Speaker, Movie Buff, Whiskey Connoisseur, Financial Expert | Balvir Chawla

A ‘finno buddy’ who paves your way to wealth

Warren Buffet mockingly quotes, “Wall Street is the only place that people ride to in a Rolls Royce, to get advice from those who take the subway.” Author Robert Kiyosaki talks about four quadrants – E (Employee), S (Small Business Owner), B (Large Business Owner), and I (Investor) – in his amazing book Cashflow Quadrant. He adds that most stockbrokers and financial advisors are predominantly E’s or S’s because most of their income comes from their professional work, and not necessarily from the assets they own. Hence most ‘experts’ cannot afford to stop working. So they do not practice what they preach. Balvir Chawla definitely doesn’t belong to this vast majority of financial advisors. On one side he has a very long list of happy and more importantly wealthy customers, and on the other he has done very well for himself as an investor too. This gets manifested by the luxurious lifestyle he enjoys by being one of the best in the craft.

Balvir founded Life Lite in 2001 to advise clients on their financial needs. In 2006 he became a Certified Financial Plannner (CFP), an American certification which is considered to be the standard of excellence in financial planning. He was among India’s first 100 CFP’s. In 2014, he co-founded Finnovators Services Pvt. Ltd. with two of his peers and took the business into the next orbit. Finnovators today has seven directors supported by a team of 22. Finnovators is among the top 10 wealth managers in Pune.

Balvir’s journey from a solopreneur to being one of the co-founders of a market leader in wealth management is definitely impressive from the scale perspective. However, what makes their orbit-shifting moves enticing is the quantum leap in their value proposition from the quality perspective. Most wealth managers operate alone or as small partnerships, and are usually supported by a small skeletal team mostly consisting of low-skilled helpers. What makes this arrangement precarious for the investor is the person dependency. Investors are at the mercy of their financial advisors. Also, the investment advice is limited to the knowledge of that single individual, or two at the most.

Finnovators has institutionalized the entire arrangement. There are seven directors, each one of them with 25+ years of experience in financial advisory. This adds up to an ‘ocean’ of financial expertise and knowledge. Presence of such a massive leadership bandwidth also removes person dependency completely. The seven directors are strongly supported by a second line of experienced wealth managers. Back-office staff forms the next layer. The entire organization functions as a well-oiled system which is driven by empowered individuals. Such a system-driven approach ensures that Finnovators will run forever and keep adding value to its clients unhindered. Very few in the market can promise such perpetuity.

The best way to sell is not to sell. People do not like to be ‘sold’ anything; they like ‘to be helped’ to make intelligent buying decisions. Good salespeople are always aware that their job is to help, not to pressure. During my decade-long association with Balvir, I have sought his help and guidance on financial issues umpteen times. Additionally I have connected several people to him for the guidance that they were looking for. While Balvir has always extended his support wholeheartedly, he has never tried to sell or pitch any of his offering. Needless to say, such an approach positions Balvir as the go-to person, thus naturally marking the beginning of a rich and enduring business association.

Balvir is a financial expert par excellence and is a highly respected figure in the investment world. He is a sought-after speaker on finance & investments and is regularly invited on various prestigious forums. In this age of cut-throat competition where trade secrets are seldom shared, Balvir goes the extra mile by coaching and mentoring the upcoming wealth managers. He helps them grow and scale their business. He is a part of Network FP through which he coaches financial advisors to take their practice to the next level.

The world of finance and investments is filled with serious and sensitive money matters, and spending most of your day in such an environment can be both stressful and overwhelming. To neutralize the effect, Balvir ensures that he invests time on rejuvenation. Once of his favourite ways to rejuvenate is to watch movies. Being a movie buff also helps him learn and relate things that he sees in the reel world to the real world.

Balvir’s cool and composed demeanour, accessibility, willingness to help, generosity, ability to handle stress, expertise in many areas including finance, leadership ability, and organizational skills, all add up to make him a rock-solid professional, a tall leader, and an affectionate friend.

Website : www.finnovators.in
Email : balvir@finnovators.in