The mutual fund industry has added more than 8,000 new distributors this calendar year. Many of these new distributors plus some from the existing community may approach you to solicit mutual fund investments. It would make sense to choose an appropriate financial advisor who can help manage your investments:
Qualifications of the distributor
Check how well qualified the distributor is in terms of education and what kind of knowledge and experience he or she possesses. The mutual fund advisor should have good knowledge of different asset classes such as equity, fixed income and gold.