Goal-Based Financial Planning With a Long-Term Approach
Financial planning isn't just about selecting investments. It starts with understanding your financial position, responsibilities, goals, time horizon, and ability to take risks.
Discuss Your Financial Goals →Varun Hiremath is a Founder and Managing Director of Fair Deal Wealth Advisors, a firm that assists individuals and families in a more organized manner when making financial choices.
We focus on financial awareness, goal-based planning, and long-term thinking.
From a beginner to someone looking for large life goals or someone who is already invested and wants to check in, the goal is to better understand your finances and to create a plan of action.
Financial planning is about knowing where you're at, where you want to go, and having a plan of how to get there.
The purpose is not to predict exactly what financial markets will do. It is to create a clearer framework for making financial decisions.
A financial plan can consider areas such as:
People often make financial decisions separately. One investment may be made for tax purposes. Another may be selected because of recent market performance. A third may have been recommended by someone else.
Over time, this can create a collection of financial products without a clear overall strategy.
Financial planning takes a different approach. It starts with the goal. Once the goal, time horizon, and circumstances are understood, appropriate financial options can then be considered.
Fair Deal Wealth Advisors offers a variety of financial planning and investment distribution services, as appropriate, and is registered and regulated accordingly.
Most people have multiple financial objectives — buying a home, children's education, an emergency fund, long-term wealth, retirement, or major family expenses.
Instead of asking "Which investment should I buy?" the process begins with "What am I trying to achieve?"
Not every mutual fund is appropriate for every investor. We help clients weigh investment objective, risk profile, horizon, liquidity, asset allocation and goals before making a choice.
A Systematic Investment Plan (SIP) helps investors cultivate consistency, though it is not a guarantee of returns. SIP planning is linked to a wider financial goal, not treated as a standalone choice.
PMS products can involve different strategies, styles, costs and risks. We assist with PMS distribution subject to eligibility, fees, liquidity and applicable regulatory requirements.
The objective is not simply to select individual investments but to understand how equity, debt, cash and other categories work together within the overall plan.
Income, family responsibilities, goals and markets all change. A structured review examines existing investments, allocation, objectives, risk exposure and goal alignment.
We help estimate future financial requirements considering retirement age, lifestyle, inflation, healthcare and existing retirement assets.
Household expenses, education, insurance, investments, home purchases and retirement are brought into one broader family framework.
The objective is not simply to provide financial information, but to make budgeting, saving, debt, investing and diversification understandable enough to act on.
Fair Deal Wealth Advisors is helmed by the Chartered Financial Analyst and the Chartered Charitable Trustee, Varun Hiremath, who brings over 17 years of experience to the table in the realms of financial media, investment research, and financial services.
Prior to his entrepreneurial journey and wealth advisory career, he had experience with ET Now and Girik Capital, according to his official professional profile.
Explore Varun Hiremath's Career →Begin with the individual's circumstances and financial goals.
Make financial concepts easier to understand.
Consider financial decisions within a broader long-term framework.
Financial planning should begin with the individual. Before considering an investment, it is useful to understand questions such as:
What are your goals?
When will you need the money?
What financial responsibilities do you currently have?
How much investment risk are you comfortable taking?
What investments do you already hold?
Only after understanding these factors should financial options be evaluated. This is the basis of Fair Deal Wealth Advisors' client-focused approach.
Review relevant financial information, existing investments, responsibilities and priorities.
Identify short-, medium- and long-term financial objectives.
Consider the investment uncertainty you're comfortable with and when the money may be required.
Consider suitable financial strategies according to your objectives and circumstances.
Proceed with relevant financial products or actions where appropriate and within regulatory requirements.
Revisit the plan periodically as circumstances, goals or market conditions change.
Financial planning can be relevant across different stages of life. The appropriate strategy will depend on each person's circumstances.
Begin developing financial habits, emergency savings and long-term investment plans.
Coordinate education, housing, investments and retirement goals.
Consider personal financial objectives alongside business responsibilities.
Plan for children's education and other long-term family requirements.
Evaluate retirement requirements and existing financial resources.
Review financial resources, liquidity requirements, and long-term financial needs.
Starting Early Can Make Planning Easier
The beginning of a professional career is often when people start making independent financial decisions.
Starting early provides more time to understand financial decisions and build consistent habits. The objective does not need to be complicated — a structured beginning can be more valuable than waiting for the "perfect" time.
Managing Multiple Goals Together
There may be multiple financial goals in a family's mind at once — the immediate costs of the household, as well as long-term plans such as education, house loans, and retirement.
Financial planning assists in drawing together these goals and allows them to be considered under one umbrella, helping identify what to prioritize now and what can be pursued later.
Think Beyond a Retirement Number
Retirement planning is not simply about accumulating a particular amount. The plan also needs to consider how future expenses may change and how long retirement resources may need to last.
Important factors can include:
Financial discussions begin with individual goals and circumstances.
Our approach emphasizes helping clients understand financial concepts and decisions.
Planning focuses on long-term objectives rather than short-term market predictions.
Financial strategies can be reviewed as circumstances and objectives change.
A professional journey spanning financial media, research, and wealth advisory.
Making Finance More Accessible
Fair Deal Wealth Advisors also highlights financial-literacy activities as part of its broader approach.
Sessions can be designed for audiences such as students, professionals, and community groups.
Explore Varun Hiremath Public Speaking & Events →The investment carries risks, such as the risk of losing the invested capital. The history of performance is no indicator of future performance.
Before making an investment in a mutual fund or PMS, it is best to look through the scheme/product document, risks, costs, and your individual circumstances.
The information contained on this page does not constitute an investment guarantee or financial results. Fair Deal Wealth Advisors' regulatory capacity for providing or distributing financial products is clearly communicated on this website, including relevant regulatory information.
Common questions about financial planning services from Fair Deal Wealth Advisors.
Financial planning services assist others in considering their monetary standing, setting objectives, and establishing a strategy for investing and other monetary priorities.
Financial planning may be helpful for young professionals, families, business owners, parents, people on the verge of retirement, and others who wish to plan their finances in a more systematic way.
This site is a reference to one of the areas that Fair Deal Wealth Advisors operates under. The status of the product and its respective registration should be clearly indicated.
This website shows PMS distribution among its services. Before investing, investors need to take the time to read through the eligibility requirements, risks, and product documentation.
Goal-based planning begins with a clear financial goal such as education, retirement, and/or buying a home, and then a financial plan is created based on the goal, time frame, and individual situation.
There is no such thing as too little investment capital to plan a financial investment. It can start with knowing about your income and expenses, your savings, your responsibilities, and your dreams for the future.
The distribution of investments among asset classes based on objectives, risk, and investment time horizon is known as asset allocation.
There's no standard timetable. Plans may be suitable for review if the financial situation or objectives change, or regularly to check if the strategy is still on track to achieve goals.
No. Investments come with their own risks, and there is no guarantee of returns. There are various investment products with varying risks and forms of risk.
Varun Hiremath is a finance professional and entrepreneur with Fair Deal Wealth Advisors. He currently has experience in financial media, research, and wealth advisory.
Continue exploring the people and philosophy behind Fair Deal Wealth Advisors.
Financial planning begins with understanding where you are today and identifying what you want your finances to help you achieve.
Explore Fair Deal Wealth Advisors' approach to financial planning and learn more about the professional journey of Varun Hiremath.