In India, many investors have fallen prey to aggressive sales from financial institutions. Pune-based Chintan and Gautami Girigosavi Ghuntla faced the same issues, which eventually made them look for unbiased advice. “We understood that the sales agents from financial institutions don’t have any sense of fiduciary duty towards customers,” said Chintan.
Another reason to look for expert advice was that they could not keep a tab on all the changes in financial products. “It is very tough to navigate all the complexities, and plan investments, all along with a day job,” said Gautami.
