An important notification regarding our engagement for your financial well being

[Deepa Nittala]

Hi , 

Firstly my apologies for the interim silence last couple of months . While you must be wondering if this means I have taken a step back from servicing , would just like to update you of some important developments which I had been working on the background and  is aimed at bettering your experience . 

As you know , we had started our journey with a financial planning exercise to make our saving and investment patterns more meaningful and effective in goal achievement . The plans had helped us wonderfully in bringing our focus to the hard earned money which was growing , but without a defined purpose. 

Planning is an important aspect . But there are a few more things which are equally important in maintaining our focus and ensure achievement . 

1. A good tracking and monitoring process : which could give us a time to time overview of our progress vis a vis the action plan for the year

2. A review mechanism : which could take care of our changing financial situation and help us better our action plan time to time .

3. Most importantly an advisor who is time to time updated with the latest know-how and tools available for better planning. 

FY 2016-17 has been so far an year of introspection for me. I have not taken up any new clientele from APR'16 to ensure that I will first work upon the above 3 areas which could help me service you better . In this process , below are the steps I took and some of them are in their final leg of conclusion . 

My apologies, that I should have notified you before , but ideas are better communicated when they find their desired conclusion and I am sure you will agree with me. 

1. I have spent some time to identify and review some of the best software providers available in market to enable us with the tracking and monitoring process . I decided on a platform , which can help us in tracking all financial investments that you have in your kitty ( MF,Shares,FD/PPF/Bonds/Gold/Real estate etc) at one place.Technology is today's dire necessity .

2. Setting up a separate company (LLP)  , independent of my financial advisory practice  , which could help in execution and implementation of investment strategies with minimal paperwork and even if you have used any other platform for investing , we could track them using the above platform . The company formation is in process for last 1 month , documents submitted and awaiting a go ahead from Ministry of Company Affairs . Post approval , we will be able to activate the above tracking platform on the company's name.( should be active in coming 2-3 months) 

3. To generate more financial awareness, this company will also be involved in Financial literacy workshops to empower people with effective financial decision making tools and required know-how. 

4. I sincerely believe that as you grow in wealth , your financial advisor must grow in knowledge to be able to advise right at all times.Financial Advisory  is one of the most stringently regulated areas here and there are a number of registrations and certifications in place to ensure our work is driven with lot of expertise. Your advisor , that is me , is very serious about the regulations in place and also a step beyond . While I was a Certified Personal Financial advisor while I interacted with you , I have upgraded myself with some  certifications , suggested but not mandated in our field. 

• I am now   Investment Advisor Level 2 Certified 
• I cleared 4 modules of CFP - Investment planning, Insurance Planning, Retirement planning and Tax planning. ( Certified Financial Planner ,accredited by Financial Planning Standard Board of US recognised in 18 countries) . 
• I am in the Final leg of this certification and should clear it this month . (There are only about 80  certified CFP's in Hyderabad , and approx 4000 in India , but most of them working with banks and NBFC's. Very few advising clients on independent basis) 
• I have also enrolled for CWM ( Certified wealth Manager - accredited by AAFM - American Academy of Wealth Management) - which should help me with knowledge of all investment products(simple and complicated)  inorder to assist you at all stages of growth. (only 7000 Certificants in India) 

The tough examination pattern forced me into isolation for the last 2 months else it was difficult to focus and clear the same. 

While I wanted to communicate to you directly with the good news of certifications and  the incorporation of company , these are taking  some time and any more silence could be detrimental . 

I thank you for your faith and patience in me and will be back to you very shortly with the complete update and looking forward to personal meetings. 

Wish me Luck in this critical big leap in my career . With an assurance that I will not disappoint you and shall make up for the little lost time very soon !!

Thanks

Best regards

Deepa