Is Your Bank Or Broker Your Financial Planner?

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The financial planning industry is yet to come to terms completely with charging for the service

. While some who offer only planning services charge a fee which can vary from Rs. 5,000 to Rs. 50,000 and sometimes more, there are others who charge as a percentage of the assets you invest through them which typically varies from 1% to 2.5%. While some others have a mixed fee model and they charge you a flat fee for a plan and then an investment fee on your investments.

Is Your Bank Or Broker Your Financial Planner?

By: PersonalFN

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