FAQ | Finshield Advisors

FAQs

1. Why is Financial Planning Important? Is it for me?

Financial Planning is for everyone. Without financial stability, peace of mind is far-fetched. Security and freedom for you and your loved ones cannot be left up to luck in a changing and uncertain world. Our methodical approach ties together financial goals with cost-effectiveness. We can plan expenses, savings, and all things finance with a helpful plan.

2. Who are SEBI-registered Investment Advisors (RIA)?

The Securities and Exchange Board of India (SEBI) follows a thorough procedure to grant a license to individuals in a financial advisory business. SEBI-registered Investment Advisors charge clients a direct fee in lieu of investment advice. They play the role of an unbiased investment advisor who puts their client’s needs first.

3. Why should I use a Fee-only Registered Investment Advisor?

A Fee-only approach ensures that we truly represent you without any conflict of interest. We believe in full transparency, so you will always know exactly how much you are paying for our services. Registered Investment Advisors have to undergo a meticulous licensing process which makes us trustworthy.

4. Does Finshield have an investment minimum?

We do not require a specified minimum value of assets to work with clients. Instead, we believe that a client’s attitude towards investments and accumulation efforts is more important than their net worth or income. We take pride in working with clients of all sizes and shapes to help them grow their portfolios and achieve their individual financial goals.

5. If Finshield is my wealth management firm, can I still work with my current CA/Auditor/Lawyer?

Absolutely! You can continue availing of the services of any CA or tax preparer of your choice. Many of our clients have long-standing relationships with their tax advisor who is familiar with their history and the reason for certain tax planning strategies. If you use your own tax professional, we collaborate closely with them in the following ways:

First, we make sure that your investment plan falls in line with any tax mitigation strategies that you may already have in place.
Second, we work directly with your current CA, estate planning attorney, insurance agents, and other professionals. Rest assured, we will coordinate seamlessly with the rest of your professional team to simplify your life and ensure everyone stays up to speed on your goals and needs.

Third, we make sure your tax advisor receives all the investments and related information necessary to prepare your tax returns. Plus, we do it on time, so you no longer must worry about last-minute tax calculations.

6. How closely involved will I be involved in the process?

Initially, there is a period of discussion where we get to know you and discern your current financial situation. This will require high engagement from your side. After that, the involvement is completely up to you!

You can decide the terms of how much of your time you wish to put in and to what extent you wish to be part of the entire process. Our aim is to put you at ease and grow your wealth in the long term. To this end, we shall do whatever’s necessary.

7. Which is the best investment for me?

It depends on your goals and risk profile which we will help you establish. We recommend a diversified portfolio for our clients in accordance with market trends. Schedule a free consultation to get started.