Business Standard, May 13, 2018
CEO. Sanctum Wealth Management
Stories abound of sports stars and entrepreneurs who have squandered their wealth due to poor planning. Fortunately there are some keystone principles people can follow to increase their chances of making this transition securely. Accept that finding the right configuration will take time. Consequently, avoid making big decisions too quickly, and while some short-term decisions are essential, be prepared to define (and refine) the approach over time.
Establish a comprehensive plan, reflecting a clear set of financial and life goals. This may involve recalibrating an existing plan or creating a new one. It would include elements ranging from lifestyle needs and new ventures (often the case with entrepreneurs) to the management of assets and philanthropic activities. Within this, setting financial goals for managing assets should involve the core elements of profiling, like return expectations, risk tolerance, time horizon, liquidity needs, tax considerations, etc.
Finally identify a team of trusted advisors who can bring the right depth and breadth of expertise to meet your needs. The process can be daunting, but investing time in it can have an asymmetric payoff. Seek multiple opinions, including from those in similar situations.
Registered Office: COWRKS, Level 3, Birla Centurion, Century Mill Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400030 Contact number: +91 22 6288 6100 | CIN: U74140MH2015PTC264932
COWRKS, Level 3,
Birla Centurion, Century Mill Compound,
Pandurang Budhkar Marg, Worli, Mumbai - 400030
Contact number: +91 22 6288 6100
| CIN: U74999MH2017PTC302008 |
Real Estate Regulatory Authority License no. (A51900011805)
For any grievance or disputes please contact us at the above address and phone number or send us an email to firstname.lastname@example.org. In case you are not satisfied with the response, you may contact the stock exchanges directly: (NSE) Tel: +91 22 2659 8190 / 1800 2200 58 (Toll free) or Email: email@example.com; (BSE) Tel: +91 22 2272 809 or Email: firstname.lastname@example.org.
Filing complaints on SCORES – Easy & Quick a. Register on SCORES portal b. Mandatory details for filing complaints on SCORES I. Name, PAN, Address, Mobile Number, E-mail ID c. Benefits: I. Effective communication II. Speedy redressal of the grievances
Trading and investments in Securities are subject to market risk, there is no assurance or guarantee of returns. Please read the PMS Disclosure Document, Risk Disclosure Document and Do's & Don'ts prescribed by the Exchanges and Mutual Fund Offer Documents carefully before investing
Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No need to worry about the refund either, as the money remains in the investor’s account. Prevent Unauthorized Transactions in your demat and broking account −> Update your mobile numbers/email IDs with your stock brokers and depository participants. Receive information of your transactions directly from Exchange & NSDL on your mobile/email at the end of the day..... Issued in the interest of Investors. (Ref Circular No : NSE/INSP/27346, BSE/ 20140822-30, NSDL 2014/94/97 & 2015 / 104). KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.