Category: Directory of Financial Services Providers

Regular readers know that I’m trying to create a directory of financial services providers here, and from time to time I invite financial advisers who have been answering questions on the comments section sincerely to create a profile for themselves. There are presently just 3 profiles on the site, and Jitendra’s is the fourth one.

This number is so low because the profiles are invitation only, and the only way to get an invitation is to answer questions sincerely in the comments section.

With that said, here is Jitendra’s profile.

Jitendra P.S.Solanki, Certified Financial Planner^CM   and IIT-Roorke^  Alumni

Employment Status: Self Employed

Organization: JS Financial Advisors

Blog: www.yourpocketmoney.com

Services Offered: Fee-based Financial Planning, Services on Various Elements of Financial Planning, Consultation including Hourly Fee Based Services.

Email: [email protected]

About:

Jitendra P.S. Solanki is Founder of JS Financial Advisors. A management graduate from IIT Roorkee he has 10 years of experience in financial services and started his venture after becoming a CFP in 2010.

Professional. He is amongst the few financial planners in India who are actually into creating comprehensive financial plan for their clients.

Financial Planning: Is not a rocket science but a very dynamic process which not only provides a direction to financial decisions but also help in accommodating changes in your life easily. The concept has been highly misunderstood by most people which need to be clarified so that Financial Planning is accepted in the right manner. I always believe “More than physical health, financial health is the key to manage your financial well-being”.

Services: JS Financial Advisors specializes in fee based comprehensive financial planning services to people across the globe. For meeting needs of various individuals we also offer services on various elements of financial planning like Retirement,Insurance,Investment, Portfolio Review ,estate Planning and Consulting. Recently we have added hourly based services. One of the niche service we are going to add is Financial planning for families of special children’s in association with my spouse who is a doctor in the concerned area. The services will be announced soon.

Experience:  After completing my MBA from IIT Roorkee , I have been associated with brands like DCB Bank, HDFC Bank,MotilalOswal wealth Management. My last assignment was with a broking outfit KassaFinvest in Delhi as Head –Distribution.

Beyond Financial Planning:

Doing research & analysis of various financial products is my keen interest. I have been been conducting various training programmes for IFAs and Students pursuing CFPs. I was also involved with one of the large AMC for imparting training to their IFAs in northern India on various personal finance topics.

Financial Literacy: I have started www.yourpocketmoney.com to generate awareness on various financial planning issues.  I have been writing numerous articles on my blog to help people understand and take important financial decisions without getting trap in the misseling prevailing in the industry. Also, I have been conducting workshops in various corporates for their employees and have tied up with various institutions to spread financial literacy through such programmes.

Media: I have written numerous articles, case studies and answered queries of readers in various publications to spread financial planning Awareness. Business Bhaskar, Indian Express, Money Mantra Magazine, Rashtriya Sahara are the prominent ones. The details can be viewed at http://www.jsfinancialadvisors.com/js-media.html

Memberships and Association: Currently, I am amember of The Financial Planners’ Guild, India, a professional body of practicing Financial Planners with the motto of creating awareness on Financial Planning among the public.

Fees: I currently charges Rs 12000-15000 for comprehensive financial planning; Rs 1500-6000 for various elements of financial planning and hourly fees for consultancy services is Rs 1000/hr.Fee for niche services will be announced soon.

Regular readers know that I’m trying to create a directory of financial services provider here, and from time to time I invite financial advisers who have been answering questions on the comments section sincerely to create a profile for themselves. There are presently just 2 profiles on the site, and Furqan is the third one.

This number is so low  because the profiles are invitation only, and the only way to get an invitation is to answer questions sincerely in the comments section.

With that said, here is Furqan Qureshi’s profile.

About

Furqan Qureshi has over 20 years experience in the field of Investment and taxation.  He was a practicing Tax Consultant from 1989 till 1994 when he shifted focus to investment advisory.

In 1995 he founded a SEBI registered firm viz FURQAN INVESTMENTS. The object was and is to help clients gain more through various investment avenues that opened up with the liberalization of Indian economy.  In this endeavor his immediate future goal is to equip himself with CFP qualification.

He is a Founder Member of Financial Advisors Association of India (FAAIDA)

An association Financial Advisors formed under the guidance of Mr S Swaminathan of the popular financial portal www.myiris.com.  The objective of the association is to enhance the knowledge and skills of its members. Faaida members are committed to a high level of ethics and professional standards.

He is also a Founder Member of Rahmatiya Educational Trust

A Trust registered in 2005 under the Registrar of Trusts, Thane, Mumbai.

This trust provides educational material and monetary help to poor students.

Our online presence:

• http://www.furqaninvestments.com/
• http://www.visheshnivesh.com/

We are:

• SEBI Authorised Investment Advisors.                (SEBI Regn # INS013434514)
• AMFI Registered Mutual Fund Advisors             (AMFI Regn # 022-002020C)
• IRDA Approved Insurance Advisors                   (IRDA License # 60013046)

 Our Associates:

• Sushil Financial Services Pvt Ltd    (SFSPL)
• UTI  Technology Services Ltd        (UTITSL)

We offer:

Investment Advisory Services:

• Mutual Funds
• Share Broking                                   (Thru SFSPL)
• Authorised PAN Card Services     (Thru UTITSL)
• Portfolio Management Services    (Thru SFSPL)

As I’ve said earlier – I’m trying to create a directory of financial services providers here, and today I’m going to post a profile of another financial adviser – Shiv.

He has been pretty active on the infrastructure bond posts and has been answering questions clearly and honestly, so I invited him to create a profile here.

The post below is in his own words:

Hi my name is Shiv. I am an Independent Financial Advisor and the Proprietor of a Financial Planning & Investment Services firm, Ojas Capital. I’m going to list out my services on this page, and you can use the comments section to ask me any questions that you may have about any of the current Infrastructure Bonds issues or anything else.

 

List of services:

• Edelweiss Broking
• Financial Planning
• Mutual Funds, SIPs
• Tax Solutions
• Investment Planning
• Insurance Planning

 

Contact Number: +91-9811797407

Email Address: [email protected]

Brief Details on Qualifications and Work Experience: CFP, B.Com. (H)

Worked with HSBC & Capital IQ.

Linked In Profile

You can also use the comments section to review my services and let others know about them.

A while ago I wrote about creating a directory of financial services providers here at OneMint, and let me just copy paste what I wrote earlier.

Profiles for financial advisers

I get a lot of emails from people who want to buy bonds, mutual funds, or life insurance but I don’t sell these myself, so have to disappoint people who ask this.

At the same time, there are several financial advisers who comment on the site, and who can help out such people.

The natural thing for OneMint is to bridge the gap between the two, and I’ve decided to give that a shot as well. Financial advisers will be allowed to create profiles on the site where they can create their CV, and allow readers to ask them questions.

The profiles are by invitation only, and the only way to get an invite is to help other readers by answering their questions honestly and sincerely in comments and at the forum. If I feel that this is being done then I’ll invite you, else not.

 

So with that said, I am introducing the first advisor today.

Hemant Beniwal, Certified Financial Planner^{CM                                                                          Â} 

Employment Status: Self Employed

Organization: Ark Financial Planners

Blog: The Financial Literates

Services Offered: Fee-based Financial Planning, Single Element Planning

Email: [email protected]

About: Hemant Beniwal is Director of Ark Primary Advisor Pvt. Ltd., the company he founded to venture his financial planning practice. He entered the Financial Industry as Management Graduate in Finance & grew up to become a Certified Financial Planner(CFP).

Professional. He is amongst the first breed of Financial Planners, a new profession which is in its inception stage in India. Currently there are very few financial planners in India who are actually providing comprehensive financial planning service.

Financial Planning: Hemant believes Financial Planning gives you more clarity in life; it provides direction and meaning to your financial decision. It helps you to provide right balance between your present and future lifestyle. Financial Planner is like the Photographer; although he is not part of the picture but still contribute his skills to make it look good. But in Indian context, the term “Financial Planning” & “Financial Planner” has been misused to sell Financial Products. The planning part is completely overlooked and that adds to confusion. Hemant has dedicated his career in bridging this gap & to provide the real FP services to the clients.

Services: Ark specializes in offering fee based comprehensive financial planning service to Indian families across the globe that include middle level executives, professionals, business owners & NRIs. Recently he has added few other services like basic financial plan, retirement planning, investment planning, estate planning, mutual fund/insurance portfolio review, only consulting etc.

Experience: Prior to setting up the practice in 2009, he worked for 8 years with big Financial Brands & his last assignment was Regional Head Rajasthan with one of the Mutual Fund Company.

Beyond Financial Planning: Apart from developing Financial Plans and guiding clients meet their Financial Goals; he keeps interest in research & analysis of various financial products. He also conducts training programs on Financial Planning & Investment Planning and also regularly trains Financial Advisors. He also coaches candidates pursuing CFP Certification.

Financial Literacy & Mission against Mis-Selling: He runs “The Financial Literates” blog where he regularly writes thought provoking articles & also freely writes against mis-selling. He says “Mis-selling is making new peaks every year and for people it`s very tough to identify what is right or what is wrong. With the agents, even manufacturers are trying to milk naive investors. It is really painful to see when a client is mis-sold for penny benefits. And best way to avoid mis-selling is to get armored with Financial Literacy.” The Financial Literates is a dream & mission to make Indians Financial Literate.

Media: He has written over 100 articles, case studies & Query Section in various publications like Business Bhaskar, Business Standard, Indian Express, Money Mantra Magazine, Nafa-Nuksan etc. He also appeared on Doordarshan’s ‘Money Plant Show’ giving expert views on Retirement & Financial Planning. You can check few of his media articles & videos here.

Memberships and Association: Currently, he is General Secretary of The Financial Planners’ Guild, India, a professional body of practicing Financial Planners with the motto of creating awareness on Financial Planning among the public. He is also member of Financial Planning Association (FPA), USA – FPA is world’s most renowned association of practicing financial planners.

Fees: He currently charges Rs 12000-15000 for comprehensive financial planning; Rs 2500-6000 for single element planning and his hourly fees for consultancy & other services is Rs 1000/hr.

If you would like to use his services you can send him an email at [email protected] – he will let you know the process & fees for your particular requirement. Turnaround time is 2 working days.

You can connect with Hemant on Linkedin, can follow him on Twitter or subscribe to his weekly newsletter.

You can also ask Hemant questions related to personal finance or his practice on this page.