Prudent Fee Structure

Consultation Fee

This is a consultation service, where you come up with your queries, planner at the backend do the maths behind (if required) and then meet virtually /personally, depending on location and clears the doubts and answers to specific queries related to investments, insurance, taxes, goals etc. Fee only financial planner comes in handy if you feel that you are able to handle most of your Investment management on your own, and are only looking for little guidance and advice.  Consultation fee will be charged for Rs 2000 per meeting with your adviser, which may be adjustable with your agreed Final Financial Plan preparation fee as you opt, if you intend to hire our any financial planning services within 30 days from the date of consultation.    

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Annual Financial Planning Fees

A fee for creating a financial plan is based on the basis of complexity of the financial situation. Once the complimentary meeting/discussion is held and we have understood brief about your finances, the actual quote is provided to you. However, the fee for this service will remain in the range of Rs 7,500- Rs 25,000. The fee  is paid in two tranches. Rs 2000 is payable upfront during first meeting and balance which is final quoted during signing of letter of engagement. For further engagements/meetings, the fees will be charged as per the level of engagement and will be disclosed to you in advance.

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Mutual Funds Fees under DIRECT PLANS

Since commissions & brokerages are NOT paid under DIRECT PLANS of any mutual fund scheme, as per the market regulator SEBI’s guidelines stipulates that investors directly make payments to advisor, otherwise Mutual Funds companies is adjusted commission under REGULAR PLANS  from their daily NAV made in any scheme, will hamper the return in the long-run.

Upfront fee(Equity Funds) 1%
Upfront fee(Debt Funds) 1%
Upfront fee(Liquid Funds) 0.5%
AUM based Charges 0.5% P.A.
One Time Charges Rs 5,000

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Annual Online Wealth Management Desk Fees

You will be provided a single online platform which can help you manage your investments across all asset classes such as Mutual Funds, Life Insurance, Non-Life Insurance, Postal Schemes, PPF, Stocks, FDs, Bonds, Bullions, and Real Estate etc. Hence it is imperative to give you a consolidated view of your investments to enable you to get the right perspective of your wealth and risk mitigation.

Wealth Magic MF login Rs 500 P.A.
Wealth Magic Portfolio login Rs 1,500 P.A.
Wealth Magic Mobile apps Rs 1,000 P.A.

 

Disclaimer: The above information of fee structure on our services is for general reference and discussion purposes only. A signed and dated Client Service Agreement for respective services is the only official source of fee quotes and the only binding offer of service recognized by Prudent Financial Planners. Actual fees will depend on each client’s specific planning needs.

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Suresh Kumar Narula

SEBI Investment Advisor, Founder & Principal Financial Planner at Prudent Financial Planners
Suresh K Narula is founder and Principal Financial Planner at Prudent Financial Planners. He has earned the professional CERITIFIED FINANCIAL PLANNER and got registered with SEBI as Investment Advisor. He writes on personal and financial planning articles and got published in Dainik Bhaskar, Business Bhaskar and The Financial Planner's Guild, India. He is also a member of Financial Planner's Guild India ( An association of practicing SEBI registered Investment advisers) to create awareness about Financial Planning in general public, promote professional excellence and ensure high quality practice standards. Suresh received his an M.com from Himachal Pardesh University and an MFC from Punjab University, Chandigarh. He can be reached at info@prudentfp.in
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