1. Please tell me about the financial planning process.
You will get to know that in detail though our tab “How we Work”
2. Sounds like a lot of work!
It may seem like that at first, but the good news is, if you follow your plan and maintain a disciplined approach, you can rest well knowing you can reach your stated goals. At Modern Munshi, we make simple & easy to follow for you. In addition to receiving professional advice on your most important financial concerns, we also provide implementation advice.
3. Who can benefit most from your services?
Any individual seeking financial peace of mind can benefit from our services. We serve people at all income levels, from all walks of life. Clients have the flexibility to work with us on either a one-time, as-needed basis or an ongoing basis.
4. What is “Fee-Based” financial planning and why should that be important to me?
Because we are Fee-Only financial planners, all conflicts of interest regarding compensation are removed. We do not work for product sales because we don’t have financial targets from our vendors ; we work solely for our clients. Because we do not , third-party relationships do not influence to color our thinking and financial recommendations.
5. I understand the benefits of working with a Fee-Only financial planner, but I might need to obtain financial products. How will I be able to do that?
Your Financial Plan will include specific recommendations and opinions regarding the purchase of the various financial products that may be appropriate for you. So, if you need to obtain an insurance policy or a new mortgage, invest into a portfolio of mutual funds, or find an estate planning attorney or tax professional, we can direct you to the resources you need and/or help you obtain these products and services. If appropriate, we can also help you implement your plan and set up your accounts. However there is no compulsion to transact through u.
6. Does Modern Munshi Securities provide only comprehensive financial planning?
We Encourage people to go for comprehensive for its effectiveness. Therefore we can undertake Goal based planning, the service structure will differ.
7. My spouse and I are just beginning to build for our financial future. There is so much to learn! We need help and guidance to get started. Will you accept us as clients?
Yes. Some firms have income levels and/or net worth minimums but, at Modern Munshi , we realize that everyone has financial needs. We are proud to work with people from all income levels, and all walks of life. Remember, “You don’t have to have a fortune to start building one.” Call today and let’s get started.
8. I have already accumulated substantial assets and think I am doing quite well. But as I progress and build for the future, things seem to be getting more complicated. I want to be sure I am on track, but I don’t always have the time or inclination to manage the myriad details by myself. Can you help me?
Yes. People who need more sophisticated financial planning or advice will find our services appealing and beneficial. If you have a desire to simplify your financial affairs, and we can keep a track on your behalf.
9. How much will my financial plan cost?
We would appreciate to answer this personally.
10. Once my financial plan is completed, will our relationship end?
After the Financial plan is completed , we have a review meets after every 3 months to assure your financial working. Our fees are inclusive of these review meets for the first yearof the financial plan.
11. Are your fees tax deductible?
No.