The document outlines the contents of a basic financial plan, including statements of financial objectives and assumptions, an analysis of the client's net worth, liquidity, liabilities, insurance needs, capital and retirement needs, and investment planning, along with worksheets on asset allocation and cash flow. It provides recommendations to the client based on their risk profile in these key areas.
The document outlines the contents of a basic financial plan, including statements of financial objectives and assumptions, an analysis of the client's net worth, liquidity, liabilities, insurance needs, capital and retirement needs, and investment planning, along with worksheets on asset allocation and cash flow. It provides recommendations to the client based on their risk profile in these key areas.
The document outlines the contents of a basic financial plan, including statements of financial objectives and assumptions, an analysis of the client's net worth, liquidity, liabilities, insurance needs, capital and retirement needs, and investment planning, along with worksheets on asset allocation and cash flow. It provides recommendations to the client based on their risk profile in these key areas.
The document outlines the contents of a basic financial plan, including statements of financial objectives and assumptions, an analysis of the client's net worth, liquidity, liabilities, insurance needs, capital and retirement needs, and investment planning, along with worksheets on asset allocation and cash flow. It provides recommendations to the client based on their risk profile in these key areas.
1. Statement of Financial Objectives 1.1. Desired short-term & long-term objectives of the client. 2. Assumptions in making the financial plan 2.1. Qualitative & Quantitative assumptions made during preparation of the plan. 3. Brief Analysis and Recommendations based on risk profile of the client w.r.t 3.1. Net Worth and Liquidity Emergency fund requirements 3.2. Liabilities Suggestions w.r.t home loans / car loans 3.3. Insurance Life & General Insurance - Health 3.4. Capital & Retirement Needs Saving required to meet capital and retirement needs. 3.5. Investment Planning includes existing & recommended asset allocation. 4. Worksheets 4.1. Asset Allocation 4.2. Cashflow Statement Annual