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Crederecounsel.org is a comprehensive financial counseling solution that prioritizes trust, integrity, and comprehensive financial guidance for clients.

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Customers Financial Journey Through Time

20s

Accumulation Phase

Savings and Investment Plan i.e. Investment Management
Insurance Plans
Children’s Education Savings Plan
Preparation for Life Changes : Professional, Personal and Financial

30s

Insurance Plans
Investment Management
Children’s Education Savings Plan
Preparation for Life Changes : Professional, Personal and Financial

40s

Preparation Phase

Insurance Plans
Investment Management
Children’s Education Savings Plan
Preparation for Life Changes : Professional, Personal and Financial Retirement Planning

50s

Preparation Phase

Insurance Plans
Investment Management
Children’s Education Savings Plan
Long-term Care Provisioning

60s

Retirement Phase

Retirement Planning
Social Security Contributions
Long-term Care Provisioning
Inheritance Planning

70s

Retirement Phase

Retirement Planning
Long-term Care Provisioning
Inheritance Planning

Customers Financial Journey Through Time

Accumulation Stage

Younger investors have a long time until retirement and can afford to take to make riskier and growth orientated investment decisions

Preparation Stage

Investor in their peak earning years will have a greater capacity to save and invest

Retirement Stage

Retired investors must focus on capital preservation and income to cover lifestyle and medical expenses

Customers Financial Journey Through Time

Accumulation Stage
Preparation Stage
Retirement Stage
Short Term Objectives
Long Term Objectives
Risk Profile
Portfolio Allocation
Appropriate Asset Classes
Cash Flow Profile
Accumulation Stage Preparation Stage Retirement Stage
Short Term Objectives
  • Paying off Student Debt
  • Buying real estate
  • Building emergency savings
  • Taking Vacations
  • Funding for children’s education
  • Achieving desired lifestyle
  • Covering Medical Expenses
Long Term Objectives
  • Saving for children’s education
  • Accumulating wealth
  • Planning for retirement
  • Estate Planning
Risk Profile
  • Aggressive
  • Moderate
  • Conservative
Portfolio Allocation
  • The portfolio is heavily skewed towards equities to generate capital gains
  • The portfolio becomes more balanced as retirement approaches
  • The portfolio shifts towards fixed income to preserve capital and generate steady income
Appropriate Asset Classes
  • Growth stocks
  • High Yield bonds
  • Large Cap Stocks
  • Investment Grade Bonds
  • Dividend Stocks
  • Investment Grade Bonds
  • Money Market Securities
Cash Flow Profile
  • Income < Expenditure
  • Income ~ Expenditure
  • Income > Expenditure

The Offering

Lifetime Financial Plan

It is very clear that over the investor’s lifecycle, the client requires a diverse set of financial services on account of changing risk profile, cash flows profile, and personal circumstances.

That said, the client is best served through a lifetime financial plan, and would mean partnering with the client, through the client’s entire lifetime.

This gives the client comfort that we are standing with the client shoulder to shoulder through the client’s entire lifetime to help them weather the financial journey. In our opinion there is no better way to deliver client value-add and establish credibility with the client.

Wealth Management and Financial Planning are often used interchangeably and interpreted as being the same. There are fundamental differences between the two services, and it is particularly relevant to have absolute clarity, especially since our offering is directly related to Financial Planning. The comparison between Wealth Management and Financial Planning is summarized across six different parameters in the following section.

Wealth Management vs. Financial Planning

Wealth Management

What is it

Opportunity Orientated Personal Financial Management

Objectives

To Preserve & Grow Existing Wealth

For whom

High Networth Investors

Covers

Wealth & Risk Tolerance Assessment, Asset Allocation, Wealth Preservation & Growth Strategy etc.

Type of Management

Active Wealth Management

Decisions are based on

Only on Investment Portfolio

Financial Planning

What is it

Goal Orientated Personal Financial Management

Objectives

Create Wealth & Then Meet Financial Goals

For whom

For Every Individual

Covers

Cash Flow Management, Investment Planning, Tax Planning, Retirement Planning,

Type of Management

Passive Wealth Management

Decisions are based on

On Financial Goals and Time Horizon

Wealth Management

What is it

Opportunity Orientated Personal Financial Management

Objectives

To Preserve & Grow Existing Wealth

For whom

High Networth Investors

Covers

Wealth & Risk Tolerance Assessment, Asset Allocation, Wealth Preservation & Growth Strategy etc.

Type of Management

Active Wealth Management

Decisions are based on

Only on Investment Portfolio

Financial Planning

Decisions are based on

On Financial Goals and Time Horizon

Type of Management

Passive Wealth Management

Covers

Cash Flow Management, Investment Planning, Tax Planning, Retirement Planning,

What is it

Goal Orientated Personal Financial Management

Objectives

Create Wealth & Then Meet Financial Goals

For whom

For Every Individual

The Offering

Lifetime Financial Plan

Financial Planning assesses the client’s current Financial Situation or Circumstances, understands the client’s Financial Goals, and creates a pathway to

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Financial Planning is an ONGOING PROCESS. The key words are that it is PROCESS (not a product) and is ONGOING (not a one-time exercise, but over

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Financial Planning includes Investment Management as one of its six key elements. However, rather than being executed in isolation, it forms part of the overall

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An individual or a family necessarily need to provide for children’s higher education, insurance policies to protect the family in the event of death,

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As mentioned earlier Financial Planning has six elements. However, we would like to make special mention of Debt Management that is

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In order to achieve Financial Clarity, creating a ‘Life Plan’ integrates the client’s Visions, Values And Motivations – all unique to the client and their lifestyle – with their Financial

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Key Elements a Lifetime Financial Plan

Accumulation Stage

Investment Management

Retirement Planning

Estate Planning

Insurance Assessment

Tax Planning

The Financial Planning Process

The Process : Lifetime Financial Plan

Establish and define the Relationship With The Client

Relationship With The Client

Collect the Clients Information

Analyse and assess the Clients Financial Status

Develop the Financial Planning recommendation and present them to the client

Implement the Financial Planning Recommendations