I think everyone needs to experience the advisory service to know what style suits who. After experiencing 4-5 advisors i have seen everyone has a different style and my comfort may not fit into their style.
You should consider this excercise of trying out advisory as a fee you pay to find the right fit for you.
For Eg if you have a 1 cr portfolio 1 % of fees in m.f or PMS ( taken on lower side ) would be 1 lac per annum.
So you should be okay to spend atleast 1 % of your AUM . This can add a lot of value to your portfolio in long term.
Don’t over subscribe to lot of them at one point or decision making may go for a toss as you may confused to buy what and how much.
I would prefer to have 2 advisory at Max in a year .
Do your own research and build conviction to invest. That may help to ride the journey of multibagger eventually .
Subscribe To Our Free Newsletter |