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Domestic
Individual Investors : |
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At Burgeon
Wealth Advisors, we believe that in order to
achieve one’s life goals, he should follow
a systematic and disciplined process of savings,
investments, risk management, legacy planning
and lifestyle over the long term. We help encapsulate
all of these aspects in a well constructed roadmap
in the shape of a financial plan. |
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We begin by
listening to our clients, understanding their
current financial profile, long-term financial
goals, and creating a financial plan that best
meets their needs. It would entail finding answers
to questions like those given below: |
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| ASSESSING
PRESENT FINANCIAL SITUATION |
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1. |
Do
you have a clear picture of your goals and
dreams? |
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2. |
Have
you written out your financial goals? |
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3. |
Have
you quantified them? |
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4. |
Are
you comfortable with your present financial
situation? |
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5. |
Are
you keeping track of your cash flow? |
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6. |
Are
you managing your cash flow for liquidity,
long term returns or safety? |
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7. |
What
are your current investments? |
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What
are your wealth accumulation goals? |
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Buying
a second home or a vacation home |
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Better lifestyle
or comforts for you and your family |
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Starting
or expanding your business |
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Other family
related goals |
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How
do your current investments support your accumulation
goals? |
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What
has been your approach to: |
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Risk Management |
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Risk tolerance |
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Various asset
classes such as equities, debt, commodities etc |
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Immunization
and Diversification |
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1. |
How
might unforeseen events impact your family's goals? |
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2. |
Have you
provided for your dependants? |
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3. |
Are you prepared
for unforeseen expenses due to |
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Illness
and more importantly the unfortunate occurrence
of long-term illness or critical illness |
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Accident |
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Disability |
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4. |
What has
been your approach to |
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Life
insurance |
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Home
insurance |
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Health
Insurance |
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5. |
Are you keeping
track of your cash flow? |
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6. |
Are you managing
your cash flow for liquidity, long term returns
or safety? |
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7. |
What are
your current investments? |
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1. |
How
do you manage your taxes? |
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2. |
Do you understand
how current tax laws apply to you? |
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3. |
Are you eligible
for specific tax deduction |
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4. |
Have you
taken advantage of all provisions under Income
Tax Act? |
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1. |
Have
you decided upon a plan for your assets after
you pass on? |
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2. |
Have you
written out your will or created a trust? |
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3. |
What purpose
you want your legacy to serve? |
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Life
insurance |
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Home
insurance |
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Health
Insurance |
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4. |
Will your
current plan let you achieve these goals? |
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We
follow a six step advisory process : |
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Advisory
Process : |
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Brainstorming
session on Life Goals |
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Identify and quantify life
goals |
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Detail current personal &
financial situation |
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Identify
and Assess Key Issues |
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Evaluate current financial
position |
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Review wealth creation, retirement
estate planning |
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Review tax structures e.g.
individual, family offices & private
companies |
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Analysis
& Planning |
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Assess financial strategy
options to meet goals gap analysis |
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Assess financial strategy
options to meet goals gap analysis |
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The
Burgeon Financial Road Map |
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Tailored financial strategies
to achieve stated goals |
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Detail recommended asset
allocation & investments |
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Wealth creation & estate
planning advise to protect wealth |
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Strategy
Presentation & Implementation |
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Strategies & rationale
discussed |
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Wealth Manager facilitates
the implementation of all recommendations |
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Review
and Tune-up |
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Review progress towards achieving
lifestyle goals |
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Review appropriateness of
asset allocation & investments |
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Re-balance portfolio to bring
it in line with appropriate asset allocation
as per your risk profile |
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Review new goals |
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In our experience, NRIs have their
own set of concerns & investment goals which are not identical
with those of domestic investors. |
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Concern over who will
handle your money in India |
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What investment alternatives you
have as NRIs are not allowed to invest in all
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investment products that a domestic
investor can invest in |
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What communication channels are
in place to keep you apprised on your investments
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once you’re back to your
present country of residence |
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How will your assets such as real
estate be looked after once you’re back
to your |
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present country of residence |
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What are the tax implications of
your investments in India |
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What money transfer & repatriation
rules apply to you |
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Assistance in wealth & asset
transfer from your ancestors to you |
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Assistance in procuring life, general
and health insurance for you as well as to your
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parents |
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Know
More...... |
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Private
Corporations |
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Services we provide
to Private Corporations are : |
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Treasury Management |
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Loans |
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Working Capital Loans |
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Term Loans |
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Promoter Financing |
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Loan Against Shares |
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Lease Rental Discounting |
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Fund Raising &
Capital Injection |
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IPO |
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Assist in procuring
Carbon Credits |
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Employer - Employee
Insurance |
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Assist in procuring
General Insurance: Fire, Flood Insurance, Auto etc |
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Public
Enterprises : |
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Services we provide
to Public Enterprises are : |
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Treasury |
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Carbon Credits |
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NGOs need to follow a strict
investment policy for funding that it gets. We provide assistance
in the following areas : |
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Assistance in constructing
an appropriate investment policy document |
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Managing the portfolio in strict adherence
to the investment policy by a prudent mix of equities
& Fixed Income products. |
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Ongoing research, monitoring and re-balancing
of these portfolios |
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Assistance in tax filing |
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We assist in formation of
Trusts |
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Trusts & Societies need to follow
a strict investment policy for funding that it gets.
We provide |
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assistance in managing the portfolio
in strict adherence to the investment policy by a prudent
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mix of equities & Fixed Income products |
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Trusts need to adhere to strict discipline
as their fiduciary responsibility in managing the |
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investment portfolio. We provide this
assistance |
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Frequently, decision making has legal
ramifications, we assist in this process. |
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Estate Planning
and Trust Services are a means to an end. These services
play an integral role in clarifying the modalities of transfer
of family values as well as assets from one generation to
the next. They also provide appropriate vehicles with which
these objectives can be established. Our Private Wealth
Advisory teams consult with clients and their legal advisors
to ensure that the clients' financial and estate planning
objectives complement their desired goals and vision for
building a family legacy. |
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SUCCESSION
PLANNING AND TRUST MANAGEMENT SERVICES (SPTMS)
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Services offered through tie-ups with
Leading Law Firms (LLF) |
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Offer end to end
solutions - structuring of the trust to achieve settlers
objectives, initiate |
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registration of
trust, opening of bank accounts followed by day to
day management of the trust |
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investment portfolio. We provide this
assistance |
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Objectives addressed
are Succession Planning, Prudent management of Investments,
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Executing Charitable intentions/Philanthropic
activities, Education of next of kin, Medical |
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expenses, Marriage, Holiday expenses,
Foster care, etc. |
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| SPTMS
– ADDITIONAL BENEFITS |
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Persons contemplating a 'Will' but are
ignorant of the trust route as an alternative |
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Persons in business looking for 'Bankruptcy
Remoteness' |
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NRIs having assets in India but no one
to actively administer the assets, or even if they have
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family / friends but require professionals
to administer them |
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Someone wanting
to have different set of beneficiaries for separate
'pool' of assets (not |
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necessarily only separate class of assets) |
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Someone who wishes to maintain 'confidentiality'
of his financial transaction |
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A person who runs
a medium / large scale business but does not have
a clear successor to run |
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the business, he may look at a professional
entity to help him find one once he has passed on |
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Someone who is looking
at a ring fenced mechanism to be able to take risks
for aggressive |
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growth in business, but at the same time
'secure' the future of next generation, through a life
goals plan and others |
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Unmarried professional/
businessmen relocating abroad and leaving behind significant
assets in |
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India with no one to manage the administrative
aspects |
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A watertight structure to provide for
a 'foster child' or 'special child' |
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| SPTMS
– ADMINISTRATIVE SCOPE |
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| As a Trustee LLFs
can initiate the following administrative process for
operation of the Trust: |
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Obtaining the Permanent Account Number
(PAN) for the Trust |
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Opening various accounts for the Trust
(Bank, Demat, Broker, Custody, Portfolio Manager) |
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Initiating the process of transferring
the assets (cash / securities / other assets) to the
Trust |
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Evaluation and appointment of portfolio
managers for the trust |
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Transfer cash to Portfolio Managers for
undertaking investments and obtain reports from them
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on monthly basis |
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Undertake the regulatory
compliances with respect to the Trust like maintaining
of accounts, |
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audit of accounts, filing of income tax
returns etc |
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