Deva Panambur

CFA®, CFP®
Retirement, Investing, Small Business
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“I am passionate about using my deep experience in financial planning and investment management to help successful professionals and business owners solve their financial and investment problems”
Firm:

Sarsi, LLC

Job Title:

Managing Director

Biography:

Deva Panambur, CFA®, CFP®  is the founder of Sarsi, LLC. Sarsi, LLC is an independent, fee only, Registered Investment Advisor, serving individuals- busy professionals and business owners. We primarily provide the following services: 1.Financial Planning: Overall financial situation of the client including cash flow, debt management, risk management/insurance, estate planning and tax planning. 2. Investment strategy 3. Asset allocation and risk management 4. Manager/Investment product selection 5. Investment monitoring and reporting.

Prior to founding Sarsi, LLC in 2010, Deva was a Senior Vice President/Partner at Executive Monetary Management (EMM), a wealth advisor with over $2Bn in assets that was a part of Neuberger Berman, before being spun off into an independent firm in 2009. At EMM, Deva led manager selection and due diligence and had joint responsibility for economic analysis, strategy analysis, portfolio management and risk management pertaining to investments of ultra high net worth clients and institutions.

Prior to joining EMM, he was a portfolio manager at the alternative strategies group of Merrill Lynch; a research analyst at Chesapeake Capital Corporation- a hedge fund; and a risk and business analyst at Deutsche Bank Asset Management where he supported various investment groups. He began his career at International Seaports Pte. Ltd. in international project finance in the Far East and the United States.

Deva earned a Bachelor of Technology from the Indian Institute of Technology, India, a Master in International Management from the Indian Institute of Foreign Trade, India, and an MBA from Thunderbird School of Global Management, Glendale, AZ. He has been awarded the Chartered Financial Analyst designation and is a CFP® professional.

He regularly provides expert advisory services to top consulting firms and asset management companies regarding the business and investment aspects of the investment industry. He is an Adjunct Professor of Personal Finance at Montclair State University in New Jersey and in his spare time trains candidates appearing for the  CFA exam.

Deva keeps fit by running and practicing Iyengar yoga. He enjoys golf, traveling and good food.

Education:

MBA, Finance, Thunderbird (Arizona State University)
BTech, Metallurgy, Indian Institute of Technology

Fee Structure:

Fee only. Asset based and/or fixed.

CRD Number:

4632189

Disclaimer:

Sarsi LLC (“Sarsi”) is a Registered Investment Advisory Firm regulated by the State of New Jersey in accordance and compliance with applicable securities laws and regulations. Sarsi does not render or offer to render personalized investment advice through this newsletter. The information provided herein is for informational purposes only and does not constitute financial, investment or legal advice. Investment advice can only be rendered after delivery of the Firm’s disclosure statement (Form ADV Part II) and execution of an investment advisory agreement between the client and Sarsi.

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    Career / Compensation, Debt, Financial Planning, Retirement, Asset Allocation, Choosing an Advisor, Women & Money
As a single, 40-year-old mother, what are some fairly safe ways to grow my investments?
50% of people found this answer helpful

Congratulations on starting your career. I assume you got your Masters while raising your kids- that is a fantastic achievement.

One of the most important steps in investing is planning. So, you will have to divide your portfolio into buckets depending on the time horizon and need for liquidity. For example, the money you need for your children’s education within the next year or two needs to be stable and liquid. Whereas money that you do not need for the next several years can be invested in a long-term portfolio that is suitably diversified with superior investment products and matching your risk profile. I will add here that money in CDs will probably not even match inflation at current rates, so while you may think it is safe and stable in reality the value of your money is falling over time. So, you will have to invest in asset classes that can give you higher growth over time, such as stocks. This will however come with higher volatility, so you will have to manage the portfolio (and your emotions).

Invest by yourself if you can devote the time, have the inclination to put in the work and are able to stick to your plan and process. If not, hiring an advisor may not be a bad idea. A maximum fee of 1% charged by a fee only advisor is reasonable especially if it includes financial planning. Fees are usually tiered so fees are lower for higher asset balances. As they say price is what you pay, value is what you get- so evaluate the fee based on the overall value you are getting.

Finally, despite spending most of your salary on annual expense there are ways to take advantage of tax efficient accounts by adding to these accounts from your savings. In addition, if you manage your portfolio properly it can be made tax efficient.

August 2018
    Career / Compensation, Financial Planning, Retirement, Taxes
What tax strategies can I use to alleviate the amount I will owe in taxes on a lump-sum distribution from a non-qualified deferred compensation plan?
100% of people found this answer helpful
August 2018
    Banking, Debt, Investing, 401(k)
I am saving $50,000 a year and have $175,000 in a money market savings account; what should I be doing with this money?
80% of people found this answer helpful
August 2018
    Banking, Career / Compensation, Debt, Estate Planning, 401(k)
What are the best investment options when having extra money and no debt?
80% of people found this answer helpful
August 2018
    Financial Planning, Retirement, Investing, Real Estate
Can I retire at 52 with $1,000,000?
67% of people found this answer helpful
August 2018