Certified Financial Planner, as the name suggests, is a professional certification provided by Financial Planning Standards Board of India to those who are deemed to be fit to provide financial planning services to individuals and or organizations.
CFP works with the individual and/or organizations to meet the short term and long term financial goals. Certified Financial Planner India has a good command of investments and security planning, estate planning, tax planning, employee benefits planning & insurance planning.
Certified Financial Planners are like skippers on a ship. When planning a trip from point A to B point the skipper considered all the variable risk of the journey. They continually recheck the position make correction all the way to ensure the ship stays on course.
Certified Financial Planner will help you to fill the gap between where you are today and where you want to be tomorrow or in near future and help you assess and manage the risk along the way.
He has thorough knowledge in the following areas:
Hence, to avail any or all of the above services, you can get in touch with CFP for financial planning services.
CFP covers your financial status 360 degrees, understand your goals, sense your current financial scenario and help you achieving our long and short term goals – be it your retirement, your wards marriage or education of your children.
Certified Financial Planner has a broader, deeper knowledge of money management. This is especially true when it comes to complicated money matters like investment & taxes.
If you need help with investing and other financial planning, Certified Financial Planner is your one stop solution.
Another advantage of the Certified Financial Planner is that he /she can save your time. While you will not meet periodically to talk about your goals and where your investment stands, your planner will be responsible for things like periodically rebalancing your investments.
If you are busy, then you can have your detailed plan online as well. You can avail financial planning services online by providing the required information – your goals, your investments, property details and income.
Certified Financial Planner adds value to your portfolio:
In addition to Certified Financial Planner, there are other similar certifications awarded by prestigious institutions.
Being similar, individuals are often confused whom to go for money related advice.
A CPA is an expert in accounting, auditing and taxation. So if you want any expert advice related to these topics, CPA is a best person you should go for.
Financial Risk Management deals with quantifying & managing the risks associated with a firm, such as credit risk, market risk, operational risk, enterprise risk, investment risk, etc. Risk management is very important in all the sectors owing to the necessity of taking calculated risks in any business.
Chartered Financial Analyst are the experts in financial analysis and investing. However, if you want to have your financial plan ready, including the investments to make sure that your goals are funded accordingly, you should consult a certified financial planner.
CPA, FRM, CFA and CFP are no doubts, the expert in their respective fields. However, when it comes to personalized financial planning and wealth management, Certified Financial Planners can provide one-stop solution. He will help you in rebalancing your investment, analyzing your current financial status & find out the potential problem that may occur in near future.