Success Blog

These days with hectic schedules and time constraints, one may not have the time carefully plan their finances and investments. Internet is a huge aid in this regard by one may not have the expertise to choose the correct info. So one naturally choose to look for an wealth adviser. However, it is important to make sure if the adviser have the required expertise, experience and track record.

A good financial adviser should be able to -

• Answer specific questions, organize and orient your overall financial picture
• Asses your needs and make sure you have all of the basic insurance you need to protect yourself, your family and your assets
• Avoid costly mistakes, manage risk, save time and improve your overall investment results.
• Guide your through the maze of legal and tax implications and can put you on course to have a flexible financial plan.
• Decrease your tax liability
• Provide the emotional discipline required to make sure plans are acted upon
• Provide guidance, reassurance, support and stability to reach your goals.

Choose an adviser who -

• Comes across as a pleasant personality who can listen
• Has at least 8 - 10 years experience in the advisory domain
• Can be with you for a long time
• Not just tells you when to buy, but also tells you when to sell and protects you from the downside of the market.

Written by Debojyoti Gosh and originally published in Times of India.