Financial planning is a systematic approach to making a plan for what happens to your financial assets and property, addressing your loans and liabilities and choosing the right guardian for your children.

Tax planning is the analysis of one's financial situation from a tax efficiency point of view so as to plan one's finances in the most optimized manner.Tax planning allows a taxpayer to make the best use of the various tax exemptions, deductions and benefits to minimize their tax liability over a financial year.

Retirement planning is a part of the overall financial planning process and it enables a person to enjoy the desired post-retirement lifestyle. When you stop earning, you would certainly want to maintain nearly the same standard of living.

Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation-skipping transfer, and income tax.

Asset management is the direction of a client's cash and securities by a financial services company, usually an investment bank. The institution offers investment services along with a wide range of traditional and alternative product offerings that might not be available to the average investor.

Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.