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Before we delve deeper into the topic, let us define a financial guardian...
An accredited Financial Guardian is someone who uses the financial planning process and instruments to help you figure out how to accomplish your life goals. S/he not only takes into consideration your financial goals, needs, risk appetite, and exercises such as budgeting, investments, tax planning, but also recommends financial solutions with your best interest in mind every time. This approach sets a Guardian apart from other financial advisors, who may be trained to focus on a particular area of your finances.
A Guardian who stands for ethics, integrity and putting your interest first, at all times.
An individual who does not follow this approach is not a Financial Guardian, merely a product distributor.
One may say, "But why can't I do my own Financial Planning instead of approaching a Guardian?"
Of course, you could! Actually, there are quite a few personal finance websites, magazines, and self-help books educating countless investors in the art of money management. However, here are some questions you need to answer before deciding whether you need a Financial Guardian or not:
The list can go on.
So hope you recognise the need for a financial guardian who can hand hold you professionally and prudently in the journey of wealth creation. Irrespective of where you stand in your finances, it is a wise decision to seek a second opinion.
You will be able to evaluate and choose a Financial Guardian here.
All the Guardians listed on the www.certifiedfinancialguardian.com have gone through a program emphasising not only on the different areas of personal finance but also on the importance and essence of developing a financial planning advisory based on the principles of ethics and integrity.
PersonalFN is a Mumbai based personal finance firm offering Financial Planning and Mutual Fund Research services.
Tata Consultancy Services (TCS) has declared results for the quarter ended June 2016. The company has reported a 3% QoQ increase in consolidated sales while the consolidated net profit was up 0.3% QoQ.
Tata Motors Ltd has reported a 19% YoY and 202% YoY growth in sales and net profits for the quarter ended March 2016.
Idea Cellular has reported a 12.4% YoY growth in the topline and a decrease of 0.4% YoY in the bottomline for the quarter ended March 2016.
The term 'Financial Planner' may be used inaccurately by some financial advisors. Beware!
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