The content of your character is your choice. Day by day what you choose, what you think and what you do is who you become - Heraclitus
Value Driven Wealth
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Our approach to building wealth for you is based on the following principle
E= Mc² Energy = Mass x Velocity of light². This is Einstein's famous Relativity equation |
From an investment perspective, we figured it out as below
E= Mc² Earnings = Money x Character x Choice
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Engagement Approach
Financial Planning Steps
Step 1: establishing a partnership
A financial planner is your partner through this journey and will work with you to achieve your goals.
The first step in this process is to understand responsibilities, plan accordingly and agree on how decisions will be made throughout the term of the partnership.
The first step in this process is to understand responsibilities, plan accordingly and agree on how decisions will be made throughout the term of the partnership.
STEP 2: SETTING GOALS
In order to reach your goals and achieve your personal ambitions, you need to know where you are today and where you want to be in the future. You need to have a starting point and an ending point, the time frame and an estimated cost.
Your list of future goals needs to be small actionable list of items say about 4 to 6 at best.
Once you have your "family's goal list" identified, you can begin converting your dreams into financial goals by making them specific and measurable with a date and price. Remember to prioritize goals depending on your current stage of life
Your list of future goals needs to be small actionable list of items say about 4 to 6 at best.
Once you have your "family's goal list" identified, you can begin converting your dreams into financial goals by making them specific and measurable with a date and price. Remember to prioritize goals depending on your current stage of life
STEP 2: ANALYSIS AND EVALUATION
Analysis and evaluation are keys to any successful financial plan. Throughout this partnership, we assess your current financial situation and determine how to accomplish your goals. Depending on requirements, these assessments include analyzing your assets, liabilities in cash flow, insurance coverage and investments or tax strategies (if relevant) and your risk tolerance as well.
STEP 3: RECOMMENDATIONS AND ALTERNATIVES
Based on your goals, we go step-by-step through a plan to help you understand each financial recommendation in order to make a clear decision. Listening and understanding your concerns is crucial to suggesting the right alternatives where required.
STEP 4: IMPLEMENTING RECOMMENDATIONS
Once these recommendations have been implemented, we will be your coach to suitably coordinate with other trusted professionals such as: accountants, stockbrokers, attorneys, notaries or trust managers to ensure smooth implementation.
STEP 5: MONITORING RECOMMENDATIONS
Life events and situations can change in the future, as a result ongoing monitoring is also crucial to achieving results and meeting financial goals. During this step, both you and the financial planner will assess, report, review and modify or adjust recommendations as required on a periodic basis.
How we differ?
Traditional Brokerage centered Model |
DHANAYOGA Advisory centered Model |
Agent / Broker / Company Salesman pushing proprietary products |
Advisor, providing professional & independent/unbiased guidance |
Compensated largely on opaque commissions |
Compensated predominantly on transparent fees |
Narrow range of often overpriced, low-quality in-house (or) monopolistic investment products |
Wide variety of competitively-priced, high-quality third-party investment products across multi-asset classes |
Single entrenched vendor often equals higher prices, poor service |
Multiple competing vendors often equals lower prices, great personalized service |
Often beholden to corporate agenda, target driven |
Independent-minded, client-centered |
Cutthroat aggressive and pushy sales culture |
Collaborative advisor culture, customized to your family specific needs |
Shrinking |
Growing |