Frequently asked questions

We are a group of personal finance strategists with extensive experience ranging from 5 to 20 years in helping individuals and families create tailored financial plans, ensure it is followed, recommend investments and help them achieve their short & long-term financial goals.

Being Wealth Wise specoalizes in helping mid-career salaried professionals optimize & increase their wealth.  We are also ready to work with early starters who want to are ready to create comprehensive wealth with a strategy and without having unrealistic expectations. 

Holistic financial planning needs time & patience. The GET RICH QUICK tribe of people can kindly excuse us.

Our only product is advice / consultancy. We do not sell insurance, mutual funds, ULIP's or any other financial instruments 

Using a personal finance planner offers the advantage of expert knowledge and customized advice, allowing for a holistic and tailored financial plan that aligns with your unique goals and circumstances. This approach saves time and provides an objective perspective, helping you make informed decisions without emotional bias. Additionally, a professional planner can manage risk more effectively and provide specialized guidance on investments and other complex financial matters.

We attempt to achieve the planned rate of return which varies from family to family. While return on investment is an important parameter, return alone cannot guarantee the success of a financial plan.

Return is the outcome of a financial plan. A financial plan is not an outcome of return.

If you are a mid-career salaried professional, go ahead & schedule a call from our home page. If no slot is available please WhatsApp us by clicking on the icon on the bottom right. 

We help you create a diversified portfolio including equities, debt etc.

We do not recommend Mutual Funds.

Post-covid we operate in online mode alone.

Financial planning is a long-term commitment. We meet twice a year with a comprehensive review of your portfolio done once a year. We are available to support throughout the year.

Fees are mentioned on the pricing page. We do not offer any further discounts.

Final fees are yearly recurring. Fees are at par with industry standards & at the same time higher than the Expense Ratio of Mutual funds.

While our fees are accounted as expenses, they should be looked upon as an investment for your future. 

We use our in-house software to do the calculations. 

We are financial strategists who believe in holistic planning & recommend investments considering your risk-return parameters. We do not offer ultra-short-term returns & do not indulge in day-trading.

While achieving financial freedom is not getting rich, it certainly involves assessing your current financial situation, defining your financial goals, discovering your expense pattern, effective debt management, finding the required rate of return, finalizing your investment strategy to achieve your goals, considering your income growth, the impact of inflation along with time period to achieve all these coupled with discipline & consistency.

Financial freedom is a long-term target that can be achieved steadily. It's not a quick fix. Given a considerable time coupled with your current assets & future earnings, financial independence can be certainly achieved. However, the time varies from person to person.

While mutual funds are a good option to have you started on your investment journey, they don't allow you to save optimally. Most do a fixed SIP which is not their true saving potential. A financial planner is an auditor to whom you are answerable during the year-end review. The financial planning process gives a structure to your finances.

Humans need humans to talk to and solve their problems. We seek validity. A financial planner is approachable while most people don't even know the name of their mutual fund manager!

Apologies. We help clients with managing their finance. Addressing financial crisis and getting you out is out of scope of our service.