So many people tell me, write to me…..saying ‘I agree we should do something about our retirement’ but rarely follow up on their words! So many people in their late 20s and early 30s KNOW that they have to save, invest, etc for their own lives and their children’s lives. They read up good websites, […]
Recently we heard of Suchitra Krishnamurthy taking her advisor Hsbc to court over her funds being poorly managed. She may or may not win the case, but what is the learning for celebrities (and us too!!) from SK’s case? What could she have done differently if there was a second time around? Well here are […]
I have done this post many times in the past…here is one more attempt. When you require a PERSONAL FINANCIAL ADVISOR, you are looking for a fee only personal finance advisor. Let us see who are NOTÂ pfas: 1. Your bank relationship manager: He is a paid employee who has sales target. Remember, I have […]
Was speaking to a senior person in the life insurance business. Interesting times indeed. Sales are down, and you think ulips are not selling? You gotta be wrong. This company has appointed a big National Distributor to sell their products. Obviously they are selling wrong. Clients signatures are forged, signatures are ‘photoshopped’ on the form, […]
Let us see what your banker says…..and how you should interpret it… It is not easy being a layman today! The amount of ‘advise’ that is dumped on you is stunning. Advise on where to travel, when to travel, how to reduce weight, how to impress your girlfriend / wife / boss/ …, grow your […]
You talk to any HNI and he will tell you ‘OMG ..my relationship manager made me do this’…and then they start bashing the poor kid. The relationship manager in the bank is the foot soldier who meets the customer and tries to get revenue for the bank or brokerage house… What is his role (as […]