According to the estimates, majority
of retail stock market investors do not avail professional financial advisory
services in India. Instead, they rely on tips given by friends, relatives,
colleagues or business news channels and end up making huge losses.
In spite of this, people often
hesitate to hire the services of a financial advisor in India. Equity has given
the highest return among all asset classes till date in India. But if your
portfolio is not performing or you have been consistently making losses, then
it is time to avail the financial advisory services in India. A financial
advisor is best suited to maximize your returns and make your money work hard
for you.
A good financial advisor will suggest
an investment strategy after understanding your financial goals. Sensex may go
up or down, but if you select the right investment opportunity it will always
give you good returns in the long run.
Remember, when you are sick, you go
to a doctor for treatment. When you need legal help, you visit a lawyer.
Similarly, financial advisors in India can provide you with the best advice on
which stocks you should buy for maximum gain as per your risk appetite and
financial goals. The fees paid to a professional financial advisory services in India is earned back in the form of high returns over a period of time. When
you invest your hard earned money wisely based on the advice of a professional
financial advisor, long term wealth creation journey becomes easy.
So how do you select a financial
advisory service in India among the thousands of financial advisory services in
India?
It is very important to hire a good
financial advisor in India who can understand your needs and accordingly devise
an investment strategy and help you achieve your goals. The best way to select
a financial advisor in India would be to check their track record as well as
asking for a reference from others who have benefitted from their service. It
is important to check if they are SEBI-registered and have investing experience
across various business cycles.