Advisor is like a coach who helps you in your journey to financial freedom. An advisor is a person who keeps track of your goals and Wealth Management. This ensures that you relax and get information from one source. It also ensures your wellbeing. The trust on one person actually pays dividends in long run.
Many a time people ask what’s the need of an advisor. To understand the need of an advisor let us understand the role played. Some of the services expected are.
1) Proper Identification of schemes and explaining them to the client.
2) Making plan(goal based) for the client and then properly executing and managing it.
3) Execution of paperwork, transaction and then updating the portfolio of the client.
4) As and when required change the portfolio and make necessary changes in portfolio for the achievement of goal.

Equity Is Your Ownership.

Debt is loan Liabilities.

Active Income:- You Are Working to Earn
Passive Income: - Person Works for a particular Time but For Lifetime he gets Income.

Your (Salary X 100 Weeks) If a person is hospitalized Maximum cover is 100 week Wages of salary.

Like any plant, growth of the Chinese Bamboo Tree requires nurturing with water, fertile soil& sunshine. In its first year, we see no visible signs of growth activity. In the second year, again, no growth above the soil. The third, the fourth, still nothing. Our patience is tested and we begin to wonder if our efforts (caring, water, etc.) will ever be rewarded. And finally in the fifth year behold, a miracle! We experience growth. And what growth it is! The Chinese Bamboo Tree grows 80 feet in just six weeks!