Terms of Service

These terms govern your use of Future Asset Financial Services' advisory services. Please read them carefully.

Effective Date: January 15, 2024

By accessing or using our services, you agree to be bound by these Terms of Service.

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1. Agreement 2. Services 3. Eligibility 4. Fees & Payments 5. Liability 6. Termination
1

Agreement to Terms

These Terms of Service constitute a legally binding agreement between you and Future Asset Financial Services regarding your use of our investment advisory services.

Important Notice

By accessing or using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree, you must not use our services.

We reserve the right to modify these Terms at any time. We will provide notice of material changes through:

  • Email notification to registered clients
  • Posting on our website with updated effective date
  • In-app notifications for mobile users

Continued Use: Your continued use of our services after any changes constitutes acceptance of the modified Terms.

2

Services Description

Future Asset Financial Services provides SEBI-registered investment advisory services including but not limited to:

  1. Financial Planning: Comprehensive assessment and planning for your financial goals
  2. Investment Advisory: Recommendations on mutual funds, fixed deposits, insurance, and bonds
  3. Portfolio Management: Ongoing monitoring and rebalancing of investment portfolios
  4. Tax Planning: Strategic advice for tax-efficient investments
  5. Retirement Planning: Long-term wealth creation for retirement goals

Service Limitations

Our services are advisory in nature. We do not execute trades or manage funds directly. All investment decisions and executions are made by you based on our recommendations.

We provide personalized advice based on your financial profile, risk tolerance, and investment objectives disclosed to us.

3

Eligibility & Registration

To use our services, you must:

  • Be at least 18 years of age
  • Have the legal capacity to enter into binding contracts
  • Provide accurate and complete registration information
  • Reside in a jurisdiction where our services are available
  • Comply with all applicable laws and regulations

Registration Process:

  1. Complete the client onboarding form with accurate information
  2. Submit required KYC documents as per regulatory requirements
  3. Complete risk profiling and financial goal assessment
  4. Sign the client-advisor agreement

Account Security: You are responsible for maintaining the confidentiality of your account credentials and for all activities under your account.

4

Fees & Payment Terms

Our fee structure is transparent and disclosed upfront:

  • Advisory Fees: Based on assets under advice or fixed retainer model
  • Payment Schedule: Quarterly in advance or as mutually agreed
  • Taxes: All fees are exclusive of applicable taxes
  • Payment Methods: Bank transfer, UPI, or cheque

Fee Disclosure

All fees are clearly outlined in your client agreement. We do not receive commissions or hidden fees from product manufacturers. Our compensation comes solely from advisory fees paid by you.

Refund Policy: Advisory fees are non-refundable except as required by law or at our sole discretion. Unused prepaid fees may be refunded on a pro-rata basis upon service termination.

Late Payments: Late payments may be subject to interest charges at 1.5% per month or the maximum permitted by law.

5

Limitation of Liability

To the maximum extent permitted by law:

  1. We provide advice but do not guarantee investment returns
  2. Market risks are borne by the investor
  3. Our liability is limited to direct damages up to the fees paid
  4. We are not liable for indirect, incidental, or consequential damages
  5. Investment decisions remain your responsibility

Risk Disclosure

All investments carry risk. Past performance is not indicative of future results. You should consider your financial situation, investment objectives, and risk tolerance before making any investment decisions.

Force Majeure: We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including natural disasters, government actions, or technical failures.

6

Termination

Either party may terminate the advisory relationship:

  • By Client: With 30 days written notice
  • By Advisor: With 30 days notice for non-payment or breach of terms
  • Immediate Termination: For fraudulent activities or regulatory violations

Effects of Termination:

  1. All advisory services will cease
  2. Outstanding fees become immediately due
  3. We will provide a final portfolio report
  4. Confidentiality obligations survive termination

Data Retention: We retain client records as required by SEBI regulations (minimum 5 years) and our internal policies.

7

Governing Law & Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of India.

Dispute Resolution Process:

  1. Negotiation: Parties shall attempt to resolve disputes amicably
  2. Mediation: If unresolved, parties shall attempt mediation
  3. Arbitration: Failing mediation, disputes shall be settled by arbitration in Hyderabad
  4. Courts: Courts in Hyderabad shall have exclusive jurisdiction

Legal Compliance

Our services comply with SEBI (Investment Advisers) Regulations, 2013, and other applicable financial regulations in India.

Acceptance of Terms

By using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.

If you have any questions about these Terms, please contact us before using our services.

Contact Us for Clarifications

If you have questions about these Terms of Service, please contact our Legal Department:

veeramani@futureasset.co.in
+91 98411 11406 (Legal Department)