Goal-based Planning
“Someone’s sitting in the shade today because someone planted a tree a long time ago.” — Warren Buffett.
You may have a plan to buy a large house or an office space after a few years. You may need to build a fund for your son’s education abroad. You may need to create a fund for your daughter’s start-up venture. Or you may want to achieve Financial Freedom at a given age. For any such plan, you need a well-conceived plan to achieve such goals.
A financial plan acts as a guide as you go through life’s journey. It helps in determining your goals, your liquidity needs, contingency provisions, liabilities, financial security to your family. It helps you to check your financial health and assess your core & lifestyle expenses, income from various sources & its consistency, your current wealth creation progress, and chances of achieving your Goals through your current investments and future investments through future cash flows. It also helps in identifying risks in and around your life, and use tools to protect your finances against those risks.
We provide comprehensive financial planning services to our clients. Kindly refer to Our Approach to understand the process in detail.
Portfolio Analysis & Re-balancing
This service will help you with a range of essential investing steps. It can help you:
- Identify inherent risk in your portfolio which can be avoided or mitigated.
- Check your situation to judge if investors can either enhance the risk and in turn enhancing the return to achieve ones’ goal or reduce them situation doesn’t permit taking a high risk. E.g. Repayment of Liability, can provide cushion to allocate higher to riskier assets for further wealth creation.
- Identify and remove unhealthy investment products. E.g., identify debt funds with unnecessary risk towards lower credit providing unfavorable risk-reward trade-off.
- Help you construct and manage your ideal portfolio.
All of these steps lead to great performance, control, confidence, and peace of mind.
Wealth Management
A large number of Wealth Management services concentrate only on generating high returns for investors. It is important to generate high returns, but equally important to ensure reduce or mitigate risk which comes in the process of generating high returns. Though Wealth Management is largely practiced as separate activity or services, it is in fact an integrated and important part of the financial planning process.
At Bluegrid, we focus equally on all aspects of Wealth Management.
- Wealth Creation
- Wealth Protection
- Wealth Enhancement
- Wealth Distribution
Wealth Creation
Wealth Creation involves complete understanding of investor and his requirement, assessment of risk profile, create an appropriate portfolio with ideal Strategic asset allocation suited to his/her risk and needs. Finally, identifying suitable investment products across to build his ideal portfolio. A review at the pre-defined schedule is conducted which is the most important part of the aspect of wealth creation
Wealth Protection
We face unexpected events at times which can either lead to huge erosion wealth loss. Loss can happen through perils which can put your asset at risk viz, house, office, car, jewelry. These assets need protection from theft, calamity, accidents, fire, etc.
Wealth Enhancement
Money saved is money earned. 1% CAGR additional return over and above 6% CAGR on 1 Cr can enhance the wealth by 17.6 Lakhs in 10 years.
We focus on wealth enhancement through tax efficiency while making your investment plan. Few percentages saving compounded for longer-term can help in enhancing wealth significantly.
Wealth enhancement can also be met through effective Liability Management. No doubt, debt can be a very useful tool at times for generating liquidity when its urgently needed, but too many loans and high cost of borrowing can erode your wealth significantly. We provide services to advise on appropriate consolidation of debt and lower borrowing costs wherever possible. At the same time, plan through your cash flows or wealth to control and pay off the debt in the given time to further enhance your wealth
Wealth Distribution
The final stage of wealth management, where one plans for a careful transfer of assets to their loved ones. We offer these services to ensure a smooth transfer of estate avoiding any hindrances like family conflicts, legal battles, etc.