Financial Plannin for Hni

Financial Planning for HNI’s

Client Profiling

Acknowledgement

A project of this nature calls for intellectual nourishment, professional help and encouragement from many quarters. I take this opportunity to express my gratitude towards certain key people for their constant guidance and support, without which the project would not have been a success. I would like to express our gratitude to Prof. TSRK Rao for his continuous guidance in this regard whose insightful and patient inputs helped in the compilation of this project.

I would also like to thank my friends who extended their help and support whenever required. A special thanks to all who provided their knowledgeable insights into complex things and made them simple and lucid for us.

Last but not the least, my warm heartfelt thanks goes out to IBS Hyderabad for providing me with the facilities required to do the adequate research and give the project its final shape.

It was a good learning experience and after the completion of the project I understood the basic principles behind Financial Planning for HNI’s.

Financial Planning

Objective: The objective of this project was to learn the basics of Financial Planning for the High Net-worth Individuals (HNIs) by using the techniques of client profiling (Demographic, Financial, and Risk etc.) and thus suggesting a likely investment plan.

Data: Primary data was collected in case of profiling by formulating a Questionnaire.

Secondary data regarding the inflation rate was collected from the internet.

Financial Planning: It is a process whereby an individual moves towards meeting personal and financial goals through the development and implementation of a comprehensive financial plan. While financial planning is seen primarily s a personal process for individuals, it is often integrated into small business planning.

Financial planning is not a static concept. Rather it involves integrating a particular set of circumstances and needs into a...