The ultimate aim of any modern corporate is growth with profit maximization. Growth is the first and foremost characteristic of nature and its products which include modern societies with all their industrial, agricultural and service sectors and above all the research organizations to cater to the needs of primary, secondary and tertiary sectors. Governed by the laws of the universe and nature, societies, markets and above all human life are in the constant churn of development in the realm of creativity and innovativeness.

The richer one gets; the less sure one becomes of his investments. The options for savings have multiplied today. There are about 700-plus mutual fund schemes to choose from. This definitely adds to the confusion. The need of the hour is more informed investment decisions.

One must have implemented an investment plan to grow his/her assets. But how will he/she protect and distribute them in future? As personal net worth increases, the financial issues and challenges become increasingly complex. Protecting and distributing one’s assets with maximum tax advantages requires sophisticated planning strategies and professional advice.

Whatever be one’s investible surplus, expert help always counts. For advice on tax-related matters one should go to a Chartered Accountant. After having decided on the insurance policy, one should seek the advice of an insurance agent. For any investment-related advice, one has to go to a Chartered Financial Planner CFP) or a Wealth Manager (WM), and if one possesses a heavy portfolio he/she should go to the portfolio manager.

The basic idea of wealth management is to help the individual investors get a complete perspective on their wealth. A wealth manager is more objective. He first analyzes one’s portfolio, finds out the long and short-term goals of the investor and decides on the asset mix that will fetch the best desired returns given the investor’s risk profile.

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