What is a Financial Advisor?

“Financial advisor” means any person, who for consideration, is engaged in the business of providing financial advice to clients or other persons or group of persons and includes any person who holds out himself as a financial adviser, by whatever name called.

In simple terms, a financial advisor is a person who advises you on various aspects of your finance, which may or may not include personal finance, investment, taxation, insurance and estate management.

Why Consult a Financial Advisor?

A financial advisor can provide a one stop solution for a majority of individuals finance management needs. A SEBI Registered Investment Advisor is qualified and experienced enough to handle a multitude of personal finance aspects. You should consult a financial advisor even if:

– You are usure about the use of capital
– Even with sufficient income, you have problem managing your savings
– You have no prescribed investment goal
– You don’t have adequate information regarding taxation, investment and insurance.

Apart from advising, a financial planner also educates the client about these aspects of personal finance, which helps them to make woke decisions going ahead.

Who can consult a financial planner?

The answer to this question is straight forward; anybody can consult a financial planner. Doctors, Lawyers, Businessmen, Salaried Employees, HNIs, Retired Individuals, Small and Medium Enterprises (SMEs), Self Employed etc. should ideally use the services offered by a financial planner.

A Financial Planner will help you to manage your Investments, Insurances, Emergency Funds, Asset Allocation as well as Tax Planning. So, if you are looking to put your money to use and want to start your retirement planning but not sure how to go about it, consult a financial advisor today to help grow your wealth.

Where to consult an Advisor?

Since most of the services provided by financial planners are advisory based and not executionary, the geographic location is not a cause of concern and the entire process can be done through use of technology. The number of Registered Investment Advisors in India are very low, there a majority of them function via online channels. You can be based in Delhi, NCR, Mumbai, Bangalore, Hyderabad, Chennai, or Chandigarh and your investment advisor could be based in a whole new city! Therefore, geography is nearly irrelevant when it comes to providing services to clients.

So it doesn’t matter, if you are looking for a Financial Advisor in Delhi or a Financial Advisor in Gurgaon or for that matter Financial Advisor in Bangalore, use of online platforms like Zoom have helped us to bridge this gap to serve our clients all across the globe.