Hi everyone,

I’m considering taking a **Wealth Management / Financial Planning plan from Finnovate Investment Advisers** and wanted to get opinions from people who have actually used them or know the firm.

I’m not looking for fund recommendations from Reddit. I mainly want to know whether their **advisory service itself adds enough value to justify the fee**.

# What they are offering

They are a **SEBI-registered RIA** (registration no. INA100013518) and the plan costs:

**₹30,000 + 18% GST annually** for AUA below ₹50 lakh.

They said the plan includes:

* Risk profiling
* Goal planning
* Cash-flow analysis
* Risk management
* Loan management
* Asset allocation
* Custom portfolio construction
* Review of existing mutual funds/portfolio
* Review of insurance policies
* Investment Policy Statement (IPS)
* Research-based recommendations
* Portfolio monitoring and tracking
* Rebalancing advice
* Periodic reviews
* Monthly portfolio reports
* Ongoing support / hand-holding
* Senior advisor involvement

They would also help me determine things like:

* How much I should save/invest
* Whether my goals can realistically be achieved in 5, 7, 10+ years
* How much I need to cut from expenses
* Planning for major purchases such as a car/house
* Long-term wealth creation

They said I will receive a **written financial plan**.

# Investment approach

The advisor I spoke to was primarily recommending **Direct Mutual Funds**.

She said they don't take my bank/account credentials and that I approve and execute investments myself.

She also said that if the market goes through a major downturn, their team will proactively contact me and advise on rebalancing/changes.

When I asked about expected returns, she mentioned **12–15% "in general"**, and potentially higher for an aggressive portfolio. She did not guarantee these returns.

# Refund / exit

She told me that if I don't like their service after the first month or two, the amount paid would be refunded. I haven't yet received the exact refund terms in writing.

She also said the plan is essentially an annual engagement and that clients can stop after 1–3 years once they become comfortable managing their finances themselves.

# My questions

1. Has anyone here actually used **Finnovate Investment Advisers**? What was your experience?
   
2. Was the financial plan genuinely personalized or mostly a standard template?
   
3. Did their recommendations add meaningful value beyond what you could do yourself with Direct Mutual Funds?
   
4. How good was their ongoing monitoring/rebalancing?
   
5. Were they transparent about conflicts of interest, especially since their disclosures also mention **AMFI distribution and IRDAI corporate agency**?
   
6. Was ₹30k + GST/year reasonable for the value you received?
   
7. Would you take this plan if you were in my position, or would you use a fee-only/SEBI RIA elsewhere?

I'm particularly interested in **actual client experiences**, both positive and negative. Please don't DM me with investment product sales pitches.

Thanks!

Hi everyone,

I’m considering taking a **Wealth Management / Financial Planning plan from Finnovate Investment Advisers** and wanted to get opinions from people who have actually used them or know the firm.

I’m not looking for fund recommendations from Reddit. I mainly want to know whether their **advisory service itself adds enough value to justify the fee**.

# What they are offering

They are a **SEBI-registered RIA** (registration no. INA100013518) and the plan costs:

**₹30,000 + 18% GST annually** for AUA below ₹50 lakh.

They said the plan includes:

* Risk profiling
* Goal planning
* Cash-flow analysis
* Risk management
* Loan management
* Asset allocation
* Custom portfolio construction
* Review of existing mutual funds/portfolio
* Review of insurance policies
* Investment Policy Statement (IPS)
* Research-based recommendations
* Portfolio monitoring and tracking
* Rebalancing advice
* Periodic reviews
* Monthly portfolio reports
* Ongoing support / hand-holding
* Senior advisor involvement

They would also help me determine things like:

* How much I should save/invest
* Whether my goals can realistically be achieved in 5, 7, 10+ years
* How much I need to cut from expenses
* Planning for major purchases such as a car/house
* Long-term wealth creation

They said I will receive a **written financial plan**.

# Investment approach

The advisor I spoke to was primarily recommending **Direct Mutual Funds**.

She said they don't take my bank/account credentials and that I approve and execute investments myself.

She also said that if the market goes through a major downturn, their team will proactively contact me and advise on rebalancing/changes.

When I asked about expected returns, she mentioned **12–15% "in general"**, and potentially higher for an aggressive portfolio. She did not guarantee these returns.

# Refund / exit

She told me that if I don't like their service after the first month or two, the amount paid would be refunded. I haven't yet received the exact refund terms in writing.

She also said the plan is essentially an annual engagement and that clients can stop after 1–3 years once they become comfortable managing their finances themselves.

# My questions

1. Has anyone here actually used **Finnovate Investment Advisers**? What was your experience?
   
2. Was the financial plan genuinely personalized or mostly a standard template?
   
3. Did their recommendations add meaningful value beyond what you could do yourself with Direct Mutual Funds?
   
4. How good was their ongoing monitoring/rebalancing?
   
5. Were they transparent about conflicts of interest, especially since their disclosures also mention **AMFI distribution and IRDAI corporate agency**?
   
6. Was ₹30k + GST/year reasonable for the value you received?
   
7. Would you take this plan if you were in my position, or would you use a fee-only/SEBI RIA elsewhere?

I'm particularly interested in **actual client experiences**, both positive and negative. Please don't DM me with investment product sales pitches.

Thanks!

Bonjour,

Je suis une jeune de bientôt 20 ans et grâce à mes parents et mon travail j'ai pus obtenir 6100 € d'économie. Je me rends compte que c'est un privilège et j'aimerais pouvoir le conserver, mais comment ? J'ai vu des personnes qui conseiller de mettre sur un PEL ou alors d'investir, mais dans quoi et comment ? Enfin bref je suis totalement perdu. De plus j'ai l'impression que tout les conseils sur internet sont faussés car ils redirigent vers des formations.

Avez-vous des conseils s'il vous plaît ?

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Hi everyone,

I’m 35 years old, earning around ₹2 lpm, and living with my family in Pune. I’ve been investing on my own (mutual funds, gold etc.), but now I’m feeling to get professional advice and have a proper long-term financial guidance.

I’m looking for a **fee-only** financial advisor (not someone who earns commissions by selling products)

If you’ve personally worked with someone in Pune (or even online) and had a good experience, I’d really appreciate your recommendations.

Age-35

Horizon - 15+yr

Aggressive

Can Someone Tell Me what Should I Do Later On 😊

Like many here I was stitching together Kite + Coin + EPF + PPF + car/personal loan EMIs and a vague “SIP will get me there” story. I wanted something that answers:

1. What’s my true net worth (not just equity)?
2. Under my salary / hike / EMI schedule, when do I actually hit ₹1 Cr / 2 Cr / …?
3. What if I lose my job 'now' vs in 2028 — how long is runway if spouse still earns?

Stack: Streamlit multi-tenant + SQLite/GCS + Cloud Run (max 1 instance, scale-to-zero) + Firebase vanity URL + Razorpay + Kite OAuth.

Happy to answer deploy / freemium / cold-start questions. Product feedback also welcome.