Indians rely more on financial advice: survey

For long, getting consumers to pay for financial advice was a difficult task. But over the years, with an increased understanding of financial plan’s role, users are more willing to pay for advice. In India, those who use financial advice are satisfied with what they get, according to DSP Black Rock’s Investor Pulse Survey. As many as 99% of those who participated in the study and said they used advisory services indicated that they were happy with the service they were getting. The survey was conducted across 20 regions, with 1,500 Indian participants. Here’s a closer look at what the study found.

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