Our experience with investors has been that it is difficult to follow disciplined investing when you have work, family and societal commitments. It is possible to take some steps based on advice from family and friends and publicly available information but this is unlikely to lead to timely executions. A professional advisor will work with you to understand your needs, aspirations and relationship with money and create a holistic plan. He/she will also have the qualifications, resources and processes to deliver value which is very difficult to create in an informal setup.
Yes, BM Fiscal is one of the few firms in Pune to register with SEBI and got the RIA license . BM Fiscal strictly follows all the required compliances directed by SEBI. Once a year we also carry internal audits done by a indipendent external audit firm.
Yes, your information is secure and confidential with BM Fiscal. Unless required by law, we do not share your information amongst clients or external entities. We limit the access to your information internally on a need to know basis. In wealth management business it is extremly important for us to maintain confidentiality for our clients.
You should always have asset diversification even if one asset class has done well for you. The perceived lower risk in Real Estate and Gold investments is not accurate. Daily prices are not available in Real Estate to determine short term price movement and these investments can be illiquid. Gold is considered as non-productive asset and should have some allocation for inflation hedge. Long term returns on equity market are higher than real estate and gold returns.
Fixed Deposits, while safer investment instruments, do carry some risk. Banks are liable to pay a maximum amount of Rs. 1 lakh, in case of a default. However, we have not recorded any default from a bank yet. Fixed Deposits are inefficient from both inflation- adjusted returns and tax incidence point of view. When you invest in the market with appropriate risk profile for capital preservation then the chances of losing your capital are minimal.