Fee-Only Financial Planner in Bangalore

Why BasuNivesh Fee Only Financial Planners?

At Basunivesh, we redefine financial planning beyond traditional product purchases like Life Insurance and Mutual Funds to a comprehensive process crafted to guide informed decisions and goal achievement.

With trust as our foundation, we stand out in a saturated market of advisers, distinguished by our SEBI-registered Fixed Fee-Only Financial Planning service, fortified by over 15 years of experience and the globally recognized Certified Financial Planner (CFP) certification.

Our commitment extends beyond services to financial education through BasuNivesh, our acclaimed blog that ranks among India’s top 10 personal finance platforms, featuring over 1000+ articles on diverse financial topics. We merge expertise, ethics, and education to empower our clients toward financial success.

Our Commitment

What matters a lot when you hire a Financial Planner?

In the realm of financial planning, the key is not just in selecting the right products but in making informed decisions that align with your life goals. Trust and professionalism stand at the core of our services. With SEBI’s RIA Regulations paving the way, we, as a SEBI-registered Fixed Fee-Only Financial Planner, offer transparency and over 15 years of expertise backed by a globally recognized CFP certification.

Trust

Trust is the foundation of financial security. Navigating a landscape cluttered with self-proclaimed financial advisors requires discernment. With the introduction of SEBI RIA Regulations, we are now positioned to offer Fixed Fee-Only Financial Planning services that align purely with your interests, ensuring an unbiased pathway to your financial goals.

Experience

As a SEBI-registered Fixed Fee-Only Financial Planner, we bring over 15 years of experience and the globally esteemed Certified Financial Planner (CFP) certification to the table. Our commitment lies in delivering ethical and professional financial planning services, tailored to meet the unique needs and aspirations of our clients.

Client-Centric

For over a decade, our platform, BasuNivesh, has been a leading voice in personal finance, consistently ranking among India’s top 10 personal finance blogs. With a repository of more than 1000+ articles, we are dedicated to empowering individuals with the knowledge and insights needed to navigate various aspects of personal finance. We invite you to join us on this path to financial independence.

Our Services

What qualities do we seek in our clients?

We believe in simplifying the financial planning process for our clients so our approach focuses on delivering straightforward and cost-effective solutions that yield long-term benefits. Through our guidance, you’ll gain insights into low-cost index investments and uncomplicated strategies that outperform complex alternatives. We prioritize passive investing, with a significant emphasis on Index Funds for equity, to mitigate risks, avoid common investment pitfalls, and achieve financial freedom effortlessly.

Therefore, we are eager to associate with clients who possess the following qualities.

1) They must have a long-term vision rather than focusing on short-sighted, quick money-making ideas.

2) They must be willing to enhance their personal finance knowledge with the insights we share during the process.

3) They must be eager to ask questions rather than blindly following us; this will naturally turn them into a Do-It-Yourself investor.

4) They should have a clear vision and roadmap for when to disengage with us once they can efficiently manage their own money. We don’t want you to be our clients forever. Our philosophy is: hire a planner, streamline your finances, learn the art of managing your money, and then become your own planner instead of our client. However, if they are unable to manage their money due to their professional and family obligations, we can continue our relationship.

For Resident Indians

Rs. 15,000 /year

Basic

For those whose net worth is less than Rs.1 Cr

Renews at Rs.8,000 only

Risk Profiling

Insurance Planning

Emergency or Liquidity Planning

Cash flow and Net Worth Analysis

Goal based planning and Retirement Planning

Tax efficient investment advice

Debt Management and counselling

Free consultation throughout the year

Quarterly 30 minutes of “Follow Up” meetings

Estimated delivery time 2-3 weeks

Note: Net Worth = Net Assets – (Personal Assets like Gold, Silver or Car + Self-occupied home+ EPF + PPF + SSY)

Rs. 20,000 /year

Advanced

For those whose net worth is more than Rs.1 Cr

Renews at Rs.10,000 only

Risk Profiling

Insurance Planning

Emergency or Liquidity Planning

Cash flow and Net Worth Analysis

Goal based planning and Retirement Planning

Tax efficient investment advice

Debt Management and counselling

Free consultation throughout the year

Quarterly 30 minutes of “Follow Up” meetings

Estimated delivery time 2-3 weeks

Note: Net Worth = Net Assets – (Personal Assets like Gold, Silver or Car + Self-occupied home+ EPF + PPF + SSY)

Rs. 30,000 /year

Do It Yourself (DIY)

For those whose aspire to become their own financial planner

Renews at Rs.15,000 only

All features of “Basic Financial Planning Module”

Three educational sessions of one hour each

a. Importance of Asset Allocation – 1 Hour

b. Portfolio Construction – 1 Hour

c. Tax Planning and Insurance Planning – Hour

Estimated delivery time 3-4 weeks

For Non Resident Indians (NRI’s)

Rs. 20,000 /year

Basic

For those whose net worth is less than Rs.1 Cr

Renews at Rs.10,000 only

Risk Profiling

Insurance Planning

Emergency or Liquidity Planning

Cash flow and Net Worth Analysis

Goal based planning and Retirement Planning

Tax efficient investment advice

Debt Management and counselling

Free consultation throughout the year

Quarterly 30 minutes of “Follow Up” meetings

Estimated delivery time 2-3 weeks

Note: Net Worth = Net Assets – (Personal Assets like Gold, Silver or Car + Self-occupied home+ EPF + PPF + SSY)

Rs. 25,000 /year

Advanced

For those whose net worth is more than Rs.1 Cr

Renews at Rs.12,000 only

Risk Profiling

Insurance Planning

Emergency or Liquidity Planning

Cash flow and Net Worth Analysis

Goal based planning and Retirement Planning

Tax efficient investment advice

Debt Management and counselling

Free consultation throughout the year

Quarterly 30 minutes of “Follow Up” meetings

Estimated delivery time 2-3 weeks

Note: Net Worth = Net Assets – (Personal Assets like Gold, Silver or Car + Self-occupied home+ EPF + PPF + SSY)

Rs. 35,000 /year

Do It Yourself (DIY)

For those whose aspire to become their own financial planner

Renews at Rs.18,000 only

All features of “Basic Financial Planning Module”

Three educational sessions of one hour each

a. Importance of Asset Allocation – 1 Hour

b. Portfolio Construction – 1 Hour

c. Tax Planning and Insurance Planning – Hour

Estimated delivery time 3-4 weeks

Our Process

Our 5-Step Financial Planning Process.

Designed to provide you with a clear and structured approach to achieving your financial goals. By following these steps, we ensure that every aspect of your financial life is carefully considered and appropriately addressed.

Please contact us through the “Contact Us” page on our website. Alternatively, you can email us at [email protected] or send a WhatsApp message to +91 6361835871.

Once we identify a mutually convenient time, we will schedule a Google Meeting. This meeting will last no longer than 30 minutes. During this session, we will focus on understanding your requirements, introducing our Goal-Based Financial Planning Approach, and outlining the subsequent steps we will undertake.

Note – As this is an introduction meeting, we will not charge any fee for this meeting.

Once the process and fee are agreed upon, we will provide you with two documents:

Client Engagement Letter: This formal letter of engagement is required by SEBI Regulations. Please print, sign, and email us a scanned copy once you agree to the terms.

Client Questionnaire: This Excel template requires details about your current financial status, including family information, goals, assets, liabilities, income, expenses, and risk tolerance.

Additionally, please make the full payment using the provided bank or UPI details. After receiving the signed “Client Engagement Letter,” KYC documents, and the completed “Client Questionnaire,” we will schedule a 30-minute follow-up meeting to review your data and address any queries.

This process comprises three key steps: Education, Planning, and Execution.

Education (DIY Module): We provide three one-hour sessions. The first covers asset allocation and its importance. The second focuses on financial products and portfolio building. The third addresses insurance planning and tax strategies.

Planning: We then prepare a comprehensive financial plan based on your data, typically within 1-2 weeks.

Execution: Review the plan thoroughly and compile any questions. In a follow-up one-hour meeting, we will address your queries. You are responsible for implementing the plan, with our support available as needed.

We will schedule a 30-minute follow-up meeting every three months after our initial planning discussion to understand your evolving needs and address any questions or concerns. Throughout our engagement, we plan three follow-up calls specifically to support implementation-related challenges, though these are not intended for portfolio reviews.

Additionally, please feel free to reach out at any time during the year with any doubts, inquiries, or changes to your financial situation. We are here to assist you whenever needed.

Our process includes an annual review of your financial plan. However, in extraordinary circumstances such as a significant market crash or changes in your financial status, we are open to conducting a mid-year review based on actual need.

Even after delivering the financial plan, you can reach out at any time during the one-year engagement period to discuss personal finance, investing, or your financial planning.

If your financial or life situation changes and requires plan modifications, we are more than willing to hold additional sessions to accommodate these adjustments. Your evolving needs are our priority.

Introduction

Planning Process

Engagement

Follow Up

Review

Watch

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Frequently Asked Question

Find answers to common queries regarding our professional financial planning services and the insights we offer through BasuNivesh. Our aim is to provide clarity and support as you navigate your financial planning journey with us.

Which Language Do You Speak?

I am fluent in Kannada, Hindi and English. Hence, I can interact with any of these three languages as per your comfort.

What Is The Mode Of Contact?

Our all meetings will be through online mode (preferably Google Meeting). However, if you are from Bangalore and willing to meet personally, then we can schedule physical meeting based on both of our convenient day and time.

Do You Work In The City Or Country Where I Reside?

I am currently located in Bangalore, India. However, with the advancement in connectivity like online meetings (audio and video) and email communication, we can easily connect across globe. Hence, distance is not a barrier in opting for service. I have existing clients across India and globe.

Since How Long You Are Into This Industry?

I am in this industry since 15 years. However, to know more about my journey and achievements, you can refer “About Us” page.

Do You Offer Crypto Currency, Direct Equity Or Stocks Advice?

As I don’t research on Crypto Currency or direct stocks, I will not advice on them. When it comes to equity, my recommendation revolves around equity mutual funds (majorly in Index Funds).

Do You Advice On Real Estate And Gold?

As I do a goal based planning, I do consider real estate and gold as an asset classes in the financial plan if you want same for self-consumption.
However, real estate investment is currently not fully regulated in India. Hence, the returns from real estate investment is difficult to predict. At the same time, considering the real estate for self-consumption involves hefty tax and hence I stay out of it.
In case of gold, past 100 years’ data shows that it is highly volatile asset like equity but returns are like debt instruments. (Refer the various articles I have written on Gold.)
Hence, I avoid recommending in gold.

Do You Review Our Existing Investment Portfolio And Insurance Products?

Yes, I do review of your existing portfolio and recommend you to align to your financial goals. After the review, I provide specific recommendations like continuing or stopping.

Do You Provide Income Tax Filing Service?

Tax Planning is a part of financial planning. However, I will not provide any tax filing kind of service. Even in case of tax planning, if I came across the complexity, then I suggest you to take the help of expert CA.

How Often I Can Connect With You?

I follow the yearly review process. However, during the engagement, if you came across any doubts or questions, you can always approach me (with prior intimation and scheduling a meeting).
At the same time, if there is any change in the strategy or the product I suggested (due to certain circumstances which are beyond prediction), then I will come forward and suggest you such changes.