Finding the client-centric adviser
Before you invest your money, invest time in selecting the right adviser
The recent Investment Advisor Regulation promulgated by the Securities and Exchange Board of India asking all individuals and entities that provide advice for consideration to be registered has evoked a lukewarm response thus far. At the time of writing, approximately 150 (large and small entities and individuals combined) had registered. The regulation covers qualification, certification and experience required to be a registered investment adviser, which allows everyone to be at the same base level. But what will distinguish one adviser from another?