Fees

  • My focus is on clients with a net worth (i.e. total assets minus liabilities of the client and the client's spouse, including primary residence, if any) of Rs 1 crore to Rs 100 crores
    • To make this simplified fee structure workable, the number of hours of effort / discussion is the same for all clients
  • My current fees are:
    • For new clients, Rs 25,000 for the first twelve-months
    • If an existing client chooses to renew the engagement while the current fees are applicable, thenĀ Rs 12,500 for the subsequent twelve-months
    • The fees are payable in advance at the start of the twelve-month period of engagement
  • 'Fee-Only Financial Planner & Investment Adviser' is the generic term used in India. But the US term 'Advice-Only Financial Planner & Investment Adviser' provides a more precise description of this fee structure
    • 'Advice-Only' means charging only for effort of the adviser and not based on the client's net worth nor assets under management

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