Why should you hire a qualified professional?
Only Advisors approved by the Securities and Exchange Board of India (SEBI) are authorized to provide fee-only holistic investment advice. Arijit Sen is one of the few in India and a handful in Kolkata, registered with SEBI as a Registered Investment Adviser (RIA). It is only after stringent guidelines on education and experience are met that SEBI grants this license. With the fiduciary level of care overseen by SEBI, we use a structured approach to financial planning, risk profiling, documentation, disclosures and transparency. Both of us are Certified Financial Planners.
Lives were quite simple about 30 to 40 years back. There were simpler investment vehicles. Life Insurance products had different meaning and purpose to people. Concept of Health Insurance was at embryonic stage. Small Savings Schemes and Equity markets were accessed by a few. Mutual Fund investment vehicle was not present. Things have changed considerably since then. The income sources of people today have increased. The desires and aspirations have changed directions. To cater to these desires and aspirations, one would need to save and invest money a lot more prudently. People also have become very busy. They are not able to devote time to understand their goals and aspirations. To achieve goals and aspirations, they need to figure out what are the financial strategies they need to consider, what should be the mix of assets they need to have, which financial products would be suitable and for which goal etc. Implementation of the Financial Plan and management of investments are not so easy. The financial markets have matured and are offering a rich variety of choices. Managing own finances has become a lot more complicated now. Google is not the solution to your unique problems in life.
Arijit Sen (Certified Financial Planner & SEBI Registered Investment Adviser)
Uttam Kumar Sen (Certified Financial Planner)
What do we chiefly focus on as professionals?
Considering the above, the complexities in life, hiring an ethical and diligent Financial Advisor becomes necessary.
Hand-held Processes
As Financial Advisor in Kolkata, our focus revolves around you and not financial products as we are not affiliated with any Banks, Mutual Funds or Insurance Companies.
We focus on hand-held financial planning processes towards peace of mind. Your behavior plays pivotal role in your journey towards financial independence. As professionals, we concentrate in understanding our clients and their subjective needs.
Fiduciary Standard of Care
If you are willing to receive unbiased insight views instead of product push, you may hire us. Firstly, we identify your problems/struggles thereafter we suggest customized solutions. Disruptions are complexity of products, investors overlook long-term goals and benefits for short term market volatility. Investors rush to market experts, investment bankers, stock brokers, analysts, mutual fund distributors etc. to find solutions. They believe making money in equity market is very easy and they become traders rather than goal based investors. We, under the banner MERRY MIND, work in the fiduciary capacity for the benefits of our clients. Being fee-only Financial Advisors, we suggest what is good for our clients. Arijit Sen is a Certified Financial Planner & a SEBI Registered Investment Advisor in Kolkata. He abides by the SEBI (Investment Advisers) Regulations, 2013. His Registration No. is INA300012723. Uttam Kumar Sen is a Certified Financial Planner in Kolkata with 34+ years of practical experience in the field of personal finance.
How can we make a difference in your life?
We precisely tell our clients what they need to do differently when it comes to their personal finances. We make clients aware and help them identify their risk taking capacity and willingness to take risk through unique discussion-oriented processes. We’ll make you understand the subtle areas of personal finance and elucidate why the gap exists between your risk taking capacity and willingness to take risk and what needs to be done.
Increased Financial Awareness
We make our clients aware of various parameters of their personal finance which makes them realize common mistakes. Choosing unsuitable or unnecessary investment/insurance products are costly. This depresses your journey towards financial independence. We come across clients who have been sold a completely wrong product by an agent/broker/distributor. As experienced Financial Planners, we are here to help you recoup by taking appropriate steps. Clients come to us with their portfolios which are not in sync with their financial goals. When you come to a professionally qualified Financial Advisors, such mistakes are automatically avoided.
Apart from avoiding blunders, professional Financial Advisors would be able to optimize the choices to clients based on unique requirements, taxation, liquidity needs, time horizon, and intrinsic risk-return scenarios among others. We are conscious of the costs various products impose and help our clients choose the suitable solutions after thorough need-analysis. Also, among products, we put together a bouquet that is specifically relevant to our clients. We assist with reallocating the existing resources properly.
Informed Decision Making Ability
When you are in professional hands, you get back the control of your finances and life. Our clients have the confidence about meeting their goals on stipulated time frames. We ethically intend to provide peace of mind to our clients. This feeling can come only when you know you are in trusted hands. You will feel secure that your investments are properly channelized. You can enjoy life without brooding over financial decisions.
Even-handed & Transparent Advice
From us, you get conflict-free advice. You will have full transparency and thus you can enjoy peace of mind.
We believe in developing goal based investment portfolio based on unique behavior of each individual investor and helps each investor to be prudent and emotionally steady investor.
What one needs to understand is that the Financial Advisor is not trying to maximize returns. We try to put together a portfolio that would suit our clients. However, the risk-reward possibilities are considered before recommending the product(s). It is just that we do not focus on returns alone, unlike product sellers.
Self awareness through knowledge is the key to success. Mostly, investors are not well informed and they become prey of sales pitches. All the problems in the lives of human beings in relation to money are instant gratification. The market is mostly driven by just two emotions, i.e. fear and greed. To get rid of such distractive emotion an individual investor must follow financial goals and not the short term market volatility or market noise.