Saturday, May 10, 2014

What is financial services and financial products?

What is financial services and financial products?
Financial products are the products you can redeem, en cash rather than hard money like Insurance, mutual funds, shares and stocks

Financial service is very broad in nature - that include providing services for financial products
e.g

guidance for insurance, rendering all the services related to insurance.

Financial planing

Advising for selection best investment option, advising for suitable mutual fund/stocks etc

Credit management, liasoning and arrangement for investment or credit etc..

In short financial service include

Wealth management
Financial Planing
Credit - Short term medium term long term loans for business
Home loan
Property Loan
Investment banking/merchant banking
IPO services

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