NDB Wealth, having studied and identified the gaps in the market for wealth management solutions, has shared an action plan to enable prudent financial planning, which can have an impact on the lives of investors as well as their immediate families.
“Reviewing savings and investment accounts are vital to ensure they are in the right place and that your risks are controlled. Doing this on your own can be a challenging task to most individuals, both in terms of time and money. Funds sitting idle in a savings or a current account will not bring any long term benefit. Having the right wealth manager or investment adviser will help you make a prudent savings plan. Seeking the assistance of an expert financial advisor like NDB Wealth can help you to make sound decisions. Moving funds to a money market such as NDB Wealth Money Plus account will be one positive option,” the company said in a media release.
NDB Wealth also recommends that individuals look at the following areas to ensure financial planning is carried out efficiently. Advice and assistance can be sought from relevant persons as required.
“Financial planning and fund management is increasingly playing a critical role in the life of every person. Whether you are planning for your retirement or are saving for a rainy day, it’s important to know that you are doing the right thing for yourself, your family or even your business,” said Indika De Silva, Assistant Vice President – Investment Management.
Commenting further, he said, “At NDB Wealth, our team of Relationship Managers are backed by a strong investment team who are continuously monitoring investment conditions in the market, understands the client’s needs through careful and thorough analysis and identifies the core purpose and supports the client plans on saving or investing by advising the client on the best savings or investment solution taking into consideration the potential risks associated with the investment. NDB Wealth management plays a very important role in managing such conditions that may impact clients negatively.”
Money Plus, a Money Market Fund, from NDB Wealth is an ideal savings plan with a current yield of 7.10 per cent (as at October 8) which will help individuals and families meet their short term and long term financial goals.
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