This is that time of the year, 1st of December every year, when I reach out on my work anniversary. I share my perspectives on the year gone by, hits and misses, updates and the learnings during the year. It is very hard to believe that eight years have passed since I started this practice of helping my clients achieve financial freedom. I am indeed very honoured to have many clients who have been with me since the beginning when I started Financial Radiance on December 1, 2016.
Reflecting on Our 8th Year: A Journey of Growth and New Horizons
As I pause to reflect on Financial Radiance’s 8th anniversary, I am filled with a deep sense of gratitude and excitement. This past year has been an exhilarating journey, marked by new ventures, deeper client relationships, and significant growth. When I embarked on this journey, my vision was to help individuals and families achieve financial freedom. Today, that vision remains steadfast, but our approach has evolved, and the strides we have made reaffirm our commitment to making a difference in the financial lives of our clients.
Unprecedented market growth in the first nine months of 2024
This past year has been remarkable for the markets, with significant, unprecedented gains that contributed substantially to our AUM, which reached close to Rs 200 crore this year. We had good growth in 2024, though about 64% of this increase came from the market surge alone. However, the volatility we have seen, particularly due to geopolitical factors, has also resulted in declines, reminding us of the market’s unpredictability. Investors should maintain realistic expectations, as expected returns are inherently linked to factors like GDP growth and inflation. While returns hovered around 25% in recent months, a sustainable long-term expectation should be closer to 11% to 13%.
Financial Milestones and Growth in Client Relationships
Our client base continues to grow, and we are privileged to work with around 375 families, managing an SIP book of about Rs 1.4 crore a month. Each relationship is built on trust, transparency, and a shared vision. This growth isn’t just a metric; it reflects the mutual trust that drives our collaboration and our shared dedication to financial wellness.
Building a Strong Team and Expanding Our Reach
Another proud achievement this year has been the successful setup of back-end operations. The essential operations and social media are being managed, allowing us to serve our clients better while I focus on core strategies, client interactions, and future planning. This addition not only enhances our operational efficiency but also strengthens our presence in the digital world.
Moving towards Digital Transformation
Looking ahead, we are setting the stage for a structured digital marketing process that will launch in 2025. This initiative will allow us to reach more people, empowering them with financial insights and resources to build secure and prosperous futures. The digital landscape offers exciting potential, and we are eager to leverage it thoughtfully and meaningfully.
Successful implementation of the announced initiatives
At our 7th work anniversary last year, we announced three major initiatives: Investwell software, Customer Relationship Management software, and the setup of a partnership firm. 
Happy to inform you that all are doing very well. Investwell has been appreciated by all the clients as it is a very robust reporting software. CRM has helped us to track all relationships, discussions and plans as discussed with clients during the meetings.
The partnership firm license is working well along with the individual license that Financial Radiance has. We added a total of 84 new families in the last year with an AUM of above Rs 12 crore in the partnership firm. The objective is to streamline further and, in the next 2 to 3 years, merge the individual license into the partnership one. This ensures structure for the future of the firm with a documented succession planning process, as partners can join or exit in future, but the firm continues.
During our 6th work anniversary, I envisioned that Financial Radiance would create 50 millionaires and 200 crorepatis during the practice. We track this metric very closely. Currently, the number stands at 1 millionaire and 55 crorepatis. It may seem very small compared to the vision, but we are confident that we will even exceed it during the practice’s tenure.
My second book: Second Innings on Your Terms
One of the highlights this year was the release of my second book, Second Innings on Your Terms, a sequel to Retire on Your Terms, published in June 2023. Published in Sep 2024, this book continues the conversation around the non-financial aspects of retirement and gets into further details, encouraging readers to envision a retirement that’s truly theirs, on their terms. The warm reception and feedback I received reassured me that these conversations are both timely and essential.
All my Books are available Globally and can be purchased on Amazon, Flipkart and Notion Press.
Two exciting launches today!
As Financial Radiance marks its 8th anniversary, I am thrilled to share two exciting new ventures with you!
1. New website launch: www.rajeshminocha.com
While you are familiar with our official site, www.financialradiance.com, I am excited to introduce my personal website: www.rajeshminocha.com. As an author of three books (more on that shortly!), I thought it was only fitting to have a space dedicated to my various roles as a financial planner and an author, speaker, and educator. On this site, you will find insights into my work, educational resources on personal finance, and more. It would be great if you could explore it and share your thoughts with me!
2. Launch of my third book: Passion Beyond Paychecks – Where Career Meets Calling
I am excited to announce the release of my third book, Passion Beyond Paychecks: Where Career Meets Calling. The book explores a theme I am deeply passionate about: redefining success by living for purpose, not just a paycheck. It offers a realistic approach to career planning and financial management, encouraging readers to make life choices driven by their aspirations rather than obligations. If you are navigating a mid-life career change or seeking greater fulfillment in your professional journey, this book is for you.
You can grab your copy now on Amazon. https://amzn.in/d/epVkRwh
This is my third and final book for the season, and I saved my best for the last. I will take time to consolidate and ensure that they are available across all platforms.
For mo
re information on my books, visit this link. amzn.to/4fIolEG
Thank You for an Inspiring Year
As we celebrate eight years, I want to thank every client, reader, and team member for your unwavering support and belief in our mission. Every milestone and success is a testament to your faith in us, and we look forward to continuing this journey together – learning, growing, and striving for financial freedom.
Here’s to the next chapter of Financial Radiance and to empowering more lives, one client at a time.
Thank you all once again for your faith and trust. As always, before I sign-off for now, a few reminders:
- Personal Finance Toolkit – I created this toolkit which is available free to download. Using this toolkit would help in determining the net worth and the various documentation relating to personal finance in one single place. Do download it and let me know your feedback. Many more free ebooks have been added. We are going to launch a few more in future.
- Link to previous year’s perspectives – I have been writing my perspectives on completing every year at Financial Radiance. Do read them in your leisure. I am sure you will enjoy them as much as I do while working for Financial Radiance.
- Blogs on Personal Finance – I have written quite a few blogs on various diverse personal finance topics. Please do have a look and provide your comments.
- Youtube Channel – Please watch my youtube channel and subscribe. Youtube channel and other social media platforms are getting revamped in a big way in 2025 with a lot more focus on financial literacy in a very structured manner. Be sure to follow us also on other platforms such as LinkedIn, Facebook, Instagram and Twitter.
Until next year, bye from me, and I shall be back with my perspective on completing 9 years at Financial Radiance.
Until next year, bye from me, and I shall be back with my perspective on completing 9 years at Financial Radiance.