|
|
 |
|
|
Can financial advisors offer you the right financial advice? by financial advisor
|
|
|
Can financial advisors offer you the right financial advice? |
|
|
|
|
|
Finance & Investment
|
|
|
In a country like India, where there’s no dearth of financial firms, there’s no shortage of financial advisors as well. The reason why I’ve put the word in single quotations is because a lot of them like to call themselves ‘advisors’; when in fact they’re really not. Just being an employee of a financial firm doesn’t make them financial consultants. In fact, more than half of all the so called financial consultants are in reality just well trained salesmen. They’re not well trained advisors and this is something you should keep in mind before consulting them. As a result of skilled training, they are able to sell financial schemes and policies effectively but that’s just because it’s a part of their job to garner more clients for their firm. In true sense, a good financial advisor is someone who can actually brief you about various financial plans after carefully assessing and evaluating your income. In case of any doubts, they can straightforward clear it any explain you the nuances of every plan. I hope you get the difference between a trained sales-person and a well trained financial advisor now. Before consulting a financial advisor, you should see to it that you’re in a position to do so. Just being driven by your colleagues and influenced by your peers to invest isn’t a good enough reason to invest. The right kind of investment takes places when you’re ready for it and have the necessary resources. Here’s when you should hire a financial advisor: • When you’re in the right position: When you’ve a good financial capacity to invest at various places, you should call over wealth management advisors. They will be able to guide you properly and help you understand various options such as mutual fund investment, real estate, stocks and shares, insurance schemes, fixed deposits, commodities etc. • When you don’t have the time: Investment is an activity that consumes a lot of time. If you want to do it all by yourself, you’ll find your shoe sole being burnt due to the constant rounds you’ll need to make at the offices of financial firms. You will have to do all the paperwork, understand various policies and constantly monitor all your investments. It would be a tad difficult activity to do if you’ve a job or a business and are engaged there. Investment advisors can do all the paperwork and monitor the investments on your behalf and thus save you a lot of time for merely a little commission. • When you want to stay updated: The financial market is ever changing and dynamic. Daily, new policies and schemes spring up. A financial advisor can help you stay updated with the latest trends in the economic market.
Related Articles -
financial advisors, wealth management advisors,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
ABDUL HAYE AMIN
Background Information
Abdul Haye Amin is the author of new book of poetry in language English ...more
|
|
|
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
STEPHEN BYE
Stephen Bye is a fiction writer. His most recent novels are a 5-book “The Developer” series which be...more
|
|
|
|
|
PAUL PHILIPS
For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
|
|
|
|
|
LEVAL AINAH
I am an internet marketer and also an educator. My goal is to help others who are looking to improve...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
