A PRESENTATIONBYHow to be Financially wise andFeel Secure in life
Being financially wise is to ….2 Have control over our finances Being able to pay all financial obligations - Still notf...
 PLAN YOUR FINANCIAL LIFE INTELLIGENTLY IMPLEMENT THE PLAN THOUGHTFULLY MONITOR THE PLAN CAREFULLYBest way to be financ...
Planning is…. Blue print for management of all financial affairs ofentire life It answers 3 straight questions:1. Where ...
What you can plan?-examples of goals5• Buying a house• Buying a car• Risk management• Prepayment ofhousing loan• Debt mana...
NO ONE PLANS TO FAIL BUT PEOPLEWHO DON’T PLAN ARE SURELYMAKING PLANS TO FAILWhy Financial Plan?All Rights Reserved www.spe...
Why Financial Planning?7 To have financial life in order Reduce major cause of stress More clarity on how to achieve dr...
GIVE IT A THOUGHT8Do you need FinancialPlanning?All Rights Reserved www.spearheadfinserve.com
9 Do I have enough forretirement? When can I retire? Am I paying more taxes? How can I protect myassets? How will I p...
IF YOU DON’T HAVE CLARITY FOR ANY OFTHE ABOVE QUESTIONS, PROBABLY YOUNEED FINANCIAL PLANNING10All Rights Reserved www.spea...
What happens if you do not plan?11 Lack of direction for financial decisions Not able to distinguish needs- wants Trigg...
Components of Financial planning12 Risk Management Investment Management Tax Planning Retirement Planning Estate Plan...
Risk Management13 Emergency Funding Life risk planning Heath risk management Personal accident risk management Proper...
Retirement Planning14 How much corpus required when you retire? How is it going to be accumulated? Is there any gap? Ga...
Investment Planning15 Risk profiling Analysis of current Investments Analysis of suitability of investments Investing ...
Tax Planning16 Planning FBP In time Income Tax Return Filing Using all benefits of exemptions/deductions Using best ta...
Estate Planning17 Will creation Trust creation Gifting POA Philanthropic/Charitable giving Solutions for families of...
Benefits of having Financial Planner18• Professional management of your personal finance• Deciding on investment which has...
When and Why Financial planning fails?19 Planning without proper assessment Improper assumptions Lack of commitment Im...
Financial SecurityAll Rights Reserved www.spearheadfinserve.com
Elements of secured Financial life Protected self Protected family Meeting emergency fund requirements Secured retirem...
Why people don’t do Financial planningI don’t have time Terribly Busy. Too many projects. Completion in 2days time. Worke...
Cost of Delay23Cost of Delay CalculatorRetirement age 60 60Interest ratep.a. 12% 12%MonthlyInvestmentRs. 10,000 Rs. 15,000...
My kids will take care of meI have taken care of my parentsand“why not my son or daughter”All Rights Reserved24www.spearhe...
Indian express report- 3rd Oct 2012 Number of Old Age Homes doubles in the last threeyears In 2009, Help age India, an N...
What if I start doing my own financial planning?So much information is available in the net and become myown financial adv...
Knowledge to interpret N number of investments options available across geographicalboundaries that you need to evaluate....
Sources Result Banks Friends Family Co workers Insurance Agent Stock Broker Tax consultant Several people-Differen...
DO NOT PROCRASTINATE ASACTIONS CAN ONLY BRINGRESULTSTake ChargeAll Rights Reserved www.spearheadfinserve.com
“There are no magic secrets that areguaranteed to protect everyone under allcircumstances”All Rights Reserved30www.spearhe...
“Intelligently planned, thoughtfullyimplemented and carefully monitored isabout as close as anyone is going to getdevelopi...
How Spearhead Finserve can help you?32Be part ofFinwise turfSubscribingto ourweeklyNewslettersEnrollingfor ourservicesAll ...
Our ServicesComprehensiveFinancial PlanningWealth ManagementEssential FinancialPlanningAll Rights Reserved www.spearheadfi...
Features of our ServicesCore• Goal Setting• Analysis of current situation• Cash flow management andBudgeting• Net worth st...
Walk through our process35InitialMeetingRisk ProfilingLetterdefining scopeof serviceYourrelationshipwith moneySigning ofco...
Next …..36 Step 1 -Establish Goals Step 2 -Gather Data Step 3 -Analyze & Evaluate Your Financial Status Step 4 - Devel...
Why Spearhead FinServe ? Conflict free advisory – Not attached to single Broker or FundHouse/Insurer One Stop Shop advis...
Case Study Mr. X, wanted evaluation of his exitinginvestments, insurances, etc & a Financial Plan forhis future. Situati...
Case Study 6 Goals to achieve Situation Now: Insurance & Mutual Fund Clean Up Completed Presently 3 insurance policies...
Case Study Considering his health history & family illness, healthinsurance cover was increased Ensured sufficient liqui...
ProductsAll Rights Reserved41 Debt & Money Market Instruments Mutual Funds Equity Real Estate Advisory Other Products...
Products42 Debt & Money Market Instruments GOI Securities PSU bonds Corporate bonds (NCD’s & Perpetual) Tax free bond...
Products43 Mutual Funds Equity/Debt/Balanced Hybrid/ELSS/Gilt/MIP/ETF Equity Research base Advisory Trading Termina...
ProductsAll Rights Reserved44 Real Estate Advisory Feasibility Study (Risk & Return) Buy/Sell Recommendation Legal Opi...
How Spearhead Services can help you?45 In-house Research – A team of professionals Best of the instruments available in ...
Major Factors considered46 Client’s requirement Credit Rating Past Performance Liquidity Post tax Returnswww.spearhea...
THE ANSWER LIES IN YOUR STRATEGYDOCUMENT OR THE FINANCIAL PLANProducts will come and go, and you are not supposed to take ...
Q & AAll Rights Reserved48www.spearheadfinserve.com
All Rights Reserved49www.spearheadfinserve.com
DisclaimerAll Rights ReservedCopying, Modifying or Altering the contents of this document is strictly prohibited. Sharing ...
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Be financially wise and feel secure

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Be financially wise and feel secure

  1. 1. A PRESENTATIONBYHow to be Financially wise andFeel Secure in life
  2. 2. Being financially wise is to ….2 Have control over our finances Being able to pay all financial obligations - Still notfeeling burdened Not spending more than you earn Living with in the means Saving for the futureAll Rights Reserved www.spearheadfinserve.com
  3. 3.  PLAN YOUR FINANCIAL LIFE INTELLIGENTLY IMPLEMENT THE PLAN THOUGHTFULLY MONITOR THE PLAN CAREFULLYBest way to be financially wiseAll Rights Reserved www.spearheadfinserve.com
  4. 4. Planning is…. Blue print for management of all financial affairs ofentire life It answers 3 straight questions:1. Where am I?2. Where do I want to go?3. How do I reach there?All Rights Reserved4www.spearheadfinserve.com
  5. 5. What you can plan?-examples of goals5• Buying a house• Buying a car• Risk management• Prepayment ofhousing loan• Debt management Retirement planning Kids Education/Marriage Tax Saving Budgeting/cash flowmanagement Holiday planningAll Rights Reserved www.spearheadfinserve.com
  6. 6. NO ONE PLANS TO FAIL BUT PEOPLEWHO DON’T PLAN ARE SURELYMAKING PLANS TO FAILWhy Financial Plan?All Rights Reserved www.spearheadfinserve.com
  7. 7. Why Financial Planning?7 To have financial life in order Reduce major cause of stress More clarity on how to achieve dreams and goals Understand impact of each financial decision Get ready for life changing events eg. Childbirth, marriage, house purchase Bring coherence to financial decisionsAll Rights Reserved www.spearheadfinserve.com
  8. 8. GIVE IT A THOUGHT8Do you need FinancialPlanning?All Rights Reserved www.spearheadfinserve.com
  9. 9. 9 Do I have enough forretirement? When can I retire? Am I paying more taxes? How can I protect myassets? How will I pay for mychild’s education? Are my investmentsbeating inflation? How can I achieve myfinancial goals? Is my portfolio diverseenough? Am I saving enough? Do I have money foremergencies?All Rights Reserved www.spearheadfinserve.com
  10. 10. IF YOU DON’T HAVE CLARITY FOR ANY OFTHE ABOVE QUESTIONS, PROBABLY YOUNEED FINANCIAL PLANNING10All Rights Reserved www.spearheadfinserve.com
  11. 11. What happens if you do not plan?11 Lack of direction for financial decisions Not able to distinguish needs- wants Trigger spending Borrowing Stress Depending on chance for financial successAll Rights Reserved www.spearheadfinserve.com
  12. 12. Components of Financial planning12 Risk Management Investment Management Tax Planning Retirement Planning Estate Planning Children future Planning Major goals PlanningAll Rights Reserved www.spearheadfinserve.com
  13. 13. Risk Management13 Emergency Funding Life risk planning Heath risk management Personal accident risk management Property risk management eg. Auto insurance,house insuranceAll Rights Reserved www.spearheadfinserve.com
  14. 14. Retirement Planning14 How much corpus required when you retire? How is it going to be accumulated? Is there any gap? Gap analysis How to manage gap? If any What are best investment options for retirementcorpus accumulation? What if I retire early?All Rights Reserved www.spearheadfinserve.com
  15. 15. Investment Planning15 Risk profiling Analysis of current Investments Analysis of suitability of investments Investing by matching risk profile & goals Monitoring InvestmentsAll Rights Reserved www.spearheadfinserve.com
  16. 16. Tax Planning16 Planning FBP In time Income Tax Return Filing Using all benefits of exemptions/deductions Using best tax saving instruments to save taxAll Rights Reserved www.spearheadfinserve.com
  17. 17. Estate Planning17 Will creation Trust creation Gifting POA Philanthropic/Charitable giving Solutions for families of children with special needs Succession / Transfer Special purpose planning Family settlementAll Rights Reserved www.spearheadfinserve.com
  18. 18. Benefits of having Financial Planner18• Professional management of your personal finance• Deciding on investment which has sentimentalvalue• To have a person on your side(Not a product seller)• Have a person who makes you financiallydiscipline with strict insistenceAll Rights Reserved www.spearheadfinserve.com
  19. 19. When and Why Financial planning fails?19 Planning without proper assessment Improper assumptions Lack of commitment Improper Implementation Not able to Integrate the financial managementinto day to day lifeAll Rights Reserved www.spearheadfinserve.com
  20. 20. Financial SecurityAll Rights Reserved www.spearheadfinserve.com
  21. 21. Elements of secured Financial life Protected self Protected family Meeting emergency fund requirements Secured retirement Able to achieve financial goalsAll Rights Reserved21www.spearheadfinserve.com
  22. 22. Why people don’t do Financial planningI don’t have time Terribly Busy. Too many projects. Completion in 2days time. Worked until midnight. Tired of this. Cash lying in bank account without earning. What todo? Terribly busy.. How much I will lose because Ihave not invested? May be Rs.1 lac. It is OK ? NoProblems I will make it up.All Rights Reserved22www.spearheadfinserve.com
  23. 23. Cost of Delay23Cost of Delay CalculatorRetirement age 60 60Interest ratep.a. 12% 12%MonthlyInvestmentRs. 10,000 Rs. 15,000Delay inInvestment1 year 1 yearAge (in yrs)Amount lost until age 60 (inlakhs)Amount lost until age 60 (inlakhs)30 41 6135 22 3440 12 1945 7 1050 4 6All Rights Reserved www.spearheadfinserve.com
  24. 24. My kids will take care of meI have taken care of my parentsand“why not my son or daughter”All Rights Reserved24www.spearheadfinserve.com
  25. 25. Indian express report- 3rd Oct 2012 Number of Old Age Homes doubles in the last threeyears In 2009, Help age India, an NGO working for thewelfare of elderly people, counted 60 homes for agedin Bangalore and now this number has crossed 120.All Rights Reserved25www.spearheadfinserve.com
  26. 26. What if I start doing my own financial planning?So much information is available in the net and become myown financial advisor Have Time Monitor your investment portfolio frequently Track the markets Keep a close watch on the economy and political scenario Interpret changes in policies Understand and evaluate the new options coming in almost every day;AND do your regular job?All Rights Reserved26www.spearheadfinserve.com
  27. 27. Knowledge to interpret N number of investments options available across geographicalboundaries that you need to evaluate. To understand markets, government regulations, world economies andtheir impact on your investments in turn on your goals AND deduce and react to its changes appropriately and timely.All Rights Reserved27www.spearheadfinserve.com
  28. 28. Sources Result Banks Friends Family Co workers Insurance Agent Stock Broker Tax consultant Several people-Different views Decision in isolation No relation with eachother No consideration ofone decision on theotherWhere do we get advise from?All Rights Reserved www.spearheadfinserve.com
  29. 29. DO NOT PROCRASTINATE ASACTIONS CAN ONLY BRINGRESULTSTake ChargeAll Rights Reserved www.spearheadfinserve.com
  30. 30. “There are no magic secrets that areguaranteed to protect everyone under allcircumstances”All Rights Reserved30www.spearheadfinserve.com
  31. 31. “Intelligently planned, thoughtfullyimplemented and carefully monitored isabout as close as anyone is going to getdeveloping a financial security”All Rights Reserved31www.spearheadfinserve.com
  32. 32. How Spearhead Finserve can help you?32Be part ofFinwise turfSubscribingto ourweeklyNewslettersEnrollingfor ourservicesAll Rights Reserved www.spearheadfinserve.com
  33. 33. Our ServicesComprehensiveFinancial PlanningWealth ManagementEssential FinancialPlanningAll Rights Reserved www.spearheadfinserve.com
  34. 34. Features of our ServicesCore• Goal Setting• Analysis of current situation• Cash flow management andBudgeting• Net worth statement• Risk management• Investment Management• Tax planning• Retirement• Estate Planning• Gap analysisAdded• Clear Cut strategic guidance• Facilitating actions• MonitoringExtra• One stop shop• Tax return filing• Online software tool• Your relationship with money• Risk profilingAll Rights Reserved www.spearheadfinserve.com
  35. 35. Walk through our process35InitialMeetingRisk ProfilingLetterdefining scopeof serviceYourrelationshipwith moneySigning ofconfidentialityagreementAll Rights Reserved www.spearheadfinserve.com
  36. 36. Next …..36 Step 1 -Establish Goals Step 2 -Gather Data Step 3 -Analyze & Evaluate Your Financial Status Step 4 - Develop a Plan Step 5 - Implement the Plan Step 6 - Monitor the Plan & Make NecessaryAdjustments as and when requiredAll Rights Reserved www.spearheadfinserve.com
  37. 37. Why Spearhead FinServe ? Conflict free advisory – Not attached to single Broker or FundHouse/Insurer One Stop Shop advisory on all personal finance needs Client’s interest first Confidentiality of information at all stages No obligation of implementing the recommendations throughSpearhead FinServe. Continuous portfolio tracking through quarterly reviews &online platform Customized to Client’s requirementAll Rights Reserved37www.spearheadfinserve.com
  38. 38. Case Study Mr. X, wanted evaluation of his exitinginvestments, insurances, etc & a Financial Plan forhis future. Situation then: 16 Insurance Policies 15 Mutual Funds 19 Fixed Deposits spread across 4 banks 6 Post Office Deposits 2 Infra Bonds Health Insurance Cover provided by CompanyAll Rights Reserved38www.spearheadfinserve.com
  39. 39. Case Study 6 Goals to achieve Situation Now: Insurance & Mutual Fund Clean Up Completed Presently 3 insurance policies are continued About 6 Mutual Funds are continued Post-Office Deposits & FD’s have been liquidated & investedaccording to suitability of the goal. 2 Short-term Goals already achieved comfortably Every investment is mapped to a specific goal Sufficient Life Insurance cover taken considering his presentlifestyle & other commitmentsAll Rights Reserved39www.spearheadfinserve.com
  40. 40. Case Study Considering his health history & family illness, healthinsurance cover was increased Ensured sufficient liquidity to his cash flows in order totake care in case of Emergencies Implementation of the plan have been facilitated Two reviews of the Plan over. He is happy that he is movingin the right direction to achieve goals Monitoring the investments is a continuous activity & is inprocess…..All Rights Reserved40www.spearheadfinserve.com
  41. 41. ProductsAll Rights Reserved41 Debt & Money Market Instruments Mutual Funds Equity Real Estate Advisory Other Productswww.spearheadfinserve.com
  42. 42. Products42 Debt & Money Market Instruments GOI Securities PSU bonds Corporate bonds (NCD’s & Perpetual) Tax free bonds Capital Gain bonds Commercial Papers Corporate Deposits (Manufacturing, NBFC & Non-NBFC) Fixed Maturity Plans (FMP’s) Structured ProductsAll Rights Reserved www.spearheadfinserve.com
  43. 43. Products43 Mutual Funds Equity/Debt/Balanced Hybrid/ELSS/Gilt/MIP/ETF Equity Research base Advisory Trading Terminal DEMAT ServicesAll Rights Reserved www.spearheadfinserve.com
  44. 44. ProductsAll Rights Reserved44 Real Estate Advisory Feasibility Study (Risk & Return) Buy/Sell Recommendation Legal Opinions Housing Loan Facilitation Other Products Life Insurance – Traditional & Term General Insurance – Health, Critical, PA, Home, Vehicle, etc Loans against shares/Debt Instruments Commodities & National Spot Exchange Investments Debt Restructuringwww.spearheadfinserve.com
  45. 45. How Spearhead Services can help you?45 In-house Research – A team of professionals Best of the instruments available in the market Timely information Facilitate Investments & LogisticsAll Rights Reserved www.spearheadfinserve.com
  46. 46. Major Factors considered46 Client’s requirement Credit Rating Past Performance Liquidity Post tax Returnswww.spearheadfinserve.comAll Rights Reserved
  47. 47. THE ANSWER LIES IN YOUR STRATEGYDOCUMENT OR THE FINANCIAL PLANProducts will come and go, and you are not supposed to take note ofeach of such eventsUNLESS SUCH STRATEGY HAVE BEEN WELLDOCUMENTED BEFORE HAND IN YOUR FINANCIALPLANShould you invest in any such Products?All Rights Reserved www.spearheadfinserve.com
  48. 48. Q & AAll Rights Reserved48www.spearheadfinserve.com
  49. 49. All Rights Reserved49www.spearheadfinserve.com
  50. 50. DisclaimerAll Rights ReservedCopying, Modifying or Altering the contents of this document is strictly prohibited. Sharing of this document requires priorpermission from Spearhead Finserve Pvt Ltd For further queries / information, please revert to srivathsala@spearglobal.comThis document is only for information purposes and Spearhead Finserve Private Limited is notproviding any professional/investment advice through it. This document does not constitute or isnot intended to constitute an offer to buy or sell, or a solicitation to an offer to buy or sellfinancial products, units or securities. Spearhead Finserve disclaims warranty of any kind,whether express or implied, as to any matter/content contained in this document, including,without limitation, the implied warranties of merchantability and fitness for a particularpurpose. Spearhead Finserve and their officers, employees, personnel, directors will not beresponsible for any direct/indirect loss or liability incurred by the user as a consequence of his orany other person on his behalf taking any investment decisions based on the contents of thisdocument. Use of this document is at the users own risk. The user must make his own investmentdecisions based on his specific investment objective and financial position. Spearhead Finservedoes not warrant completeness or accuracy of any information published in this document. Thispresentation series is for personal use and shall not resell, copy, or re-distribute or use it for anycommercial purpose.

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