Special Needs Life Plan System
For First 12 Months
* The fixed fee quoted as above are excluding taxes
** The fee is payable in 2 instalments at interval of 6 months
**We have preferred rates for Single Parents with special needs child to care
*** The actual fee may vary based on the scope of work involved. We quote any additional fee you once we understand your requirement and the scope of work involved
What is covered in Financial Planning?
- Financial Plans – Special Needs Member and Other Family Members
- Investment Recommendations
- Insurance Recommendations
- Risk Profiling
- Existing Insurance and Investments Analysis
- All Goals Analysis – Cost and Funding (Including Special Needs Child)
- Tax Planning
- Implementation Support (Within Scope of Engagement)
- Action Plan
- Estate Planning Objectives
- Support
- Written Report
Services Beyond Financial Planning Under SN Life Plan System
- Consultation with Experts on child assessment for various services
- Guidance & Assistance to the family on various processes required for child care- Legal Guardianship, Disability Certificate, Unique Disability Card and Others
- Guidance and Support in identifying appropriate residential living for the child (Presently in Delhi/NCR. For other cities we will work on case basis)
SN Life Plan System – After First 12 Months
We have a periodic review system based on the support delivered for various elements covered under Life Plan System. We will discuss in the first year and help you understand the review process under Life Plan System. Based on services still needed for 4 elements we will determine the fee which will be fixed in nature.
For Financial Planning and Investment Management
The fee for financial planning and investment management will be either Retainer-based or based on Assets Under Advice. The fee will be quoted in the first year of the engagement.
All our fees are payable Monthly, Quarterly or Half Yearly.
- Financial Planning
Whether you are in 20s, 40s, or retired, if you manage, monitor your assets and need only financially planning advice we work on a very reasonable fee with you. We will charge a fixed fee of Rs. 25000 annually (Resident) and Rs 40000 annually (Non-Resident) where you receive continuous advice on your finances through periodic reviews. Our aim is to ensure your financial objectives remain align with your special needs child requirements.
- Financial Planning and Investment Management
You may be just starting your investment journey or have accumulated assets. Investment management is a complex world. You need a fiduciary advisor to guide you not only in selecting the right investments but managing it to ensure it remains aligned with your financial objectives. We have services based on your life situations.
- Starting Your Investment Journey
Whatever life stage you are if you haven’t started investing and planning for accumulating assets, we help you in your journey. From second year onwards we manage your finances which includes your investments and guide you in planning for your life goals. Here we charge a monthly fee of Rs. 2500 till you accumulate assets of Rs. 50 lakhs which enhances to Rs 5000 p.m. till you accumulate assets of Rs 1cr.
You Have Accumulated Assets
If you have accumulated assets of Rs 1 cr and above then the fee for both Financial Planning and Investment Management is as below:
- % of Assets Under Advice with us
| Rs. 100 lakh to Rs 200 lakh | % of AUA | 0.60% of AUA Annually |
| Rs. 200 lakh to Rs 500 lakh | % of AUA | 0.40% of AUA Annually |
| Rs. 500 lakh to Rs. 1000 lakh | % of AUA | 0.30% of AUA Annually |
Services:
- Periodic Review of Financial Plans
- Periodic reviews of Investments (If opted for asset monitoring)
- Periodic reviews of other elements as decided
- Full-service support on all the elements of SN Life Plan System
Note:
# All fees are subject to revision every 3 years
# We work on a Virtual Model also so we can help families across the globe on Special Needs Planning
Foundational Planning System
For First 12 Months
The starting fee for foundational planning system in the first year is as below:
Resident Indian– Rs. 30000
Non- Resident Indian – Rs. 50000
*All quoted fees are exclusive of Taxes and payable in 2 instalments at an interval of 6 months
**We have preferred rates for Single Parents with special needs child to care and groups
*** The actual fee may vary based on the scope of work involved. We quote any additional fee you once we understand your requirement and the scope of work involved.
What is covered in Services –
- Financial Planning
- Financial Plans – Special Needs Member and Other Family Members
- Investment Recommendations
- Insurance Recommendations
- Risk Profiling
- Existing Insurance and Investments Analysis
- All Goals Analysis – Cost and Funding (Including Special Needs Child)
- Tax Planning
- Implementation Support (Within Scope of Engagement)
- Action Plan
- Estate Planning Objectives
- Support
- Written Report
- Vision Document
- Communication Plan
Note:
# The client would receive Guidance & Assistance on various processes required for Special Needs Child care within this one year
# All fees are subject to revisions every 3 years
# We work on a Virtual Model also so we can help families across the globe on Special Needs Planning
Foundational Planning System- After first 12 Months
From Second year onwards the client may sign up for our Ongoing services. Here we do periodic reviews of the financial plan. Asset Monitoring is included in this service if opted. The fee will be quoted in the first year of the engagement.
For Financial Planning and Investment Management
The fee for financial planning and investment management will be either Retainer Based or based on Assets Under Advice. The fee will be quoted in the first year of the engagement.
All our fees are payable Monthly, Quarterly or Half Yearly.
- Financial Planning
Whether you are in 20s, 40s, or retired, if you manage your assets and need only financially planning advice we work on a very reasonable fee with you. We will charge a fixed fee of Rs. 25000 annually (Resident) and Rs 40000 annually (Non-Resident) and you receive continuous advice on your finances through periodic reviews. Our aim is to ensure your financial objectives remain align with your special needs child requirements.
- Financial Planning and Investment Management
You may be just starting your investment journey or have accumulated assets. Investment management is a complex world. You need a fiduciary advisor to guide you not only in selecting the right investments but managing it to ensure it remains aligned with your financial objectives. We have services based on your life situations.
- Starting Your Investment Journey
Whatever life stage you are if you haven’t started investing and planning for accumulating assets, we help you in your journey. From second year onwards we manage your finances which includes your investments and guide you in planning for your life goals. Here we charge a monthly fee of Rs. 2500 till you accumulate assets of Rs. 50 lakhs which enhances to Rs 5000 p.m. till you accumulate assets of Rs 1cr.
You Have Accumulated Assets
If you have accumulated assets of Rs 1 cr and above then the fee for both Financial Planning and Investment Management is as below:
- % of Assets Under Advice with us
| Rs. 100 lakh to Rs 200 lakh | % of AUA | 0.60% of AUA Annually |
| Rs. 200 lakh to Rs 500 lakh | % of AUA | 0.40% of AUA Annually |
| Rs. 500 lakh to Rs. 1000 lakh | % of AUA | 0.30% of AUA Annually |
Services
- Half yearly reviews of Financial Plan and Investments
- Annual review of financial plan
- Assessing need on estate plan documents reviews
- Other elements are not covered in this service
- All fees quoted above are subject to review every 3 years.
Areas where we do not have expertise or we may have to involve other experts, fees will be quoted as per the scope of work involved.
Note:
# The client would receive Guidance & Assistance on various processes required for Special Needs Child care within this one year
# All fees are subject to revision every 3 years
# We work on a Virtual Model also so we can help families across the globe on Special Needs Planning
# The fee quoted above are subject to change based on the scope of work involved
# Above services are customizable based on a family requirement. For example, we can work only on special needs child requirement analysis, the fees for which will be quoted upfront to the family.
# We have one time engagement (Financial Consultancy) also if a family do not wish to engage for the long term. The fees for the same are quoted upfront to the family.
Other Services
If you do not want to go through the complete financial planning services then following options are available for various services:
- Mutual Funds Advisory
- This service will cover advisory only on your mutual fund’s investments. Through a proper risk assessment, we will analyse the asset allocation approach you should follow and will recommend you viable options for mutual funds’ investments. The services include analysing your existing mutual fund portfolio and recommending suitable strategy in line with the asset allocation approach identified for your investments.
- The fee for this service is Rs 25000 for RI and Rs 40000 for NRI. This fee will be applicable for 3 months engagement where you can discuss the strategies and recommendations given. The actual fee may vary based on the scope of work involved. We quote any additional fee you once we understand your requirement and the scope of work involved
- If you wish to avail investment management services/asset monitoring on an ongoing basis then the following fee will be applicable –
| Fee Basis | Rs. Per Annum/% |
| · Minimum fee till AUA (Assets Under Advice) reaches Rs. 50 lakhs | 25000 – RI
40000 – NRI |
| · For AUA Rs 50 lakhs to Rs 200 lakhs | .75% of AUA |
| · For AUA Rs 200 lakhs to Rs 500 lakhs . | .60% of AUA |
| · For AUA above Rs 500 lakhs | .40% of AUA |
*The above-quoted fees are exclusive of any taxes that may apply
*The fee will be applicable from 1st year based on the scope of engagement.
Payment of Fees
- Fixed Fee
Fixed Fee is payable on half yearly options.
- % of AUA
AUA Fee are charged annually but billed quarterly in arrears. Thus, AUA fee are payable at the end of every quarter.
For further queries on our fee structure and scope of services call at 9971845454 or email at info@jsfadvisors.com
To discuss more about the scope of our Special Needs Planning Services and how we can assist in meeting your goals, schedule a complimentary free session with the financial planner –
