- To promote the profession of financial therapy in India or other countries.
To provide job oriented education, training and work experience programs including “earn while you learn scheme” and such education and training so as to develop self-employment and entrepreneurship and this professional development in finance or financial therapy, done by online and offline. To accomplish this task, this trust may go for signing Memorandum of Understanding (MOU) with other college/Institutes/Universities or other bodies having similar objects.
To undertake and promote research and development activities through the establishment of research and development Centre and by extending technical and financial assistance to the existing research & development Centre functioning in other institutions/organizations and publish research papers on financial therapy in print or digital media.
To undertake, organize and facilitate conferences, seminars, webinars, and training programs, lectures and workshops for the Financial Therapy Association of India.
To establish educational institutes and hostels to offer education in this field and provide support for the affiliation, accreditation, and recognition of financial therapy courses in colleges, institutes, coaching centers, or universities in India.
To offer promotion, marketing, sales services, and distribution of financial therapy, psychological, counselling books, products, courses, and services.
To provide marketing and sales support, customer care support, technology solutions, and research solutions for financial products and financial therapy services to RIAs (Registered Investment Advisors), IFAs (Independent Financial Advisors), or Mutual Fund Distributors.
To collaborate with fin-tech companies, AMCs (Asset Management Companies), NBFCs (Non-Banking Financial Companies), P2P Lending firms (Peer-to-Peer Lending firms), MFDs (Mutual Fund Distributors), PMS & AIF Firms (Portfolio Management Services & Alternative Investment Fund Firms), insurance companies, stockbroking firms intermediaries under IRDAI (Insurance Regulatory Development Authority of India), PFRDAI (Pension Fund Regulatory Development Authority of India), RBI (Reserve Bank of India) and SEBI (Securities Exchange Board of India).
To provide human resources services such as selection, recruitment, placement training and development; outsourcing third-party activities and services.
- To conduct investor awareness programmes and provides financial literacy to the public and work towards increasing accessibility to financial therapy services for all individuals.
To create employment opportunities for people in rural and urban areas who are in need; to develop entrepreneurs in the financial sector.
To operate within the rules and regulations set by key regulators in India, such as RBI, SEBI, IRDAI, PFRDAI, etc.
To promote the objectives of the Financial Therapy Association US in India and create a forum/community for financial therapy professionals in India.
To create a directory of financial therapy professionals or other financial professions.
To establish a library of resources including books, audio, videos, and journals for financial therapy professionals. To Conduct surveys, publication of journals, magazines, periodicals, newspapers, books and pamphlets in the Hindi, English and other regional languages.
To grant, pay or give scholarship, stipends, prizes, awards, rewards, allowance and other financial assistance or help in cash or kind to individuals in need for professional development; to deserving and talented students to study or work in India or abroad.
To provide training and development opportunities for SC (Scheduled Castes), ST (Scheduled Tribes), OBC (Other Backward Classes), or economically disadvantaged students either free of cost or at a reasonable cost.
To adhere to professional standards of practice for financial therapists, ensuring compliance with ethical guidelines and maintaining high professional standards.
To collaborate with government agencies and non-profit organizations to advocate for the integration of financial therapy services in national policies and programs aimed at improving financial well-being and mental health outcomes for individuals and families.