NRIs Investing in India, Working Capital and Term Loans India
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Insurance Consultants and Investment Advisors India

Managing wealth with a purpose means offering a set of customized wealth solutions for a given client profile. A plain vanilla approach of ‘one size fits all’ is generally an inferior way to financial planning. For this reason, we have broadly classified our clients into following profiles:
 

 
   
   
Domestic Individual Investors :
   
 
At Burgeon Wealth Advisors, we believe that in order to achieve one’s life goals, he should follow a systematic and disciplined process of savings, investments, risk management, legacy planning and lifestyle over the long term. We help encapsulate all of these aspects in a well constructed roadmap in the shape of a financial plan.
 
We begin by listening to our clients, understanding their current financial profile, long-term financial goals, and creating a financial plan that best meets their needs. It would entail finding answers to questions like those given below:
   
 
ASSESSING PRESENT FINANCIAL SITUATION
     
     
 
1.
Do you have a clear picture of your goals and dreams?
     
 
2.
Have you written out your financial goals?
     
 
3.
Have you quantified them?
     
 
4.
Are you comfortable with your present financial situation?
     
 
5.
Are you keeping track of your cash flow?
     
 
6.
Are you managing your cash flow for liquidity, long term returns or safety?
     
 
7.
What are your current investments?
     
 
 
   
What are your wealth accumulation goals?
   
 
Buying a second home or a vacation home
 
 
 
Better lifestyle or comforts for you and your family
 
 
 
Starting or expanding your business
 
 
 
Other family related goals
     
How do your current investments support your accumulation goals?
     
What has been your approach to:
     
 
Risk Management
 
 
 
Risk tolerance
 
 
 
Various asset classes such as equities, debt, commodities etc
 
 
 
Immunization and Diversification
     
 
 
     
 
1.
How might unforeseen events impact your family's goals?
     
 
2.
Have you provided for your dependants?
     
 
3.
Are you prepared for unforeseen expenses due to
     
   
Illness and more importantly the unfortunate occurrence of long-term illness or critical illness
   
Accident
 
Disability
     
 
4.
What has been your approach to
     
   
Life insurance
   
Home insurance
 
Health Insurance
     
 
5.
Are you keeping track of your cash flow?
     
 
6.
Are you managing your cash flow for liquidity, long term returns or safety?
     
 
7.
What are your current investments?
     
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1.
How do you manage your taxes?
     
 
2.
Do you understand how current tax laws apply to you?
     
 
3.
Are you eligible for specific tax deduction
     
 
4.
Have you taken advantage of all provisions under Income Tax Act?
     
 
 
     
 
1.
Have you decided upon a plan for your assets after you pass on?
     
 
2.
Have you written out your will or created a trust?
     
 
3.
What purpose you want your legacy to serve?
     
   
Life insurance
   
Home insurance
 
Health Insurance
     
 
4.
Will your current plan let you achieve these goals?
     
 
We follow a six step advisory process :
 
     
       
 
Advisory Process :
 
 
    Brainstorming session on Life Goals
       
   
Identify and quantify life goals
   
 
   
Detail current personal & financial situation
       
    Identify and Assess Key Issues
       
   
Evaluate current financial position
   
 
   
Review wealth creation, retirement estate planning
   
 
   
Review tax structures e.g. individual, family offices & private companies 
   
 
   
Analysis & Planning
   
 
   
Assess financial strategy options to meet goals gap analysis
   
 
   
Assess financial strategy options to meet goals gap analysis
       
   
The Burgeon Financial Road Map
   
 
   
Tailored financial strategies to achieve stated goals
   
 
   
Detail recommended asset allocation & investments
   
 
   
Wealth creation & estate planning advise to protect wealth
   
 
   
Strategy Presentation & Implementation
   
 
   
Strategies & rationale discussed
   
 
   
Wealth Manager facilitates the implementation of all recommendations
       
    Review and Tune-up
       
   
Review progress towards achieving lifestyle goals
   
 
   
Review appropriateness of asset allocation & investments
   
 
   
Re-balance portfolio to bring it in line with appropriate asset allocation as per your risk profile
   
 
   
Review new goals
       
 
 

 
In our experience, NRIs have their own set of concerns & investment goals which are not identical with those of domestic investors.
 
 
Concern over who will handle your money in India
     
 
What investment alternatives you have as NRIs are not allowed to invest in all
    investment products that a domestic investor can invest in
     
 
What communication channels are in place to keep you apprised on your investments
    once you’re back to your present country of residence
     
 
How will your assets such as real estate be looked after once you’re back to your
    present country of residence
     
 
What are the tax implications of your investments in India
     
 
What money transfer & repatriation rules apply to you
     
 
Assistance in wealth & asset transfer from your ancestors to you
     
 
Assistance in procuring life, general and health insurance for you as well as to your
    parents
     
    Know More......
 

 
   
 
 
Private Corporations
     
 
Services we provide to Private Corporations are :
     
 
Treasury Management
     
   
Loans
         
     
Working Capital Loans
         
     
Term Loans
         
     
Promoter Financing
         
     
Loan Against Shares
     
 
     
Lease Rental Discounting
         
   
Fund Raising & Capital Injection
         
   
IPO
         
   
Assist in procuring Carbon Credits
         
   
Employer - Employee Insurance
         
   
Assist in procuring General Insurance: Fire, Flood Insurance, Auto etc
         
         
 
Public Enterprises :
         
    Services we provide to Public Enterprises are :
         
     
Treasury
     
 
     
Carbon Credits

   
   
  NGOs need to follow a strict investment policy for funding that it gets. We provide assistance in the following areas :
   
 
 
Assistance in constructing an appropriate investment policy document
     
 
Managing the portfolio in strict adherence to the investment policy by a prudent mix of equities & Fixed Income products.
     
 
Ongoing research, monitoring and re-balancing of these portfolios
     
 
Assistance in tax filing

   
   
 
   
 
 
We assist in formation of Trusts
     
 
Trusts & Societies need to follow a strict investment policy for funding that it gets. We provide
    assistance in managing the portfolio in strict adherence to the investment policy by a prudent
    mix of equities & Fixed Income products
     
 
Trusts need to adhere to strict discipline as their fiduciary responsibility in managing the
    investment portfolio. We provide this assistance
     
 
Frequently, decision making has legal ramifications, we assist in this process.
   
 
Estate Planning and Trust Services are a means to an end. These services play an integral role in clarifying the modalities of transfer of family values as well as assets from one generation to the next. They also provide appropriate vehicles with which these objectives can be established. Our Private Wealth Advisory teams consult with clients and their legal advisors to ensure that the clients' financial and estate planning objectives complement their desired goals and vision for building a family legacy.
   
 
SUCCESSION PLANNING AND TRUST MANAGEMENT SERVICES (SPTMS)
     
 
Services offered through tie-ups with Leading Law Firms (LLF)
     
 
Offer end to end solutions - structuring of the trust to achieve settlers objectives, initiate
   
registration of trust, opening of bank accounts followed by day to day management of the trust
    investment portfolio. We provide this assistance
     
 
Objectives addressed are Succession Planning, Prudent management of Investments,
    Executing Charitable intentions/Philanthropic activities, Education of next of kin, Medical
    expenses, Marriage, Holiday expenses, Foster care, etc.
     
SPTMS – ADDITIONAL BENEFITS
     
 
Persons contemplating a 'Will' but are ignorant of the trust route as an alternative
 
 
 
Persons in business looking for 'Bankruptcy Remoteness'
 
 
 
NRIs having assets in India but no one to actively administer the assets, or even if they have
 
family / friends but require professionals to administer them
 
 
 
Someone wanting to have different set of beneficiaries for separate 'pool' of assets (not
 
necessarily only separate class of assets)
 
 
 
Someone who wishes to maintain 'confidentiality' of his financial transaction
 
 
 
A person who runs a medium / large scale business but does not have a clear successor to run
    the business, he may look at a professional entity to help him find one once he has passed on
     
 
Someone who is looking at a ring fenced mechanism to be able to take risks for aggressive
    growth in business, but at the same time 'secure' the future of next generation, through a life goals plan and others
     
 
Unmarried professional/ businessmen relocating abroad and leaving behind significant assets in
    India with no one to manage the administrative aspects
     
 
A watertight structure to provide for a 'foster child' or 'special child'
     
SPTMS – ADMINISTRATIVE SCOPE
     
As a Trustee LLFs can initiate the following administrative process for operation of the Trust:
     
 
Obtaining the Permanent Account Number (PAN) for the Trust
 
 
 
Opening various accounts for the Trust (Bank, Demat, Broker, Custody, Portfolio Manager)
 
 
 
Initiating the process of transferring the assets (cash / securities / other assets) to the Trust
 
 
 
Evaluation and appointment of portfolio managers for the trust
 
 
 
Transfer cash to Portfolio Managers for undertaking investments and obtain reports from them
 
on monthly basis
 
 
 
Undertake the regulatory compliances with respect to the Trust like maintaining of accounts,
 
audit of accounts, filing of income tax returns etc

 
© 2010 Burgeon Wealth Advisors