Chris Turoci ! Christopher Turoci 

Monitory planning is essential for the present day’s life.  It is nothing but a process where individual and family assesses the importance, objectives, type of plans and rules of Monitoryplanning. The planning is primarily for the

future financial security purpose. It also includes risk management, retirement planning, and tax planning.

There are several objectives of fiscal planning. They are:

The requirement for the capital: It is mainly dependent on the current and fixed assets of the planner. The planner needs to focus on both the short and long-term requirements for the capital for future purpose.

Capital structure: The capital structure signifies that the composition of the capital which is the proportion of money needed for commercial purposes.

It helps to create a balance between outflow and inflow of funds to maintain the stability.

Financial planning ensures the suppliers of funds that they can efficiently invest in a company without worrying about economic insecurities.

The planning helps the business grow as the systematic strategy for planning the monetary scheme of the company can increase the profitability of the organization.

The kind of financial planning is dependent on the structure of the business organization. The variation of the financial planning are discussed below:

Short-term Plan: The duration of the plan is only one year. The project looks after the capital of the company within the time span.

Medium term plan: The time span of this plan falls on one to three years. The function of the mid-term planning is it maintains the assets of the company. In addition to that, it helps in the research and development of the corporate business organization to sustain in the competitive market.

Long-term plan: The time span of the long-term plan is in between one to five years. The significant role of the plan is to strategies the financial assets and to expand the financial assets of the company.

The rules are highly effective and applying the rule while the plan will increase the financial assets. The rules are:

Get a sound knowledge of net profit, net profit margin, and gross profit margin.

Calculate sales to expense ratio to estimate the net profit.

FDIConnect Offers Wall Street Level Cash Management for the Main Street Client

FDIConnect, a financial startup in Southern California, announces their Fortress Account: a sophisticated banking practice that protects cash by spreading it across multiple accounts while maintaining the convenience and ease of a single account.

Since the FDIC only insures up to $250,000 per account in a single depository institution, it becomes complicated to protect large amounts of cash across multiple accounts. But if cash isn’t deposited properly, you risk leaving large amounts of cash uninsured. With the Fortress Account, clients get the best of both worlds: the ease of a single account with the protection of many.

The Fortress Account acts as a parent to multiple accounts across several trusted banks – each containing less than the FDIC limit. This structure allows clients to make deposits and withdrawals instantly from a single account and to see account balances and statements in that same single account – all while enjoying the safety and security of FDIC insured deposits for the entire amount of the cash holdings.

The average high net worth household keeps 24% of their portfolio in cash – that’s almost a quarter of their wealth that is unmanaged, uninsured, and under-performing. FDIConnect’s Fortress Account makes sure this cash is protected and insured by the FDIC no matter the amount. With the Fortress Account, retail and individual clients can now get the benefits large-scale institutions have been enjoying for years.

“As consumers get more information and become more savvy, especially in managing their finances, they want the ability not to only manage their affairs themselves, but to have the same benefits as large institutions,” says 

Chris Turoci, President of FDIConnect. “Now retail clients and small-medium size businesses have the same financial opportunities as large institutions.”

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I’ve been working in my field for several years. I am passionate about what I do, and it shows in my work and proven track record. Want to learn more? Follow me on my social channels, or contact me directly – I’d love to hear from you!

Chris Turoci – Beginners’ Guide on Financial Planning

FINANCE VETERAN CHRIS TUROCI BRINGS INSTITUTIONAL CASH MANAGEMENT TO RETAIL AND SMALL BUSINESS