Financial Advisor in Ahmedabad

Not always. Many clients prefer virtual meetings. If a local meeting spot is available, we’ll confirm it during the call.

Usually around 20 minutes. We understand your goals and current setup, and outline next steps.

The first consultation is free. Advisory fees depend on the scope of work, such as one-time financial planning, ongoing investment advice, or a wider family engagement. The applicable fee, deliverables, and review schedule are shared and agreed before you sign the agreement. View our current advisory pricing.

Under the New Tax Regime, which is the default from FY 2024-25, most HUF-specific deductions are unavailable: Section 80C, 80D, and standard deduction cannot be claimed unless you opt into the old regime. This changes the tax arithmetic for Gujarati families who set up HUFs primarily for income-splitting. Whether continuing your HUF makes sense depends on whether your family can benefit from other HUF advantages, such as a separate PAN, independent investment accounts, and the ability to pass property through the HUF without attracting gift tax. A SEBI-registered advisor can model both regimes against your specific family income structure before you decide.

Entities registered in GIFT City’s IFSC (International Financial Services Centre — India’s only offshore-equivalent financial zone) receive a 100% income tax deduction under Section 80LA (the IFSC Tax Holiday) for 10 of the first 15 years of operation. These benefits apply to the registered entity, not automatically to individual employees. Employee salary income from an IFSC unit is still taxable under normal slab rates at the individual level. Planning for ESOPs, performance bonuses, and any cross-border income from IFSC structures requires specialist advice. Finnovate works with GIFT City professionals on this combination of entity-level and personal income planning.

NRI funds should flow through NRE (repatriable) or NRO (non-repatriable) accounts, never through a resident savings account after becoming NRI. NRIs can repatriate up to US$1 million per financial year from NRO accounts. Rental income from India can be credited to NRO and repatriated within this limit. FEMA (Foreign Exchange Management Act — India's law governing cross-border money flows for NRIs and residents) violation penalties can reach 3 times the transaction amount. Since June 2024, NRIs and OCIs can invest up to 100% in GIFT City IFSC funds, a significant new avenue for Gujarati diaspora investors. See also: our NRI investing guide.

Search the SEBI intermediaries list at sebi.gov.in under Investment Advisers. A registered RIA must follow a fiduciary standard and cannot earn commissions on products they recommend. In Ahmedabad, several large mutual fund distribution networks operate as commission-based advisors; their interests are not legally required to align with yours. Finnovate’s SEBI RIA number is INA000013518, registered since June 2019. SEBI registration is only the first check. Use this step-by-step guide to choosing a financial advisor in India to also compare fees, experience, conflicts, deliverables and complaint processes.