“The problem is people are not saving enough or, rather, the expenses are too high," says Suresh Sadagopan, principal officer, Ladder7 Wealth Planners Pvt. Ltd. In an interview with Mint, Sadagopan, a registered investment adviser (RIA), talks about his shift from an advisory and distribution business to a fee-only advisory model, and how the industry landscape and investor awareness has evolved over time. (The start of 2023 marks a decade of market regulator Sebi’s rules on RIAs that came into effect in January 2013. To commemorate this landmark, Mint speaks to RIAs who have completed or are nearing a decade in the profession to understand their investment philosophy.)
