The more you know your advisor, the better it is for you
Moneycontrol's M Saraswathy talks to R Venkataraman, Managing Director, IIFL Securities to get an understanding of how to become a successful financial advisor.
Clients sometimes hold the financial advisor accountable for decisions he had not advised or taken, but merely facilitated for a fee. The fee was being used as a weapon of taunt.
The following article is an initiative of HDFC Life and is intended to create awareness among the users.
Visiting a financial planner, for the first time, is not something that is easily achieved.
The extent of value addition that an expert advisor adds to a client‘s financial life goes beyond just suggesting investments towards various financial goals.
In today's financial landscape where investors face turbulent market conditions, the role of a financial advisor has become extremely critical. UTI Mutual Fund and CNBC-TV18 come together to honour and facilitate these individuals and institutions that work behind the scenes to ensure wealth creation.
Market expert, Anand Tandon, says longer-terms investors need to book profits and wait for better price to enter the market again.
Financial Advisor Awards are one of India‘s most prominent award ceremonies that celebrate the efforts of financial advisors across the country.
The Series A funding also saw participation from Great Wall Club (GWC), DSG Consumer Partners, Ilkka Paananen (CEO & Co-founder of Finnish gaming startup Supercell) and angel investor Pravin Gandhi, GOQii said in a statement.
The development puts the Carmichael coal mine project in Queensland into further doubt. Commonwealth Bank, Australia's largest lender, quit its role as financial adviser last week.
Check the qualifications of the advisor, the quality of service, the time spent, his confidence, his approach to the planning process and his level of frankness when dealing with your finances. Do reference checks.
In some cases the dividend announced on an investment in mutual fund does not comply with the norm of minimum dividend amount, which can be paid out. Hence even if one chooses to invest in dividend payout option, the dividend is reinvested in the same scheme.
Long term capital gains are more tax-friendly - in listed equity there is no tax on it where as in case of bonds and property, one can enjoy indexation benefit.
If you come across these traits while dealing with an advisor, it is the time to search for a new one.
Commodities such as gold typically have long cycles, unlike equity or debt where there may be quick rallies and correction. One must stay put in gold when there is nothing happening so that he benefits when there is a sudden jump in gold prices.
Pension is added to the other income of the recipient and there is not much that can be done to reduce the tax liability.
This forum at New Delhi is actually a part of the four city tour. Financial Advisor Forum is a unique platform for mutual fund advisors to engage with industry experts to thrash out and develop a strategy for growth.
Arnav Pandya recommends on not investing in the fund due to inconsistent performance.
Financial Advisor Arnav Pandya recommends investing in the fund for investors looking for an exposure to midcaps.
Financial Advisor Arnav Pandya Pandya recommends not investing in the fund right now as it has been inconsistent. But, the fund has a long-term view over several years.
One point that is important as far as the overall tax benefit is concerned is that the tax benefit is available for the individual who is salaried and is also extended to his family who is travelling with him.
Lovaii Navlakhi of International Money Matters spoke to CNBC-TV18 about his views on selecting a fund manager.