Sentences with phrase «year traditional financial advisors»

Not exact matches

Though financial advisors have converted plenty of wealthy tech founders and employees into loyal clients over the years, the largely young and male participants in the cryptocurrency gold rush seem decidedly uninterested in traditional banking and traditional money management.

What I've discovered after consulting with dozens of personal finance clients over the years is that those who do have money with a robo - advisor or a traditional wealth advisor do not keep their financial advisor updated.

Robo - advisors is the term given to any number of automated investing services that have popped up in recent years that aim to make investing easier, more affordable and in some instances negate the need for a traditional financial or investment advisor.

Real estate — 3 cr term insurance — 2 cr health insurance — 10 lakhs family floater 5 lakhs by company 10 lakhs (cancer care policy due to my family history) various traditional policies from lic — 10 lakhs (premium ending by next year and benefits after 3 yrs) equities — 4lakhs mutual fund (through a financial advisor)-- 25 lakhs ppf — 5 lakhs fixed deposit — 2 lakhs sip in force for 20000 / - per month

Beyond traditional permanent insurance needs, the policy is so clear and flexible and liquid that some advisors are event considering using it as a place to deposit a modest lump sum for the client (for those who have the financial wherewithal to do so), simply to allow the interest to accumulate and be used to pay for the cost of insurance charges each year.