How Dealing with a Fee-Only Advisor is Good for the Client (As Seen in Economic Times)

Remember that a person selling a product can never be a true advisor, as their interest lies in selling their product and meeting their targets. So, who should someone seeking advice turn to? The best bet for the investor would be a fee-only advisor, who only offers advice, just like a doctor/lawyer and does not sell products and gets any remuneration from it. In such a case, the dvisor would work in their best interest, offers the most appropriate solution and charges a fee for it.

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