- teamfpgindia@gmail.com
The Financial Planners’ Guild, India ( FPGI ) is an association of Practicing Financial Planners/ Advisors who are also SEBI Registered Investment Advisers ( RIAs ). The aim of this association is to create awareness about Financial Planning among the public, promote professional excellence and ensure high quality practice standards.
The first portion of the mission of the Guild is to create awareness about Financial Planning at the public level, which would benefit the people at large.
People go through life without even knowing that they require a blueprint to achieve their life goals. Most times, they have not even thought about their life goals. We have taken it upon ourselves to create awareness, as people do not seem to know about financial planning, which is at the heart of their well-being. It is time people became aware about financial planning and how it can help them.
Towards this end, we would conduct seminars and workshops for groups of people in companies & associations. We also organize public seminars where people can enroll and participate. We also maintain a blog to educate the public on financial planning & personal finance domain. Also, we have a good media presence through which we endeavor to educate the public.
The second portion of our mission is to set high professional standards & promote professional excellence. We hence have internally directed training sessions & discussion forums where matters of professional import are discussed. We also have meetings & annual conferences to upgrade ourselves professionally.
The members of this association would need to have very good knowledge and understanding of the Financial Planning domain, as they are expected to shape up as some of the best in the business. The association members are committed to highest level of integrity & ethics in all their dealings with their clients.
This association is to shape the practice standards in India in the years to come and is expected to evolve to be the Gold Standard in Financial Planning. This association is to be treated like the “Mensa Club” of Financial Planning.
SEBI, through their Investment Adviser Regulations 2013, created a new category of Financial Advisers who are client-centric, need to be conflict free and do everything in their client’s best interests. These RIAs would be able to play the role of trusted advisors, like the doctors or lawyers play in their domain.
Clients are looking for unbiased advice from their advisors in the area of finances. However, they do not get that mostly as product sellers double up as advisors. Clients are happy that they get advice for free. They do not realise that such advice would not be in their best interests. That is where fee-only advisors who work for the benefit of the client, are independent, conflict-free and work in the client’s best interests are the right people to access advice from.
Our members are from all across Bharat. Though the tribe is small, one may find a fee-only advisor in the region. If they are not there in that town/ city, advisors from other places can be of assistance online. You could go through the brief about each member, check out their website to get to know them.