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subject: Is Your Bank Or Broker Your Financial Planner? [print this page]


Is Your Bank Or Broker Your Financial Planner?

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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