Financial Planning, Simple and Pragmatic
Welcome to VivekTaru. I am Swapnil Kendhe.
I am a SEBI Registered Investment Adviser (RIA) and a
Fixed-Fee Financial Planner.
‘VivekTaru’ is a Marathi word meaning ‘The Wisdom Tree’.
I chose this name for my website because everything boils down to wisdom in investing and money management.
I work on Education + Financial Planning model. I believe that my primary job as a financial planner is to educate my clients about the basics, principles, and practicalities of money management; so that they become capable of managing their money on their own.
I help my clients set their financial house in order and
align their savings and investments with their financial goals and aspirations.
I follow the Defensive-Passive approach of investing as described by Benjamin Graham in his investment classic ‘The Intelligent Investor’.
In this approach, we construct permanent portfolios which can majorly run on autopilot and require little further effort. The emphasis is on avoiding serious mistakes or losses and to be free from effort, annoyance, and the need for making frequent decisions.
I give advice based on the understanding that financial planning is all about the future and the future is unpredictable. There could be lucky as well as unlucky outcomes in the future. I believe that the financial plan should withstand and survive unlucky outcomes; not just rely on lucky outcomes.
After spending over thirteen years studying and exploring personal finance and investing, I have realized that outcomes are not in investor’s or adviser’s control. No investor or adviser can find the best-performing fund of the future unless he/she is lucky.
The role of an adviser is to help his clients focus on the process, follow time-tested principles and practicalities of investing, and avoid common investing pitfalls, since it leads to much better outcomes than focusing only on returns.
I keep things simple in life and in financial planning. Simple is more sophisticated in financial planning.
If you are looking for an unbiased, simple, pragmatic, and peaceful approach to financial planning, and if you want to learn to become a capable DIY (Do It Yourself) investor,
you have arrived at the right place.
Background
Guest article on freefincal · March 2018
Fee-only advisor journey: Swapnil Kendhe’s successful transition into a SEBI RIA
Interview on Morningstar
LIC agent turned fee-only RIA
Fixed-Fee
I charge a flat fee for advice,
based on the effort involved, not linked with assets of the client.
No Commissions
I do not receive any commissions or incentives.
Clients pay a fee for advice and invest in commission-free products, such as direct mutual fund plans.
No Conflicts
The fixed-fee model eliminates conflicts of interest inherent in
commission-based and AUA (Assets under Advice) fee models.
This allows me to provide
unbiased, objective, and comprehensive financial advice.
Fiduciary
As a SEBI-registered investment adviser, I have a fiduciary responsibility to act in my clients’ best interests, above my own.
Experienced
13+ years of experience in financial advisory
Worked with 600+ client families
Podcast Appearances
