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Financial Planning is as important to an individual as it is for a Corporate. Shree Samarth Financial Services (SSFS) provides services to individuals to achieve their Personal, Professional, and Financial goals through systematic financial planning. This is done through a Six Step Process.
Mission:
To help individuals achieve their Personal, Professional, and Financial Goals through a systematic Six Steps approach
Vision:
To be recognised as a Partner in Progress by our Clients who foster a long lasting business association, with personal touch.
Comprehensive Financial Planning
Shree Samarth Financial Services provide Comprehensive Financial Plan that will match every individual's Risk Profile so as to catalyst achievment of the Personal Goals, Professional Goals, and Financial Goals. To know more about SSFS and how you can achieve your goals, you will need just two minutes
Financial Planning Components
Some of the components of Comprehenive Financial Planning are Education Planning for self or kids, Marriage Planning, Retirement Planning, Health Protection Planning, and Wealth Creation. It may sound strange but some times budgeting is an important component of financial planning.
Financial Planning - Six Step Process
Financial Planning is not a one time activity. It is a continuous process that requires long lasting association with Client, to make it successful. Financial Planning is a Six Step approach.
1) Establish Client-SSFS Relationship
First meeting with the client triggers this step. This meeting will help Client as well as SSFS to understand each other. Client will understand what services SSFS offers. SSFS will know how Client had been involved in Financial Planning before. SSFS confirms and assures the data confidentialiy. Though this is so-called First Step, it actually is a continuous bond-building activity, similar to growing a plant from seed to a huge tree.
2) Data Gathering and Goal Setting
In this step, Client shares information about his financial situation. SSFS and client together will mutually define various personal and financial goals, understand time frame for results. SSFS will also perform Identification of Client's Risk Profile activity.
3) Identify Financial Problems
SSFS will analyse all the information gathered to assess the current situation and determine what Client must do to meet the Goals. Depending on what Client is looking for, this could include analysing Client's assets, liabilities, cash flow, current insurance coverage, investment, and tax strategies.
4) Develop and Present Financial Plan
SSFS will offer Financial Planning recommendations that address Client's goals, based on the information provided. SSFS will walk the Client through the recommendations and help him understand it so that Client can make informed decision. SSFS will also consider any concern that Client may share and revise the recommendations as appropriate.
5) Implement Financial Plan
At this step, Client and SSFS will have mutual agreement on how the recommendations will be carried out. SSFS carries out the recommendation and coordinates the whole process with Client.
6) Monitor Financial Plan
Last but not least is monitoring the Financial Plan. Client and SSFS will decide and agree on who will monitor the progress towards achievement of defined goals. SSFS conducts at least two reviews in a year. Client and SSFS will decide the suitable months during which a formal review of Financial Plan will be carried out.Copyright © 2025 Design and developed by Fintso. All Rights Reserved