Financial planning for clients who are self-employed

Globally, India has the second largest number of freelance workers after the United States with more than 15 million individuals working on their own in diverse sectors. However, people who are self-employed are not entitled to employee benefits like the salaried workforce. Hence, financial advisors who have self-employed clients must take the following steps to…

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Why should advisors rebalance portfolios of their clients periodically?

Different asset classes go in various directions over a time period. Market conditions have an effect on asset allocation. When markets pick up, investors increase their equity allocation or reduce it when markets correct. This can change the asset allocation and moreover, affect the returns. Therefore, it is vital for financial advisors to rebalance their…

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