Compatibility Check – NKFS FinVision

Financial Advisor Compatibility Check

Selecting Right Financial Partner

Choosing a financial advisor is as much of a task as juggling with various financial responsibilities and choosing from a maze of complicated investment products. Then, there are the market mavens, who proclaim themselves as financial advisors like the next-door insurance agent, the over friendly bank relationship manager, the know it all broker/distributor in the neighbourhood, etc. The line of distinction between selling and professional advice thus gets blurred.

How do you differentiate? What kind of expectations do you have while engaging a financial advisor? Out of the following list, choose the 3 important aspects of engaging with a financial advisor which matter the most to you. This will help you set the right expectations. This quiz will also enable you to ascertain whether our line of thoughts on managing personal finance match and if we are the right fit for you.

What qualities do you look for in your Advisor?

Ability to work Closelu with other professionals Such as Lawyers CAs ETc Low Cost Of Advice Problem-solving skills and ability to consult beyond investment management Ability to create a high-return portfolio / Investment expertise / Portfolio performance Actively manages the portfolio Effective and quick implementation of advice Sends relevant and to-the-point / brief information Willingness to meet at your place of convenience Ability to understand your situation from your point of view Takes full responsibility for helping you find a solution / completely takes over your worries Frequent interactions and meetings; high-involvement relationship Technological sophistication

Conflicting recommendations by professionals or experts from different areas is one of the leading causes for sub optimal decisions, especially in the area of personal finance. So, while your investment advisor maybe harping on returns, your chartered accountant would guide on the tax rates applicable to a certain investment related income and broadly looking at complications of accounting and reporting income. Your legal counsel might be more concerned with product structure & titling.

We see it as a very important role for us to be able to reconcile these conflicts, put them in proper perspective and help this group take a decision in your best interest. It means an ability to effectively use the expertise of professionals and channelize it for a very specific purpose i.e. your (financial) wellbeing.

And we see this not just as a technical capability; we see it as a personal capability to be able to work with a team of diverse strengths and opinions.

Not having an Advisor is expensive… very expensive.

As Advisors we ensure that you stay disciplined in your savings/investments and of course do the due diligence of where and how much to invest. Most importantly, we protect you from getting swayed by the media and unsolicited advice from friends, colleagues and make an investment decision, which can go horribly wrong denting your finances in a big way.

If you think your Financial Goals are important and your priority is to achieve them, then our fee is reasonable.

Financial Advisor Compatibility Check

Selecting Right Financial Partner

What qualities do you look for in your Advisor?

NKFS Finvision

Customer Care

Mr. Navin Kumar

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