Kochi: Kerala’s first fee only financial planning company, Progno Financial Planning, has made its mark on the cyberspace. The official website of the Kochi based Progno Financial Planning Systems, prognofp.com, was launched by S R Nair, President of Kerala Management Association and also MD, Team Frontline, at Kochi on December 01, 2012. The interactive website provides comprehensive information and advice on financial planning.
The most important feature of the website is that, it provides questionnaire such as “Should I require Life Insurance Planning?” and “Are you in Debt trap?” Once the user submits the answers, a short advice will appear on the screen stating if the user really requires that service or not. If the user provides her email id, then she will get a detailed report based on her answers to the questions. The site also has an interesting blog named ‘Know How’ where a user can read interesting articles on managing their finances.
According to Sanjeev Kumar, Founder & MD, Progno Financial Planning Systems, “Unlike other investment advisory and wealth management firms, Progno does not sell any financial products like mutual funds or life insurance. It only provides advice based on the financial planning process for a fee. Progno does not earn commission or brokerage income from any product manufacturer. Progno thus ushers in a new era of providing financial advice independent of product sales.”
Founded earlier this year, Progno Financial Planning Systems (P) Ltd is Kerala’s first and only independent fee only personal financial planning company founded by Sanjeev, who is one of the top Certified Financial Planners in India. His experience spans the various fields of finance spanning across capital markets, investment research, personal financial planning, financial modelling, Insurance and financial software development.
Apart from Comprehensive Financial Planning, the company provide financial advice to individuals on debt management, investment planning, insurance planning, retirement planning.
Kerala IT News