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About The Client
A divorcee and a single parent with two children, this client has been on our roster since 2010, shortly after the divorce was formalized.
The client’s primary concern was to ensure that they had adequate funds for their children’s future. They were also looking for an advisor to guide them through their financial planning journey.
The Context
Over a period of 4 years we tackled various challenges with the client’s portfolio, many of which were closely related to their personal life goals as well.
The Problem
The client’s portfolio had to be designed keeping a number of factors into consideration.
Children’s Education – Availability of liquid funds at least one month before the due dates for university fees for a college in USA.
Understanding The Liabilities – The client was receiving ESOPs as a part of her salary. The implications of receiving these had to be gauged.
Property – The client also wanted to invest some money into developing property they owned in a tier-1 city.
Insurance – The client did not know how much cover they required.
Relocation – Moving to Singapore was a part of the client’s agenda. We had to help the client figure out if this move would benefit them.
The Solution
Attention to detail and to the client was the key during the last 4 years.
Children’s Education – We started an SIP in a liquid fund for 50% of the requirement. This ensured that at least half the amount was always available every year. The other 50% was left onto the portfolio, which was constantly reviewed to give the best ROI to the client.
ESOPs – In order to get the indexation benefit, the client was asked to sell ESOPs which had become long-term vesting.
Property – The client was adamant about developing the property despite our recommendation to sell it. We did extensive research and suggested that the client take up a loan and forego the pre-EMI option, option for normal EMIs instead.
Insurance – A simple fix, in order to ensure the client had adequate health cover, we directed them to opt for a ‘plus’ plan instead of their current plan and stick to it.
Relocation – In order to make an informed decision, we analysed all the factors and presented the client with a worst case relocation scenario in terms of tax and savings. Then we added a comparison with their current savings in India to help them take the final call.
The Things That Matter
We relied purely on research and real-world data to provide the client with the best options and suggestions to help them achieve their goals.
A robust portfolio was created, allowing the client to cross multiple financial milestones in tandem with each other.
Constant reviews of every move helped us give the client an advantage by being able to target the right investment channels at the right time.
Value Additions
Did a bonus stripping exercise to help client save taxes on capital gains earned by selling the ESOPs.
Consolidated multiple information viaducts to a single point of contact, making it a seamless and effortless customer experience for the client.
Tactfully addressed all financial queries that the client had.
Most importantly, we gave the client complete peace of mind regarding their financial future.
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About The Client
A divorcee and a single parent with two children, this client has been on our roster since 2010, shortly after the divorce was formalized.
The client’s primary concern was to ensure that they had adequate funds for their children’s future. They were also looking for an advisor to guide them through their financial planning journey.
The Context
Over a period of 4 years we tackled various challenges with the client’s portfolio, many of which were closely related to their personal life goals as well.
The Problem
The client’s portfolio had to be designed keeping a number of factors into consideration.
Children’s Education – Availability of liquid funds at least one month before the due dates for university fees for a college in USA.
Understanding The Liabilities – The client was receiving ESOPs as a part of her salary. The implications of receiving these had to be gauged.
Property – The client also wanted to invest some money into developing property they owned in a tier-1 city.
Insurance – The client did not know how much cover they required.
Relocation – Moving to Singapore was a part of the client’s agenda. We had to help the client figure out if this move would benefit them.
The Solution
Attention to detail and to the client was the key during the last 4 years.
Children’s Education – We started an SIP in a liquid fund for 50% of the requirement. This ensured that at least half the amount was always available every year. The other 50% was left onto the portfolio, which was constantly reviewed to give the best ROI to the client.
ESOPs – In order to get the indexation benefit, the client was asked to sell ESOPs which had become long-term vesting.
Property – The client was adamant about developing the property despite our recommendation to sell it. We did extensive research and suggested that the client take up a loan and forego the pre-EMI option, option for normal EMIs instead.
Insurance – A simple fix, in order to ensure the client had adequate health cover, we directed them to opt for a ‘plus’ plan instead of their current plan and stick to it.
Relocation – In order to make an informed decision, we analysed all the factors and presented the client with a worst case relocation scenario in terms of tax and savings. Then we added a comparison with their current savings in India to help them take the final call.
The Things That Matter
We relied purely on research and real-world data to provide the client with the best options and suggestions to help them achieve their goals.
A robust portfolio was created, allowing the client to cross multiple financial milestones in tandem with each other.
Constant reviews of every move helped us give the client an advantage by being able to target the right investment channels at the right time.
Value Additions
Did a bonus stripping exercise to help client save taxes on capital gains earned by selling the ESOPs.
Consolidated multiple information viaducts to a single point of contact, making it a seamless and effortless customer experience for the client.
Tactfully addressed all financial queries that the client had.
Most importantly, we gave the client complete peace of mind regarding their financial future.
