What are the types of internal audits?

Internal audits can include operational audits, compliance audits, financial audits, forensic audits, IT audits, and environmental audits.

What are the key standards in internal audits?

The key standards include independence, objectivity, proficiency, quality assurance, and communication.

What is the risk-based approach in internal audits?

The risk-based approach prioritizes auditing high-risk areas within an organization to focus resources where they are needed most.

What are the 5 C's of internal audit?

The 5 C's are Control, Compliance, Cost, Consistency, and Communication, which are critical for a successful audit process.

How does an internal audit help in risk management?

Internal audits help identify and mitigate risks by ensuring that internal controls are effective and that the company complies with laws and regulations.

Finding the Right Financial Advisory in Pune for Businesses

Published on April 14, 2025

Pune, a city once known primarily as an education hub, has now evolved into a dynamic economic center. With a booming startup and corporate culture, a growing IT and manufacturing sector, and a more financially aware population, the demand for financial advisory firms in Pune is at an all-time high.

Whether you are managing generational wealth, planning your investment, or running a mid-size business, sound and right financial advice is the strongest asset you can have.

This guide by Felix Advisory goes beyond the basics. It answers your real questions, offers insights, and helps you to understand the financial advisory landscape in Pune.

What Is Financial Advisory?

Financial advisory refers to personalized guidance and planning services provided by certified professionals to help companies and businesses achieve their financial goals. This includes investment planning, tax strategies, retirement planning, insurance, estate planning, and risk management.

In the current ever-evolving

The role of a financial advisor is to build clarity, structure, and long-term resilience into your finances.

What Financial Advisor Do?

Service	Purpose
Investment Planning	Aligns portfolios with risk appetite and financial goals
Tax Planning	Minimizes tax outgo while maximizing the returns
Retirement Planning	Ensures post-retirement income
Estate Planning	Secures wealth for future generations
Debt Management	Structures and reduces liabilities
Insurance Advisory	Balances protection with affordability

Why Financial Advisory Is Crucial in Pune

With its unique blend of salaried professionals, business owners, and NRIs, Pune presents diverse financial profiles. Yet the financial challenges are universal: inflation, taxation, volatile markets and global events.

Hiring a financial advisor in Pune offers multiple advantages. Here’s how financial advisory in Pune might help:

Customized, data-driven financial planning
Smart, tax-efficient investment strategies
Risk assessment & planning
Personalized help with major business goals

How to Choose the Right Financial Consultant in Pune

Not all financial advisors are created equal. Pune offers a mix of large advisory firms, consultancies, and independent CFPs. Here’s how to choose the best financial advisory services in Pune:

Check Credentials
Look for CFP, CFA, or SEBI RIA registrations. This shows competence and regulatory compliance.
Understand Fee Structure
Look for CFP, CFA, or SEBI RIA registrations. This shows competence and regulatory compliance.
Enquire About Experience
Choose someone who understands your segment—be it salaried professionals, family businesses, or NRIs.
Evaluate Technology Use
Top financial advisors in Pune, like Felix Advisory offer dashboards and data-based reporting. because Tech = transparency.
Read Independent Reviews
Sites like AdvisorKhoj list certified planners with authentic reviews.

Financial Advisory vs. Financial Consulting: Know the Difference

Criteria	Financial Advisory	Financial Consulting
Time Horizon	Long-term, continuous	Short-term, project-based
Focus	Personal wealth, investments	Business restructuring, budgeting
Examples	Portfolio management, insurance planning	M&A planning, turnaround strategy

Frequently Asked Questions (FAQs)

What is the average fee charged by financial advisors in Pune?
Fee-only advisors typically charge between INR 10,000 to INR 50,000 per year, depending on portfolio complexity.
Is financial advisory only for HNIs?
No. Advisory services are increasingly scalable, with packages for young earners, mid-career professionals, and retirees alike.
How do I check if my advisor is certified?
Visit SEBI’s website or directories like AdvisorKhoj for verified listings.
Do financial advisors help with taxes?
Yes. Tax planning is a core part of wealth management, especially for salaried individuals and entrepreneurs.

Best Financial Advisory Firms in Pune

Felix Advisory – Expert-led financial planning for professionals, startups, and NRIs.
FinEdge – Online-first, goal-based planning using advanced analytics.
Independent CFPs – Personalized services, often fee-only, with strong local presence.

Final Say

The right financial advisor isn’t just someone who picks stocks. They help you:

Clarify your financial vision
Avoid costly mistakes
Secure your future with smart, custom strategies

If you’re looking for expert-led, personalized, and transparent financial advisory in Pune, contact Felix Advisory is ready to partner with you.