Expectations from Financial Advisors and Clients:

Expectations from Financial Advisors and Clients:

The financial planning is a joint exercise that will be successful only with it is undertaken with full understanding, commitment and trust between both, the financial advisor and the client. The following are the broad expectations from both of the parties for ensuring success of any financial planning exercise.

Expectations from Financial Advisors

• Preparing a suitable personal financial plan for clients
• Making comprehensive recommendations for investment, protection needs & strategies
• Implementation support for your investment, protection needs & strategies
• Periodical assessment of personal, financial situation and review of the finalized financial plans
• Keeping track of your investments and updating you on same

A financial Advisor must:

• Put their clients’ best interests first;
• Act with due care and in utmost good faith;
• Not mislead clients;
• Provide full and fair disclosure of all material facts; and
• Disclose and fairly manage all material conflicts of interest.