Commission-based model, which is traditionally followed had drawbacks due to Conflict of interest by Advisors as they are working as Bankers or Agents. This created a gap in the expectations of the investors to the products suggested by them.
Observing this, SEBI came up with Investment Advisers Regulation in 2013 and Now, the new model Fee-Based advisory is legally live.
We at, Tailor-Made Investments Advisory had chosen the working model as Fee-based than the Commission model which benefits the Clients in the long run. These Fee-based charges are around ¼ to that of Commission model, Provides compounding benefit and avoids conflict of interest as Fee-based financial Advisors do not work for any specific Bank/Agency.
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