This statement is a red flag - Investing through a CFP in regular funds ensures you have a partner in your financial journey, optimising returns while mitigating risks. Thank you for advice but now I am certain to keep away for CFP and continue to educate myself in financial planning and investment.

Ans: Please search for "online financial planning & Retirement planning services with a Holistic Approach" in Google and then follow the below steps with the results.

Research: Start by researching reputable brokerage firms that offer mutual fund advisory services. Look for firms with a strong track record, experienced financial advisors, and a range of services tailored to your needs.

Consultation: Schedule a consultation with the brokerage firm to discuss your financial goals, risk tolerance, investment preferences, and other relevant factors. This initial meeting will help the advisor understand your needs and recommend suitable investment strategies.

Advisory Services: Once you've selected a brokerage firm, the advisor will work with you to develop a personalized mutual fund investment plan. They will recommend specific funds based on your financial objectives and provide ongoing guidance to help you navigate the market.

Regular Reviews: Schedule periodic reviews with your advisor to assess the performance of your mutual fund investments, review changes in your financial situation, and make any necessary adjustments to your investment strategy.


By following these steps, you can access the expertise of professional brokerages to assist you in financial planning and investment management.

Ans: You're welcome! If you have any more questions or need further assistance, feel free to ask. Best wishes on your financial journey!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Hello;

What is your current age?

Please confirm.

Thanks

Ans: You are taking thoughtful steps for your child’s future.

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About Traditional Policies for Your Child

These policies give very low returns, around 4% to 5% yearly.

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They also lack flexibility and are not inflation-beating.

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You can surrender both policies and reinvest the amount.

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Invest in mutual funds (regular) through a Certified Financial Planner instead.

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Difference Between Direct and Regular Mutual Funds

Direct funds look cheaper but give no personal advice or support.

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You are on your own during market ups and downs.

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Most investors make emotional mistakes with direct funds.

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Regular funds through MFDs with CFP support give goal-based guidance.

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You get help in selection, rebalancing, and tax-efficiency.

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That improves long-term results and discipline.

If you are investing thru a platform or just stock broking firm, yhey may not always suggest goal-based, unbiased options.

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A Certified Financial Planner works with your full picture.

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Choose funds that suit your goal, not just past return.

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For child’s education, start SIPs in actively managed equity mutual funds.

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Avoid index funds. They only follow average market return.

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Actively managed funds can outperform with expert fund managers.

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Track investments yearly with your planner to stay on track.

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Best Regards,
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K. Ramalingam, MBA, CFP,
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Chief Financial Planner,
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www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Hi,

You have built quite a good corpus at such age. A professional help offers many things such as parking all money with alignment to your needs, your risk appetite, using strategies so that your monthly expenses are fulfilled and the remaining corpus keeps growing. There are many avenues where a professional or a CFP helps you by regularly monitoring your investments and makig required changes whenevr necessary.
Charges vary for all professionals. Please get in touch with one.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/