Plansmart Financial Consultants
PlanSmart is a financial advisory firm headed by Moiz Choolawala who is a SEBI Registered Investment Advisor (RIA) and FPB certified Associate Financial Planner, and one of the leading financial consultants in Mumbai. With us, you get thoroughly researched and trustworthy advise on wealth creation, the best mutual funds, stocks, gold, insurance, etc. to support your financial planning. No matter how complex your portfolio is, we help you navigate towards reaching your financial goals.
I just started with them because it was started by my friend Moiz because of our relationship, but now after 4 and ½ years it is more clearly a professional relationship with them as a client rather then just as a friend, they have been able to guide me through different financial and tax options i.e. in a way making my life simple.
They do not just assist me in managing my finance but also assist me to plan for my future goals like marriage,purchase of home,etc.
I have known Moiz personally as a friend. But this is not a reason enough to entrust someone to look after your finances. It took me quite some time to take a back seat after handing him the responsibility of the little money that I have saved in 1.5 years of my career. Initially, it was a small chuck of money that I asked him to invest in the Stock market just to take a litmus test. I must admit, he helped my money grow to the target that I had set. Now I do not venture into any investments without his advice. I can confidently say that had it not been for his advice, today, my money would have at the most been locked up in some FD. It has been years now for our business relationship.
We follow a strict code of conduct that means unless we sit down and get to know our clients, we will not give the advice they need.
This is learning your attitude to risk, ethical investments and your financial concerns like what happens if you fall ill and can't work or will your partner and family have enough money to survive should you die.
This is where clients sit down with us and discuss the figures. Goals are no good if performance can't be measured against them, so your hopes are turned in to realistic and achievable amounts of money within a given time frame.
This is where we work our magic, because from previous meetings, we know you, your financial objectives and your attitude towards money and investments.
Here we will draw up a bespoke strategy for you and then sit down with you to discuss the options.
Once you have a financial strategy in place, the worst thing you can do is just leave it sitting there. Here we will build in to the strategy a regular review meeting to measure performance.