Faith Between Us

Archive for September, 2010

We make money from more than one sources and it is necessary also to lead a good life. You too must be expanding your sources of income and you would be working so hard to do that. But do you think that you are doing a proper financial planning to manage your income, expenses, savings and investments. Financial planning services are effective tools for managing these issues and other finance related problems.

Financial planning services offer a range of tailored services to help individuals and companies change their financial future at the different stages of their lives. We can say that a financial plan is that guide which helps in managing wealth and expenses efficiently.

Technically saying, financial planning is a process of money management that includes tax planning, budgeting, retirement and estate planning, insurance and investment strategies.

The firms providing financial planning services coordinate all the elements of finances with the aim of building, protecting, and maximizing net worth of an individuals, families and companies. Your wealth and investment plans can be managed in many ways. They suggest you financial planning tools like bonds, equities, funds etc. You can ask for better advices regarding banking solutions for better financial management and savings.

Financial planning services firms provide proposals regarding various financial issues like investing, retirement planning, estate planning and financial protection. After studying various aspects of your financial life like your current financial position, your financial objectives and goals etc. they devise a finance roadmap and implement it. They review their plan time to time to ensure that you are achieving your financial goals.  Read more...

Targeting the Underbanked in Financial Services

The Underbanked have long been ignored on the assumption that they lack profitability. However, in the current climate, the Underbanked segment now includes growing numbers of consumers who have become disengaged from traditional services and may now be drawn to alternative methods of managing their money, and who traditional providers can no longer afford to lose. ( http://www.bharatbook.com/detail.asp?id=135930&rt=Targeting-the-Underbanked-in-Financial-Services.html )

Scope

* Using data from our global FSCI and Recovery from Recession surveys, this report provides a detailed profile of the global Underbanked segment
* This report provides insight into how the Underbanked attitudes translate into behaviour and how they might best be captured
* This report provides concrete actions for providers to follow in order to integrate Underbanked consumers into more traditional product cycles

Highlights

Providers cannot afford to make the assumption that the Underbanked are sub-prime, especially given the fact that they are not simply those who cannot bank with traditional providers, but now also those who choose not to.

Consumers are taking FS into their own hands – providers need to be aware that the power of social media and an increase in internet know-how has facilitated a fundamental shift in power which has led to the growing popularity of the direct peer-to-peer lending market.

Conditions have changed to create a perfect storm for new players from the retail and supermarket industries to capture an Underbanked segment which has already proven an attraction to financial transacting in a more informal or familiar environment.  Read more...

Formulas for Success: What Are You Known For?

As competition for new business heats up, how will prospects notice you?
On a recent trip to Dubai to visit with Pershing clients, I took time to explore the souks in search of gifts to bring home. Amid the specialized bazaars for gold, spices, and perfumes, vendors also peddled pashminas, rugs, and silver. Three things struck me as I stopped at each little shop:

How much each store’s offering looked like the others;
How quickly they were willing to negotiate price;
How likely they were to position their products as superior without any verification of the claim.

Many financial professionals do the same thing. As one advisor wrote to me, “It’s clear that using comprehensive wealth management or fee pricing is not unique any more as advisors of many stripes can claim some variation of this. Even the advantage of fiduciary may be eliminated by Congress. What can we do to differentiate our firm from the rest of the market?”
Muddled

Muddled Messages

Clearly financial services organizations face challenges in staking out a position that sounds substantially different to prospective clients. Let’s take a look at the public positioning of a few examples as of early March 2010. The Web site of Charles Schwab & Co. tells prospective clients to get advice from Schwab because of a “fact-based disciplined approach, time-tested investing principles, personalized to your situation and goals, premium advice without premium price.”  Read more...

A Manhattan Virtual Office gives you the flexibility to work from anywhere; at home, on the road, or around the world. We provide you with a physical Manhattan business presence to come-in and touch-down when needed.

If you are considering renting a traditional office, or downsizing your existing office, or simply want a business presence in Manhattan, our Manhattan virtual office business address rental will immediately reduce your overhead and help you avoid traditional long-term commitments associated with traditional offices.

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Simply enter promotion code 3612PLUS1 in the promotional code section of the online virtual office application, accessible from our Order Now page on ManhattanVirtualOffice dot com.

Please note that this offer is valid for new approved clients only. Offer may not be combined with any other offer. Applicants must complete the online application order form by 11:59pm on Monday, MAy 31, 2010 and have complete their applications prior to 11:59pm on Wednesday, June 2, 2010. After your service term up, you can opt to renew service at the standard published rates. Current rates for renewal are from $25-$60 per month for the virtual office address rental. You can select to have your mail forwarded daily, weekly or monthly. Service charge of $00.50¢ per piece plus postage. Mail pickup is available by appointment and is a flat $3 per pickup. Meeting space available at $15 per hour with a 2-hour minimum. An initial $25 deposit required for any account activity costs, for example, mail forwarding costs. Account setup takes just one business day from receipt of your completed application.  Vist VH International Business Solutions at ManhattanVirtualOffice dot com for details.

You are spending a lot of your time in making money. You are expanding your sources of income and you are working so hard. But are you doing a proper financial planning to manage your income, expenses, savings and investments. Financial planning services are efficient tools for managing these issues.

Generally a financial plan is a guide which helps in managing your wealth and spending habits efficiently. We can say that financial planning is a process of money management that includes budgeting, tax planning, insurance, retirement and estate planning, and investment strategies. Financial planning services coordinate all the elements with the aim of building, protecting, and maximizing net worth of an individuals, families and businesses.

Financial planning services manage your wealth and investment plans in many ways. They educate you regarding investment strategies and asset management. They suggest you financial planning tools like bonds, equities, funds etc. You can seek advice regarding banking solutions for better financial management and savings.

Furthermore, it would sound ironic but it is true that financial planning services also help to avoid financial implications of divorce. It is necessary for a couple on judicial separation, divorce and nullity of marriage to have cash balance for emergencies in a bank or building society account. These amounts are matrimonial assets and need to be identified as part of the overall assets to be divided by both the parties.

 Read more...