Comprehensive Financial Plan

COMPREHENSIVE FINANCIAL PLAN — REGULATORY FRAMEWORK

1. SEBI (INVESTMENT ADVISERS) REGULATIONS, 2013

Where preparation of a comprehensive financial plan constitutes investment advice given for consideration, the engagement falls within the scope of the SEBI (Investment Advisers) Regulations, 2013. Under these Regulations, any person advising clients on investment in securities for a fee is required to be registered with SEBI as an Investment Adviser.

2. FEE-ONLY MODEL

Registered Investment Advisers must operate on a fee-only basis for advisory services — charging clients directly for advice rather than earning product-linked commissions on the investments recommended — so that the advice given remains free of distribution-related conflicts of interest.

3. REGISTRATION VALIDITY

SEBI registration as an Investment Adviser under these Regulations is valid for a period of 5 years, subject to renewal in accordance with SEBI's prescribed process.

4. OUR SCOPE

HRG's comprehensive financial planning engagement is structured within this fee-only advisory framework — covering cash-flow and goal-based planning, risk assessment, and investment recommendations — with the specific SEBI registration status and scope of advice applicable to a given engagement confirmed at the time of onboarding.

Note: SEBI has periodically amended the eligibility and registration requirements applicable to Investment Advisers; clients should confirm the current requirements directly against SEBI's official notifications at the time of engagement.

A comprehensive financial plan is a goals-based blueprint for an individual's money — investments, insurance, tax, cash flow and retirement — built as one system rather than a collection of products. The Income Tax Act 1961 supplies the tax architecture: the deductions of Sections 80C to 80U for investments, insurance and education, the choice between the old and new tax regimes under Section 115BAC, and the planning that keeps investment returns efficient. The plan coordinates all of it against the individual's actual numbers and goals.

The plan works because it sequences decisions. Emergency fund before equity; insurance adequacy before aggressive investing; tax-efficient asset location across Section 80C instruments and beyond; retirement corpus sized to the monthly shortfall; and the estate picture that decides who inherits what. Each element is small alone; the plan is what makes them add up to a coherent financial life.

Without a plan, individuals make the standard expensive choices: insurance bought because a relative sells it, equity bought without the emergency buffer, tax saved with instruments that do not fit the goals, and retirement funded by whatever is left at the end of the month. The cost shows up not as a single failure but as a decade of underperformance — a retirement corpus short by the exact amount the fees and the misallocation consumed.

This service is for salaried professionals, business owners and families who want their money managed as a system. We map your income, expenses, assets, liabilities, insurance and goals, model your tax position across regimes under Section 115BAC, build the investment and insurance allocation, size the retirement corpus, and review the plan annually as life changes.