Fee-only financial and investment advisors in Pune

A fee-only advisor can help you put the full retirement picture in one place before you invest the lump sums. For defence retirees, that usually means:

• Pension, arrears, gratuity, PF, and any second-career income
• Monthly cash-flow after retirement, including dependants
• Health cover gaps after ECHS or employer coverage
• How much should stay liquid before the rest is invested

For tax treatment of arrears, pension, or gratuity, involve a chartered accountant as well. The advisor's role is to connect those tax facts to a practical investment and withdrawal plan.

Do not start by buying products. Start by getting the structure right:

• Confirm your residential tax status for the year of return
• Review NRE, NRO, resident, and RFC account requirements
• List foreign bank accounts, brokerage accounts, stock grants, and retirement accounts
• Coordinate Schedule FA and DTAA questions with a CA
• Decide what money must stay overseas, what should move to India, and what currency risk you are comfortable with

Once this is clear, investing the money becomes much easier. A fee-only advisor is useful here because the work is planning-heavy and often involves saying "wait" before saying "invest."

Treat a VRS offer as a retirement decision, not just a payout. Before accepting, work through:

• Tax on the VRS amount, gratuity, leave encashment, and PF
• Whether the post-tax corpus can support household expenses
• Health insurance after employer cover ends
• Whether you plan to work again, consult, or fully retire
• How much money should be kept safe for the first 2-3 years

A fee-only RIA can model the trade-offs without needing you to buy a product. Bring in a CA for the tax calculation before making a final decision.

The separation is overdue if:

• You cannot state your personal net worth without counting the business
• Your personal savings account doubles as a business float account
• Your retirement plan depends entirely on selling the company
• You hold business property personally without a clear rental or ownership arrangement
• Family expenses rise and fall with business cash flow

A fee-only advisor can help build a personal balance sheet, set a withdrawal or salary discipline, and invest family wealth outside the operating business. For company structure, GST, succession, or legal documentation, work with a CA, company secretary, or lawyer alongside the advisor.

In India, "financial advisor" is not a protected title: a mutual fund distributor, an insurance agent or a bank relationship manager can all use it. A SEBI-registered investment adviser (RIA) is registered under the SEBI (Investment Advisers) Regulations, 2013, and has a registration number that starts with INA.

An RIA has to act in your interest, put the scope and fee in a written agreement and can't take commission on what it recommends to you. A fee-only financial planner in Pune who recommends specific funds or shares needs this registration too.

Start with the list on this page: every advisor on it holds a SEBI registration we checked on 30 Oct 2026. You can also search SEBI's register of investment advisers by name or INA number; it shows the registered address but not the fees or the kind of clients an advisor takes.

Shortlist two or three, ask each for their fee schedule and a sample advisory agreement, and take an intro call with each before you decide. Our pages for Mumbai and Thane list more advisors close by.

No. SEBI's rules are the same everywhere in India, and most fee-only advisors, including Foliyo, hold reviews over video calls and share documents online. A local advisor helps if you want to meet in person, or when the plan depends on something in the city itself, such as a flat you are buying or family property. If in-person meetings matter to you, ask about them on the first call.

Most SEBI-registered advisors charge in one of two ways: a flat fee, typically ₹25,000 to ₹1,00,000 a year depending on how much work your situation needs, or a share of the money they advise on, typically 0.5% to 1% a year. SEBI caps the fee at ₹1,51,000 a year per family in the flat-fee mode, or 2.5% a year of the assets under advice. GST at 18% is added on top.

Some advisors also charge a one-time fee for a financial plan, and a family with ESOPs, overseas assets or a business usually needs a broader engagement than one that wants a mutual fund review. Ask for the scope, the fee and the exit terms in writing before you pay.

Advice that costs nothing up front is usually paid for by commission inside the product: typically 0.5% to 1% a year on a Regular mutual fund plan, and more on many insurance policies. On a ₹50 lakh portfolio, 1% is ₹50,000 a year, every year.

A fee-only advisor charges you directly and takes no commission, so you can see what you pay. Many offer a free first call; Foliyo's intro call is free and there is nothing to sign.

Write to the advisor first: every RIA has to name a grievance officer in its agreement and on its website. If the reply doesn't settle it, file a complaint on SEBI's SCORES portal (scores.sebi.gov.in). If you are still not satisfied, you can take the dispute to online conciliation and arbitration through the Smart ODR portal (smartodr.in).

Investment advisers are also supervised by BSE Administration & Supervision Ltd (BASL). You don't need to visit a SEBI office: complaints are handled online.

Every adviser on this page holds a SEBI Investment Adviser registration, and each registration number was checked against SEBI's register of investment advisers on 30 Oct 2026. The advisers listed are independent firms, not part of Foliyo, and a listing is not a recommendation or an endorsement of performance. Before you engage anyone, verify the registration on SEBI's portal yourself and ask for the advisory agreement and fee schedule in writing. We list only advisers whose website we could find and whose background we could check on it or in a published profile.

Yes. Many people come to us while still working with a distributor. A fee-only adviser can review what you hold, give a second opinion, help you move to Direct plans gradually or take over the planning. The intro call is a good place to talk through your current setup; you don't have to change anything straight away.