The Role Of An Advisor

The Indian investor community stands divided. There are clients who, fingers burned, have sworn off the support of a Financial Advisor for life. The other camp consists of clients who still believe that Financial Advisors create tangible value and are an importance aspect of their investing life. There's no doubt that Advisors who do their job well provide a valuable service indeed. As a client, what are the basic expectations you must have from your Advisor? Let's find out.

A Brief Background
The rampant mis-selling of ULIP's and target oriented, product push led Advisory roles crafted by many banks in the early-to-mid 2000s led to a significant erosion of investor confidence in the Advisory function as a whole.