• Wealth Management
  • Retirement & College Savings
  • Business Owners
  • Life Insurance
  • General Insurance
  • Stocks, Bonds & Mutual Funds

Wealth Management

You have goals for your future; probably more than one. They might be about the lifestyle you hope to lead in retirement. Or a child’s education. There might be a charitable cause you hope to support more fully, or a hobby you’ve yearned to pursue. Or perhaps you’re just not quite able to articulate your goal. But we bet you have one, nevertheless. Understanding what’s really important to you is at the heart of how we’ll begin to build the kind of relationship you expect. Step by step, in a way that is very personal, very open and very focused on your hopes and dreams and goals.

Wealth management is very straightforward.

From the affluent individual’s perspective, wealth management is simply the science of solving/enhancing his or her financial situation. From the financial advisor’s perspective, wealth management is the ability of an advisor or advisory team to deliver a full range of financial services and products to an affluent client in a consultative way.

Theoretically, a wealth manager can provide every single financial product in existence. In reality most wealth managers specialize in services and products they feel most comfortable with.

A further defining quality of wealth management is that it is delivered in a consultative manner. By being consultative, wealth managers are truly client-centered. A good wealth manager meets a client without any presupposition about what financial products are appropriate for that affluent individual..

While it is common for a wealthy individual to be sitting with a wealth manager to address a particular need (investment management, say), the consultative wealth manager’s overriding objective is to understand the person and find out what’s important and why. Then the wealth manager is able to bring in the appropriate experts and provide the appropriate financial products.

Retirement & College Savings

You’re cruising along at 35,000 feet when the cabin suddenly loses pressure. Yellow oxygen masks deploy from the ceiling, begging to be used. You start reaching for the lifeline but your child sitting next to you screams for help. What’s your next move?

If you follow the preflight safety instructions, you put on your own mask before assisting others, no questions asked. After all, it’s difficult to help others if you don’t help yourself first. This seems straightforward when we’re flying through the sky, but a recent report reveals that it becomes cloudy when we’re on the ground, handling money, as an alarming number of parents are putting their own retirements at risk in order to fund their children’s education expenses.

Nine out of 10 parents believe their children will attend college, and since college typically arrives before retirement, the majority of parents feel like they should put money toward that first and save for retirement after. In fact, 49% of parents are willing to delay their own retirements to pay for their children’s education, while 74% feel guilty they won’t be able to provide more financial assistance. Overall, 63% are concerned about their children having enough financial resources to attend college, the most commonly cited concern.

Naturally, parents want to take care of their children first, but past experiences may be hindering the financial decision-making process. The report finds that 63% of parents believe they took on too much student loan themselves, and 79% want their children to worry less about money while in college than they did. Just over half of the 20,000 Indian parents in the study say they would take on at least ₹ 2,50,000 in debt to fund their children’s education, with 9% saying “whatever it takes.” Yet 66% of parents are still paying down their own student loans.

Finding a balance with your money is a crucial part of personal finance. Saving for retirement does not have to be mutually exclusive from saving for college and higher education.

Business Owners

Owning your own business is a dream for many. But managing your own business takes a lot more than hard work. You need a financial plan — one that addresses financial needs and products for every stage of your business life cycle and that takes into account your personal financial goals and dreams.

Managing taxes
As your goals and financial situation change, there may be new opportunities to reduce your taxable income. I`ll help you find them.

Retirement plans and other employee benefits
The right retirement plan can provide tax benefits and help you attract and keep high-quality employees. I`ll help you find it.

Business protection
Protecting your business means being prepared for unexpected situations. Together, we’ll create a plan to help guard against financial loses resulting from employee departures, disabilities or other disruptions.

Life Insurance

Life Insurance plan is the safest and the most secure way to protect your family or dependents against financial contingencies that may arise post the unfortunate event of your untimely demise. Under a Life Insurance Contract in India, the insurer assures to pay a definite sum to the policyholder’s family on his demise during the policy term.

Life Insurance Policy Details:

  • 1. Term Insurance:- It is the simplest and cheapest form of insurance that is designed to offer financial protection for a specified tenure, say 15 or 20 years.Term insurance ensures that your family gets a large lump sum amount, i.e; sum assured after your death to lead a financially stable life. However, if you survive the term, the insurer pays nothing. The best thing about a term insurance policy is that the premium is quite low for the insurance cover it provides. 

  • 2. Endowment Policy:- It offers the dual benefit of insurance and investment. A certain part of the premium is allocated towards the sum assured, while the remaining portion of the premium gets invested in asset markets— equities and debt. It pays a lump sum amount after the specified duration or on the death of the policyholder, whichever is earlier. An endowment policy may declare bonus periodically, which is paid, either on maturity or on the death of the insured.

  • 3. Unit Linked Insurance Plans (ULIPs):- In ULIP, a portion of the premium goes towards providing the life cover, while the residual portion is invested in equities and debts. The investment portion in ULIP is subject to market volatility. Investing in ULIP inculcates regular saving habit in a person, which is imperative for the creation of wealth.

  • 4. Money Back Life Insurance:- It offers periodical payment of partial survival benefits during the tenure of the policy as long as the policyholder is alive. In the event of death of the insured, the insurance company pays the full sum assured along with survival benefits

  • 5. Whole Life Insurance:-Offering the dual benefit of insurance and investment, whole life insurance plans offer insurance cover for the whole life of the person or up to 100 years whichever is earlier. Also the life insurance company calculates bonus on the sum assured, which is paid to the nominee after the death of the policyholder.

  • 6. Child Insurance:- The increasing education cost is causing uneasiness among parents. Therefore, it is best to invest in a good child insurance plan to give secured life to your child even in your absence. A child life insurance plan offers a lump-sum amount to the beneficiary (i.e. child) on the death of the policyholder. Here, the policy doesn’t end. In this case, Life Insurance Company exempts all future premiums and pays the money to the child at specified intervals as planned out by the policyholder.

  • 7. Pension Plans:-Also called pension plans, these are offered by life insurance companies to help an individual build a retirement corpus. This money helps a person to lead a financially secured life even after retirement. In case of an unfortunate death of the policyholder, the nominee can either take a lump sum or receive a regular pension for the rest of the policy tenure. These life insurance plans are great to build up a retirement corpus, Most life insurance companies in India provide a wide array of plans for people to save for their retirement.

General Insurance

General insurance covers insurance of property against fire, burglary, theft; personal insurance covering health, travel and accidents; and liability insurance covering legal liabilities. This category of insurance virtually covers all forms of insurance except life. Other covers may include insurance against errors and omissions for professionals, credit insurance etc. Common forms of general insurance are motor, fire, home, marine, health, travel, accident and other miscellaneous forms of non-life insurance. Unlike life insurance policies, the tenure of general insurance policies is normally not that of a lifetime. The usual term lasts for the duration of a particular economic activity or for a given period of time. Most general insurance products are annual contracts. There are however, a few products which have a long term.

Types of General Insurance:

    Motor Insurance:

  • Private Car Insurance Policy
  • Motor Cycle Insurance Policy
  • Health Insurance:

  • Overseas Mediclaim Business and Holiday
  • Overseas Mediclaim Employment and Studies
  • Family Floater
  • Individual Health Insurance
  • Personal Insurance:

  • Individual Personal Accident
  • Householders Insurance
  • Industrial Risk Insurance:

  • Machinery Insurance
  • Contractor All Risk
  • Electronic Equipment Insurance
  • Commercial Risk Insurance:

  • Standard Fire and Special Perils
  • Shopkeepers Insurance
  • Credit Insurance
  • Property Insurance
  • Marine Insurance
  • Liability Insurance
  • Financial Lines Insurance
  • Engineering Insurance
  • Energy Insurance
  • Employee Benefits Insurance
  • International Insurance Solutions

Stocks, Bonds & Mutual Funds

Fresh off Dalal Street’s worst week in a decade – one that saw the Sensex industrial average loses largely of its value and Nifty 50 index slip below the magical 2,800 barrier – I have two words of advice for gun-shy investors.

Don’t panic.

“We empathize with them; nobody likes seeing drops like 2008. However, we recommend they keep a long-term perspective, understanding that corrections are the norm, not a calamity.”

Sure, 2008 may have felt like a calamity if you were watching your portfolio shrink by the hour. But there were tell-tale signs – after riding an extraordinary bullish market, Dalal Street had been essentially trading sideways.

The worst hit stocks were DLF, Ranbaxy Laboratories Hindalco Industries, Tata Motors, Reliance Industries and Mahindra & Mahindra..

“Be especially careful if you were like many investors that were pushed into taking on higher risk investments due to the low-yield environment. Consider reviewing the compatibility of your portfolio and your financial planning goals, making changes to your investments if the two are out of alignment.”

Visualise Your Goals & Make Your Dream Come True!

Higher Education

75% of parents believe that their child will attend college

Life Insurance

80% of consumers think life insurance costs more than it does

At Rupee Planner
I Put the
Client First

My mission is to make professional financial advice and investment services accessible to everyone.

I believe that by putting my clients first, explaining complex financial topics in easy to understand language, and helping those in need, I can achieve that goal.

Rupee Planner is one of the most trusted independent financial planning firms in the nation, and I, Ashish Shah, as a founder has been the most active one during the consumer awareness program. With more than 500+ clients, I am on my way to achieve my mission.

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