Abstract

The case study discusses the financial planning of a high networth (HNI) individual, Dr. Vimal Kumar Srivastava. Dr. Srivastava was looking for a financial advisor who could help him develop a financial strategy for his business plan, savings, investments, and retirement from government service. He also wanted the advisor to evaluate his current financial status and prepare a financial plan for him for the next nine years keeping his requirements in mind. The case study provides material for a discussion on ‘Personal Financial Planning’ for HNIs including ‘Client Profiling’.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Analyze the issues and challenges of personal financial planning
• Understand the issues involved in client profiling
• Debate on financial investment based on a client’s requirement

Keywords

Wealth management, advisor, High Networth Individuals, Assets, Liabilities, Fixed deposit, PPF, Equity Linked Schemes, Bonds, Alternative Investment, Gilt Schemes, Equity share, Salary, Business plan, scholarship