you provide the
idea you are working on, Compliance
Solution will put together your pitch
deck. Then the design specialists will
take care of your brandโs image and
concept to come up with a completed
pitch deck within 14 business days.
Create a compelling pitch deck with
Compliance Solution now with the
guidance from legal experts,
eye-catching presentation features and
with the help of a dedicated
compliance team and get connected with
potential investors.