Overview

What is FP Samurai?

Adopting Financial Planning as profession is becoming increasingly popular in developed countries all over the world. India is growing fast as one of the home of Richer Middles class and Millionaires, this fact attracts Financial Advisors/Agents developing them self as Financial Planner and one more trend has been seen in Financial Market that now professionally qualified people like CA & MBA are adopting this career “by choice”.

But being only educated in Financial Planning and working without Financial Planning tools cannot establish them as successful Financial Planner because it is something like if you ask a Mechanical engineer graduate from best engineering institute to open your car engine without any tools, although he know everything about car engine but tools are the facilities which help them to make things possible, many new Financial Planner use MS Excel to create financial plans but due to limitations (as excel is generalized tool) they couldn’t cross 25 Financial Plans and things starts looking gray from technical side because Financial Planning is not one time deal, it’s a process of Plan creation, Timely Review, customizing plan according to client’s need, customizing Excel for different clients makes more complicated and increase chances of errors and miscalculations.
FP Samurai is a one stop solution for all Financial Planner’s need, it’s a most user-friendly, powerful, robust, customizable, Financial Planning software tools which financial planner every desired.

Differentiating factors of FP Samurai:

• Created with practical Approach especially for “Indian” Clients.
• Consulted by Team of CFPs, CAs, MBAs, having combine Work Experience of more than 100 years.
• More focus on simplicity with comprehensiveness to address client’s need.
• Huge plan storage capacity because you may review plan of a single client 100 times in next 10 years.
• It’s Online: Access from anywhere any time, no geographical limitation.
• Unique 6 Methods for Life Insurance Need Calculation.
• Self Developed ‘PERP Method’ to calculate exact amount of monthly pension at the time of retirement.
• Retirement Corpus utilization table to make clients comprehend the post retirement cash flow scenario.
• Ample space to add products suggestions and recommendations in the plan.
• PDF Conversion & storage faculty.

Our Financial Planning Approch

Step 1 : Clarify Your Present Situation
The financial planner clarifies your present situation by collecting and assessing all relevant financial data such as lists of assets and liabilities, persona/family information, records of securities transactions, insurance policies, will, pension plans, etc.

Step 2 : Identify Goals and Objectives
The financial planner helps you to identify both financial and personal goals and objectives as well as clarify your financial and personal values and attitudes. These may include providing for children’s education, supporting elderly parents or relieving immediate financial pressures which would help maintain your current lifestyle and provide for retirement. These considerations are important in determining the best financial planning strategy for you and your family.

Step 3 : Identify Financial Problems
The financial planner identifies financial problems that create barriers to achieving financial independence. Problem areas can include too little or too much life and general insurance coverage. Your cash flow may be inadequate, or the current investments may not be winning the battle with changing economic times. These possible problem areas must be identified before solutions can be found.

Step 4 : Recommendations
The financial planner provides written recommendations and alternative solutions. The length of the recommendations will vary with the complexity of your situation, but they should always be structured to meet your needs without undue emphasis on purchasing certain investment products.

Step 5 : Implement Strategies
A financial plan is only helpful if the recommendations are put into action. Implementing the right strategy will help you reach the desired goals and objectives. The financial planner should assist you in either actually executing the recommendations, or in coordinating their execution with other knowledgeable professionals.

Step 6 : Monitor and Review
The financial planner provides periodic review and revision your financial plan to assure that the goals are achieved. Your financial situation should be re-assessed at least once a year to account for changes in your life and current economic conditions.

Product Features Overview

Capture Client’s Information:

FP Samurai provides you a user friendly panel in which you can enter Personal information, Family & Dependents, Income & Expenses, Goals & Liabilities and Assets & Policies details.

Also you can:

• Determine Multiple Goals (Short Term / Medium Term/ Long Term goals)
• Determine Current Cost of Every Goal
• Determine Time Frame for Achievement of Goals
• Allocate Inflation and Portfolio Returns applicable to each goal
• Protect Goals with Life Insurance
• Make arrangement for contingency fund
• Calculate accurate pension amount by PERP Method
• Aggregate all Current Investments, Other Assets and Liabilities to arrive at Current Net worth
• Assessment of each goal with product suggestions
• Assessments of Need Based Insurance cover
• Summary of Recommendations and Options to Cover Gaps
• Action Plan to Proceed
• Review: Investment Returns and % in terms of Asset Allocation
• Review: Goals: Costs, Time Frame, Inflation & Expected Returns
• Review: Life & Health Insurance: Coverage and Risk

Other Features

• Internet based
• SSL Secure, till 128 bit encryption
• Supports multiple browsers. Internet Explorer, Moziller, Google Chrome
• Disaster Recovery Solution Daily Backups Provided

Financial Plan Overview

• Highly Professional Layout and Design
• Step by Step Approach – Financial Planning
• Establish Facts, Goals, Resources and Analysis and Recommendations
• Graphical / Tabular Presentation
• Convert Financial Plan in PDF Format & save it client wise

Primary Financial Plan:

A Primary Financial Plan something like Diagnosis Report for a Doctor. Now the Financial Planner’s work starts here, you can add recommendations, Suggestions & solutions for improvement in financial health and on different Goals, Will Creation, Asset Allocation, Life Insurance, Health Insurance, Retirement Planning etc.

Table of Contents

It will help you and your clients to view the areas covered in the financial plan.

Define Fee Structure

This is a part of “Letter of Understanding”, It is always recommended to agree with a client on a fee structure in various heads and signed it up to avoid any confusion in future.
The Fee structure is generated along with “Letter of Understanding”, it will be saved with Financial plan, So that you can view or review any time in future.

Suggest a ‘Will’.

This page will be added when you click on the check box in the personal information under head “Suggest a Will”.

Income & Expenses

This is one sight view of client’s entire monthly income and expenses with pie chart. When you have to suggest on expense cutting it is always better to have a expenses distributed view for better understanding.

Asset Liability & Networth

Your Doctor always ask about what drugs you are already taking before prescribing new one, same way you must analyze current asset allocation and till what extend these asset can help clients in achievement of goals.

Liabilities & Networth Analysis

Liabilities Analysis sheet give a brief overview on EMI out flow, total outstanding, rate of loan and liability holder which is useful in taking various decisions regarding priority in loan repayment.
The Net Worth Shows How Much Money Would be left if Everything Owned was converted into cash and used to pay off all debts.

Ratio Analysis

Ratio Analysis helps you in finding symptoms of Financial Disease, so that you can take corrective actions on time to improve in the same.
Ratio Analysis includes

1. Reserve/Surplus Ratio
2. Saving to Surplus Ratio
3. Debt to Income Ratio
4. Liquid to Networth Ratio
5. Solvency Ratio
6. Debt Asset Ratio

Asset Allocation Analysis

Asset Allocation analysis forms the foundation of any financial plan. In fact, determining the right mix of stocks, bonds, cash and other asset classes may be your one of the most important investment decisions.
Before reaching any concrete decision it is must to analyze what client already owned, FP Samurai provide analysis on Asset Allocation, Return Efficiency level, Expected Return Delivery, Asset Liquidity Level.

Life Insurance Analysis

A financial plan should cover all areas of your financial needs and should result in the achievement of your goals. The scope should cover areas such as risk management and insurance techniques that would protect your goals against any unforeseen calamity.
We Provide 6 Methods of Life Insurance Need Calculation which gives you scope to protect Income, outstanding loans, Goals & Expenses etc.
Recommendations
Life Insurance need Calculation is like diagnosing the patient and finding the deficiencies, but main part of solution is to suggest the medicines, in same way life insurance analysis will calculate the sum assurance amount but in Recommendation section you can suggest the scheme name, type, sum assured, yearly Premium and tenure, also you can add multiple policies and reason to suggest the policy in the last.

Health Insurance Analysis

Health Insurance is one of the important factor of financial planning for your client. In the recent survey, it shows that India has the highest number of diabetes patients in the world.
This section not only provide the health insurance need details but also give you panel to add policy details and recommendation which will be saved permanently in your desk.

Goal Plan Analysis and Recommendations

Goal Planning section give a separate roadmap of your each goal with Advisor’s Recommendations, Goal planning also includes “This Goal has Been PROTECTED” Seal if the goal is insured by Client.
Goal Planning Includes following Goals:
- Child Education
- Child Marriage
- Retirement Planning
- House & Car Planning
- Holiday Planning
- Self Education & other Goals

Retirement Planning With Post Retirement Cash Flow and Recommendations

Retirement is a very important Goal in Financial Planning, Client wants a fool-proof pension plan with cash flow statement till the end of life.
Retirement Planning Includes:
- Find how much pension required with the help of PERP Method.
- Gives a corpus needed to form a retirement kitty.
- Gives Complete retirement amount utilization cash flow that will be near to zero at the end of life.

Financial Plan Storage

Software has storage area with unlimited capacity which can save all Financial Plans of clients from First plan to each review and there is one click email sending panel which will send an well drafted email to your client with attached Financial Plan in PDF Format.

Overview

Some of the content about Financial Calculators

Dynamic Calculators

SIP Past Performance

STP Past Performance

SWP Past performance

Lumpsum Planning

Dividend History

Income Tax Calculator

Human Life Calculator

Delay Cost Calculator

SIP-O-METER

FUND PERFORMANCE

Basic Calculators

SIP Calculator

EMI Calculator

Lumpsum Calculatore

Child Education Calculator

Child Marriage Planning

Retirement Planning Calculator

Sensex Chart