Choosing the Right Investment Advisor - A Few Pointers
People seldom pick financial counsellors; instead, they contact them. Many private banks have super consultants or super advisers who will offer you everything from insurance to credit cards to mutual funds. Mutual funds are distributed by banks, not by advisors. Remember that when you seek investment advice from a bank, you are actually getting advice from a distributor, and in such case, you are not guaranteed to get fair and excellent advice. An adviser should be able to deliver true value-based counsel to his consumers rather than merely pushing sales in order to earn a higher fee. In an enthusiastic environment like the current one, when it is easy for investors to lose sight of their objectives and make poor investing selections, the advisor's role is critical stratford management inc tokyo . An connection with the incorrect financial advisor, on the other hand, might mean doom for investors. We give a few guidelines to assist investors determine if they are working with the...