In am an “Investment adviser” and am in the business of giving advice about equity and debt to clients.
My fees range from Free-Flat-Percentage of the value of your investments depending upon nature of the investments required. To keep the fees low for the clients, I have taken up the agencies and they pay me a commission. The commission helps to discount the clients fees to the extent of commission received.
This model helps in reducing clients fees, honest advice for the clients (unlike selling products for getting commissions) and long term outlook on clients portfolio.
