It was 2017, when I met a seafarer and his wife who happened to be a Finance Professor in an MBA college. It was interesting to know that she being a Finance professor had invested heavily in mutual funds/ equities and had not explored any other investment options.
Being a professor of Finance, she took keen interest in my professional profile and requested my time/expertise to study her portfolio in details.
Being a Distributor it took no time to identify the gaps in their investment approach. Accordingly I suggested them to have a goal based investment approach , and helped listing down the funds beneficial for long term investment goals.
Meeting ended on a note that they were given time to consider the proposal and revert.
On that note the second meeting was scheduled to discuss their short term goals.
They briefed their short term goals to be able to pay 2.75 crores towards property possession and long term goal to be able to cover expenses towards their daughter’s PG accommodation cost and marriage cost.
Based on the given input I planned and started a goal based investment approach for them to meet both their short term and long term goals.As a result proposal was implemented and it worked in their favour to meet their goals.
Soon enough our professional relationship grew into a personal one, wherein the family placed all their trust in me to manage their finances whether small or big.
It felt like I was one of their family members, who’s intervention mattered. Having to win their trust for years gives me immense pleasure.
After all It’s not easy to win trust of an unknown and becoming a family !!
Recent Comments