Investment Advisor: What to look for while chosing an Investment Advisor?
There are so many Investment advisors in the Financial Market that chosing a right Investment advisor itself is a Job. In Today's world, every mom and pop is calling himself an Investment Advisor.
Every Sales man will tell you that he is an Investment advisor and he can help you to take right decisions.
Here are few points you should keep in mind before chosing a Financial Advisor -
- Experience - First of all check that how experienced your Investment advisor is? Means since how many years he is in this Business? It is quiet possible that your Investment Advisor was a Sales man selling various financial products and now he has decided to tell everybody that he is an Investment advisor.
- Client List - Ask for the client list. Take a review from his clients.
- Check that, weather your Investment advisor is independent or associated with some Bank or Financial Institution? An Investment Advisor should give you an unbiased Investment advise. He/she should not be associated with any Financial Institution otherwise his advises can't be considered as un biased.
- It is advisable that, Your Investment advisors are Certified Financial Planners.
- Also see that, how professional your Investment advisor is? Means how much professonalism in his/her services? Remember, The more the professional Investment Advisor is, The more better will be the output.
- Some Investment advisors are also good Personal Finance writers & they send you Personal Finance Articles via e-mail occassionally. Kartik Jhaveri of Transcend-India.com is one such Certified Financial Planner.
So look for all of the above key features before chosing your Investment Advisor......!!!
Sunday, May 3, 2009
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