ICICI Securities, the Indian financial services firm, has launched a new range of financial planning services including portfolio evaluation and estate planning. 

The suite of services adds a new wing to the firm's offering for corporate, institutional, retail and high net worth clients. The launch addresses findings from a recent poll conducted by ICICIdirect.com, its affiliate, which found that 36 per cent of the investor-respondents felt they are not investing enough to meet their financial goals. Key characteristics of the services include tailor-made and confidential advice, as well as post-planning support. 

For an annual fee of Rs5,000 to Rs7,500 ($100 to $150), clients may either meet with their designated financial planner face-to-face or do so via phone or video conferencing. The portfolio is then analysed based on asset allocation versus risk profile, risk and returns against benchmark, portfolio diversification and single stock/sector risk and consensus view of stocks/mutual funds. Estate planning is offered through will drafting and trust formation. 

ICICI Securities is headquartered in Mumbai and operates out of 66 locations in India, Singapore and New York.