When it comes to wealth creation, the spotlight is often on numbers and other aspects are neglected. Financial Planning ensures that a more wholesome approach is followed. The focus of a financial plan shifts to developing financial wellbeing. Financial planning adopts a holistic view and addresses various facets. Regardless of your age or your profession, a financial plan can inculcate discipline to achieve wealth creation. We have a variety of financial plans that can be customised to your needs. The pricing of each plan depends on the scope of work involved. Talk to our team to know which financial plan is suited to your needs.
We are proud to announce that ithought plan won the Wise Advice Case Study Competition organized by HDFC AMC in 2019 and 2017. We have consistently ranked among India’s top 4 advisors since 2016.
Personal Financial Planning
Everyone has financial commitments spread across a lifetime and a financial plan keeps track of them. Financial planning helps provide adequately for these commitments. A financial plan gets you from where you are to where you want to be. A financial plan narrows in on key action items for wealth creation. We offer comprehensive financial planning solutions that identify priorities, assess feasibility, and chart appropriate strategies for wealth creation.
Each enterprise has unique demands and its own set of challenges to overcome. An enterprise is built around a wealth creation premise. Financial planning can empower enterprises to translate their vision into reality through a financial plan.
Financial Planning facilitates assessment of an enterprise's financial wellbeing. A financial plan provides an objective course of action for wealth creation. From experience, we know that financial planning is effective for aspiring businesses. Through financial planning an enterprise's financial wellbeing can be enhanced.
At ithought, a financial plan for enterprises is constructed in line with accounting principles of a going concern. Through the financial plan, we suggest wealth creation strategies to address financial and business risks, analyse and manage cash flows, improve tax efficiency, and identify suitable investment avenues for surplus money.
Your golden years should be free of financial stress. Proper financial planning could go a long way. A financial plan gets you to start in advance and factor all your commitments. A financial plan helps you consistently work towards set wealth creation targets. A financial plan enables wealth creation and financial security.
When you retire, you retire from work and not from wealth creation. Financial planning for retirement includes understanding the various financial products in your retirement portfolio, structuring sustainable cash flows from your retirement corpus, utilizing tax benefits, mitigating risks, and rebalancing asset allocation. A financial plan is a tangible output of the financial planning process that aids wealth creation.
As a firm, we offer comprehensive financial planning and wealth creation solutions for individuals, enterprises, and retirees. Our financial planning and investment strategy teams continuously develop wealth creation strategies that cap risk and consistently beat inflation over long periods of time.
Tax planning is an important component of a holistic financial plan. The purpose is not limited to minimizing your tax outflow. An effective financial plan identifies available tax benefits and recommends a course of action that enhances wealth creation. Aligning tax saving investments with the investment horizon, asset allocation, and overall financial needs is essential to the financial planning and wealth creation process. We have a thorough understanding of prevailing tax laws and associated benefits. We can assist in identifying these benefits and structuring a financial plan to facilitate wealth creation.
When left unattended, debt eats into wealth creation. There is a need for every investor to get out of the debt trap. Financial planning is the key. A financial plan manages debt and creates space for wealth creation. Our debt management service helps clients achieve financial freedom through comprehensive financial planning. We understand that a financial plan with effective debt management strategies is the cornerstone for wealth creation.