Network FP Thinktank is an Online Professional Journal by Network FP wherein we share the articles written by top-class financial advisors and industry thought leaders from across India and the world.
Driving Meaningful Review Conversations
Shailendra Kumar
Co-founder - FinAtoZ.com
September 22, 2020
Reading Time: 2 minutes Honestly speaking, handling reviews with most of our clients, in the recent times, has been challenging. Markets hitting various highs, clients’ portfolios not reflecting the same growth, uncertainties of today’s times and a new surprise every few days thrown by this year at us. To make matters worse, for a few clients it had been […]
Read More18 things to know before you recommend a health insurance policy
Nisha Sanghavi
Founder, Fynomics and Co-founder, Promore Fintech Private Limited
September 15, 2020
Reading Time: 6 minutes The core of any insurance plan, as we all know, is protection. Offering protection and alleviating your risk is the simple motive of an insurance plan. Making that small investment in any health insurance plan, will enable you and your clients to be tension-free and offer security in advance. Especially when we are facing the […]
Read MoreClient handholding: In good times and bad
Mohini Mahadevia
Founder at SOLUFIN
September 8, 2020
Reading Time: 3 minutes As advisors, we are expected to lead the client to experience financial success and bliss, financial freedom and the realisation of their dreams. While this cannot be disputed, there is another very important responsibility that we must fulfil at all costs- leading them through personal crisis and disasters. More often than not, these come out […]
Read MoreRetirement solutions – Can you actually think long term as an advisor?
Prathiba Girish
Founder at Finwise Personal Finance Solutions
August 25, 2020
Reading Time: 4 minutes Financial planning for retired clients is quite different from that for someone who is still in the accumulation phase. As an advisor it comes with a complete set of new dilemmas. Many of the products we know which are intrinsically suitable and good for the customer come with zero revenue for us. Why then should […]
Read MoreESG: A new fad or a trend to follow?
Suresh Sadagopan
CEO, Ladder7 Wealth Planners Pvt. Ltd.
August 18, 2020
Reading Time: 4 minutes There are winds of change sweeping in the investment world. Over the years, the investment landscape has undergone changes. There are concerns that go beyond just the financial numbers that the companies put out. Over time, Environmental, Social & Corporate Governance (ESG) aspects have become very important parameters to evaluate a company’s investment worthiness & it’s inclusion […]
Read MoreEmbedded Value of a Life Insurance Company
Rajaraman Radhakrishnan
Head - Sales Support Strategy and Training at Shriram Life Insurance
August 11, 2020
Reading Time: 5 minutes In India currently we have 24 life insurers including the PSU giant LIC of India. Typically, life insurance business is a capital intensive financial services business with a long gestation period of profitability. The financial results of a life insurance company are complex to analyse. They are prepared in accordance with the regulatory and actuarial […]
Read MoreAre you spending 4 hours on Sharpening your Axe?
Amar Pandit
Founder, Happyness factory
July 14, 2020
Reading Time: 4 minutes I know that your work is not easy. According to a senior industry executive “An IFA’s stress is at the highest level today while confidence is at the lowest level”. This is because of several reasons: You have to justify events that are beyond your control. In fact, you are blamed for these events. You […]
Read MoreMaking way through unforseen and unprecedented times
Amit Trivedi
Owner, Karmayog Knowledge Academy
July 7, 2020
Reading Time: 4 minutes “This is an unprecedented event. We haven’t seen anything like this before. Nobody saw it coming.” Well, these are some of the most common reactions to the current state of the pandemic and the response of the governments of various countries. How should one react in such situations? How does an advisor handle the clients […]
Read MoreAre you really simplifying your client’s life?
Ashish Modani
Founder, SLA Financial Solutions
June 30, 2020
Reading Time: 3 minutes Recently one of my family member got into some medical trouble. We rushed him to a Doctor and after examining him, the doctor said, “He is suffering from Acute MI.” I was like – WHAT?? The Doctor said – he is suffering from Acute Myocardial Infarction. I stood there, confused. The Doctor then said – […]
Read MoreGiving a purpose to goal-less investments
Nitesh Buddhadev
Nimit Consultancy
June 23, 2020
Reading Time: 5 minutes Sometimes, life’s best lessons are learned through stories. A foreman, who was given the charge of a gang of extremely lazy labourers, asked them to dig ten feet deep holes near a large steel mill. The lazy workers were further agitated when they were told to dig the holes here and there. As time went […]
Read More