Professional Documents
Culture Documents
Introduction
A professional service which is the combination of financial/investment advice, accounting/tax services, and legal/estate planning for one fee. In general, wealth management is more than just investment advice, as it can encompass all parts of a person's financial life.
Mr.Arun adhana is 32 and Manisha is 29 years of age.arun is a recently working in MNC who now owns a small sign-making company. Manisha is a full-time teacher with the local school. They have two children (sparsh and khushi), who recently in school.
Risk bearing capacity This gauges your ability to assume risk. Your willingness to assume risk is about the same as your ability to assume risk. There are two time frames for the investment portfolio. Both are considered to be long-term.Because your health is excellent for your ages, your combined life expectancy is over 25 years.The second time frame occurs when the remains of the portfolio will pass to your heirs. The purpose of this investment account is to provide retirement income for Arun and Manisha Sample.
Future Plan
new vehicles every five to seven years. A office in Great India place, Noida A four bedroom flat in swarn nagri Annual trips abroad Children education from reputed college.
Three Ways to Manage Financial Assets The third phase of investment management is deciding how to manage your
investments. Since there are only three ways to go, it is critical to first understand the advantages and disadvantages of each. The three ways money can be managed are: 1) Market Timing: Whenever one makes an investment decision based on a forecast of a market, asset class, or security going up or down, market timing is being utilized. We are not proponents of market timing, since it is impossible to accurately predict market movements consistently over time. 2) Security Selection: This is deciding which asset to buy or sell compared to others of the same type. For example, deciding whether to buy a bond or a growth stock would be an asset allocation or market timing decision. Deciding whether to buy AMD or Intel would be a security selection decision, since both stocks are in the same asset class. Stock picking (or mutual fund selection) is the most common form of security selection. 3) Asset Allocation: The art and science of how money is to be divided between different asset classes to lower risk and increase returns. This is also known as optimizing an investment portfolio, making it more efficient.
4.) Portfolio Construction and Management - An Integral Part of the Investment Process - Every segment of each financial market has different return potential & risks. Successful asset allocation requires diversifying the portfolio structure further across market capitalization, growth & value styles, and even alternative investments. 5.) We Never Ignore the Tax Implications of Investing We maintain a keen focus on tax management to help control tax implications within your portfolio and to help enhance after-tax returns. In the end, its not only how much money you earn its also how much of it you keep. For this reason, we make tax sensitivity an ongoing process, from portfolio structure to manager selection, portfolio management and ongoing monitoring. 6.) Risk Management - Keeping Investment Progress on Track Natural market movements often cause portfolio allocations to drift from their original positions as different sectors of the market appreciate or depreciate over time. Also, your objectives may shift over time as your personal situation changes.