In this fast-paced era, we all dream and strive to achieve financial independence and wellness. However, the absence of adequate knowledge and comprehension of finance impels one to face a financial crisis, despite having sufficient resources. The hectic schedules and the complexities revolving around finance never prompt an individual to seek the expertise of a certified professional who can act as their beacon light.
Consequently, shunning the traditional routes of finance planning, technology has overtaken the finance domain and offered unparalleled convenience and services. While individuals were prone to risks of being ripped off or receiving biassed financial advice through professionals, the story is quite the opposite with digital platforms. These platforms or financial advisory institutions craft a financial plan that covers the investment segment and crucial domains, such as Tax planning, emergency funds, etc.
Ultimately, individuals are backed from all angles and channel their focus toward implementing the expert advice these professionals advocate rather than brooding upon its legitimacy.
Asset management is one aspect that an individual may adequately manage; however, liability management requisites the proficiency of a certified financial planner. These certified professionals perceive an individual’s financial habits and personality and post meticulous consideration of an individual’s financial goals; they formulate an unbiased financial plan. A few benefits of financial advisory services through digital platforms are as follows.
- Customised Financial Planning
Several digital platforms and financial advisory institutions would offer you a widely accepted financial plan that sounds balanced. However, finance advisory institutions, such as 1 Finance, Fintoo, etc., go beyond the ordinary and offer customised financial plans. This financial plan is based on careful consideration of your financial goals, capacity toward risk, market trends, etc.
- Expert Consultation
You would find several channels and individuals who sell financial products, as there are an array of financial products in the market. Ultimately, there is no assurance that the individual you rely on for guidance is a certified and proven expert in the field. Through platforms or institutions, such as Dezerv, your concerns are placed in the hands of an individual who is a registered and certified financial planner or a chartered wealth manager. This factor instils a higher degree of trust among an individual and the seeds of hope toward achieving financial well-being in the long run.
- Quarterly Reviews & Guidance
Laying out an impeccable financial plan and following the signposts of the same are two different sides of a coin. At times, individuals may find themselves in a muddle with nowhere to turn. Consequently, they can avail quarterly reviews of their progress so far with their dedicated, certified expert who can help them keep track and suggest alternatives in the event of some anomaly. Additionally, the guidance preached is not limited to a short period; rather, through these platforms or institutions, an individual can request guidance occasionally.
While there are several known finance advisory services platforms, institutions, such as 1 Finance, that adopt a professional pathway toward an individual’s personal financial planning. Their distinctive and patented assessment tool, MoneySign™, helps to analyse an individual’s financial personality, which plays a deciding role in providing hyper-personalised recommendations.