Park financial advisors
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PARK Financial Advisors is a financial advisory company based in Nariman Point Mumbai. The company is founded by four alumni of IIM Ahmedabad, India. It focuses on individuals and small companies in advising them on financial matters. The flagship product of the company is integrated financial planning for individuals covering medium to long term resource planning, elucidating and working towards goals and aspirations, evaluating various trade offs and building a robust plan in the context of all this. PARK also works to evolve short term (one year) plan to deal with an individual's investments.
PARK is a sign of the increased confidence in the Indian economic system at all levels - while the large companies are busy acquiring even larger companies abroad and the mid sized companies are looking to become large, there are numerous new ventures which have been kicked off across India in last couple of years. This is a silent revolution which will bear fruit in the medium term for the economy.
PARK's significance is also in the fact that the founders left some of the best jobs in today's India to start this company. This is a welcome development especially from the days when an elite b-school like IIM Ahmedabad was more in news for the fat salaries its students managed. There is an increasing trend of more and more of the younger lot (from IIM or otherwise) is confident enough to take on risks of this magnitude with their career and explore what lies beyond.