How To Identify A Good Investment Adviser

By Author: investmentadvice
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After a life long struggle there comes a time when people find themselves some lump sum money in hand. However, the case may be different for a business person who is experiencing a great rush in business and has come up with good cash in hand. There may be some others who have inherited it from ancestors, have got it by selling some precious articles or land or some other way. The one thing that is common with all this fortunate people is that they are not going to get it increase by keeping in their lockers or bank accounts and that they always look for some better investment options to make their money grow, but safely. They are always looking out for a good investment adviser who is expert enough to guide them to a lucrative and secure investment option, without risk.

Sometimes being skeptical is good and wise both. You must know that most of the investment advisers, especially those who do not charge to their clients, work for their commission only. They turn investors to the options which are more beneficial to them regardless of their client. Therefore, getting in touch with a wrong investment adviser may vacant ...
... your wallet and spoil all your future plans. Here are some points that you must ensure before taking advice of any investment adviser.

Do not stumble upon a relative only because he is your relative, neither work on your friends or family's suggestions. You should always rely on the advice of a qualified investment adviser only. He should be educated and experienced enough in financial matters and should already have got a long list of client in his / her portfolio. Remember, these professional-investment-advisors work for FEE and do not impart free advice. After all this are their bread and butter. They know that you will benefit from their advice hence charge is fair.

Check his / her portfolio, if you do not already know much about the investment advisor's abilities, then you should ask him about some of his existing clients and communicate with them to verify whether they have really availed of his advices. The profit may vary in terms of ratio and duration but there should be reasonable return on the investment, at least better than earning interest.

Make sure that you are discussing your property and saving information with a Registered Investor Advisor only. What does it mean? A Register Investment Advisor is bound with his / her association to follow some business ethics, code of conduct and can be held responsible for any illegible conduct. A Register Investment Advisor will have someone to keep watch on his performance and strives to make a positive reputation in the market.

At last, make sure that you do not leave your keys with your investment advisor in any case. By keys, I mean your account password, locker keys, your share scripts, your bank account detail, your cheque books, your cash or anything. Just limit your relations to advise only.

Investment Advice Online is the place where one can receive the right investment advice and come to know how to invest .