Facebook TwitterLinkedInYoutubewhatsapp Start Planning for your Financial goals
Schedule Your Free Consultation
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Holistic investment planners, financial planning Chennai, Private wealth management Chennai

Holistic investment planners, financial planning Chennai, Private wealth management Chennai

Financial Planning chennai India, Private wealth management chennai India, Investment Advisory India, Systematic Investment Plan, Mutual Fund SIP, Mutual Fund ELSS, Tax Saving scheme

  • Home
  • About Us
    • Who we are & What we do
    • Services
      • Financial Road Map
      • Retirement Roadmap
      • Asset Allocation Plan
      • Webinar
      • Money Management
      • Wealth Management
    • In the Media
    • Testimonials
    • What Makes Us Different
    • How we can help you
    • Specialties
    • Honors and Awards
    • Vision & Mission
  • Resources
    • Blog
    • Articles
    • Podcast
  • Ideal Client
  • Contact Us
financial advisor unfaithfull

7 Critical Warning Signs That Tells ‘Your Financial Advisor is Unfaithful’

by Holistic 1 Comment | Filed Under: Financial Plan

Managing money is an art, which not many possess. If the owner does not have time or knowledge to manage his money, it’s good to look for a financial expert. A professional financial advisor has money management skills. That’s why many people prefer hiring a Certified Financial Planner (CFP) to handle their personal finance. But before you handover your assets or wealth to a financial advisor, you should know certain points.

The below warning signs emphasizes on the risk that an amateur financial advisor could impose on you.

1. Phony identity

With the wide knowledge about the internet these days, it has become extremely simple to create a professional looking website and expert profile online. Being a vigilant customer, you should be able to differentiate between real and fake profiles. It is easy to make out by knowing different credentials and your requirement.

While researching for a financial advisor in India it is important to look for a CFP certified consultant. Also, ask certain questions like his experience in handling cases like yours, proof/sample of his previous work and don’t not hesitate to ask for few referrals.

2. Not giving enough time

A big red signal is if the financial advisor is not disclosing much information about him and not giving enough time. Remember one thing, when you handover your assets to a financial consultant, it is his duty to be focused towards your work and give timely updates on its status.

If a financial advisor is not giving you the status update occasionally, or not even promising a face-to-face meeting, something is fishy. Move on and find another one!

3. Pressurizing too much

A good financial advisor is the one who doesn’t pressurize and should have the patience to listen to your thoughts and ideas.

If you are feeling pressurized or not getting clear cut answers to your question, without any fear say a straight ‘no,’ and look for another better financial advisor. If you will listen to him once, you’ll be pressurized always for his selfish interest.

4. Pitching like a salesperson

When a normal conversation with your financial advisor turns into a marketing talk, run away! If your financial advisor is pitching or persuading you for a risky investment, move on.

A professional financial consultant will never sell schemes; instead will be focused on your goals and risk tolerance level. You should never feel forced. This is a case where you need to speak, since if you won’t speak this time you could face heavy losses in the years to come.

5. Playing Hide and Seek

Many-a-times it happens that financial advisors force individuals to buy a risky investment product for higher commissions. Any financial advisor that forces you to purchase a risky investment or hide the charges associated with it should be avoided at all costs.

If anytime you feel he is hiding something, talk to him. If you are still not convinced, you need to seriously think over it. Such behaviour clearly shows that the financial advisor is a crook.

6. Hapless Communication

Communication is vital for a successful investment. If your financial advisor is not exchanging even a word on your investment, you might want to find someone else.

Understanding finance is not difficult if your financial advisor is knowledgeable. But if even the financial advisor is struggling to understand a simple point, how can you expect a successful mantra from him. Skip the trouble and find a better financial advisor who knows FINANCE!

7. Promising Day at Night

This is the most common warning sign you should not trust your financial advisor. In the current time, without taking much risk you can only get a return of 8% to 10%.

If your financial advisor is promising you more than this from an investment and claims there is no risk, then beware! Something is fishy. If you will run behind such false claims, you may lose your money. Stop following such fake statements, instead go and find a proficient financial advisor.

These warning signs might save your money and you from a big loss. If even one of the above signs comes up, move on and find an expert financial advisor immediately. Be wise and invest wisely!

If you want to check our own distinctive complete and comprehensive financial planning process will be suitable to you or not, then you may register for
 
service_banner

Reader Interactions

Previous article: PFC Tax-free bonds Oct 2013 issue at highest interest rate
Next article: Which One Would You Prefer? Investing in the Stock Market Vs Holding Cash in Hand

Comments

  1. Ramajeyam L says

    January 26, 2018 at 7:23 pm

    Thanks.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Client Login

Recent Posts

  • LIC Dhan Varsha Insurance Plan: Complete Analysis & Review – Should you buy? 
  • Tata AIA Life Insurance Smart Value Income Plan: An In-depth & Insightful Review
  • Mastering Islamic Finance: The Ultimate Guide to Sharia Investment
  • Smart Financial Planning Tips for Beginners – A Complete Guide
  • SIP Investment Mistakes! How to Overcome Them?
Jey S
Jey S
24. September, 2021.
I have been using Holistic Investment Planners for the last three years. Mr. Srinivasavaradhan answered all my questions and doubts very patiently during the first free consultation. I was able to clearly define my short-, medium- and long-term goals once I signed up for the comprehensive plan and got their investment plan suggestion to achieve my goals. They are very polite and highly professional whenever I contact them for any queries or make investments. They never pressurize you to invest on their recommended financial products. I would have been lost money by investing directly without their help since I do not have time and knowledge about different financial products. Risk planning is also done as part of financial planning. Truly, they are holistic planners when it comes to your financial planning. They help you to define your life goals, understand your financial resources and establish a plan to invest towards reaching those goals. They do review your plan as you progress to make sure that you are on correct path to achieve those goals. Kudos to the team and keep up the good work!!! I am happy that I found holistic investment planners for my financial planning and management.
aksaswadkar
aksaswadkar
24. September, 2021.
I was about to retire and really not understanding how to invest money to have financial freedom and fulfilling my goals. Was desperately searching on internet way out and fortunately came across Holistic Investment Planners. I read number of articles on their website and realized that this is the agency which I want and engaged their services for my retirement planning. It is an excellent experience to be associated with Holistic. Right from day one our interaction was fantastic and they gave me such a wonderful plan that I had never imagined. I am fortunate enough to be in the client list of Holistic. I have recommended Holistic to my friends as well.
Lionel Faber
Lionel Faber
16. September, 2021.
I've been availing their services for the past year. They are highly knowledgeable in the field and are very patient with all doubts and queries. Personalized financial planning is provided keeping your short term, medium term and long term goals in mind. They do not pressurize you to purchase schemes of their choice. They provide their input and suggestions and leave the decision up to you which shows their honesty and high principle.
Sridhar
Sridhar
8. September, 2021.
Financial planning brings peace in life. Holistic Investment have supported in arriving financial plan based on future goals. My investments are regular since then. They are professionals in their business, will recommend others.
Nitesh Agrawal
Nitesh Agrawal
6. September, 2021.
I have been using Holistic Investment Planners from last one year. The journey has been fantastic. Being a finance person myself I always thought we can look after and plan own finances also. However, due to lack of time and deciplain the things are not always as desired. After joining with Holistic Investment for the first time Icame to know the Financial goals and quantified them. Some dreams were unrealistic based on the earnings and savings so had a reality check. Also got the information and deciplain of investing on regular and more rewarding securities. I definetly suggest to use Holistic Investment Planners. They are professionals, available and hear youor full story before presenting plans. They are flexile in the sense if there are some urgent deviations required, they help to plan the same. For all professionals/individuals I would suggest using professional help of Holistic Investment Planners for best results in long term investment and financial goals achivements. Last advise will be to start early in your life. It really pays well to start in the beginning itself else the dreams needs to adjust :)
Swetha Vasanth
Swetha Vasanth
6. September, 2021.
This is my first year service with the Holistic Team and I would say that they are very much helpful in creating a financial plan and follow ups during the year. I would definitely suggest them if anyone who is willing to proceed with their savings professionally.
Joseph Mathias
Joseph Mathias
6. September, 2021.
I came to know about Holistic Investment Planners online while searching for different investment ideas. Once I contacted them the journey was very smooth. Mr. Ramalingam explained all the aspects of Financial planning in detail and it opened my mind. I realized how important it is to have a Financial planning. Mr. Rajan suggested all the requirements as per my goals and made a Investment plan keeping in mind of my goals. I started my Investment journey with them. I wish I had done it some years back then it would have been in a different level. Review meetings were held every six month to check the implementation of the plan and check the results as per the requirements and to check if any changes required. Overall it was a good experience with Holistic Investment team and would like to continue in the years to come.
Srinvas Kannan
Srinvas Kannan
30. July, 2021.
I came across Holistic investment planners almost 5-6 years back, but I did not have the trust since I had met a few of them who did not sound promising. Then I started investing through a financial advisor of my friend. After 4 years of investing the returns were very low. I was disappointed and started looking for financial advisors when I came across Holistic investment. I had a detailed discussion about my goals and the way they would approach achieving my goal before deciding to switch my investments to them. After a thorough analysis of my then existing portfolios, they suggested new ones and we zeroed-in on 6 schemes/funds where our investment would be split. I am glad I made the decision of switching over and taking Holistic planner's advise, my returns are handsome and I only wish I could have taken their help/advise 5 years back itself. Neverthless, I would like to recommend their services for investment and financial advise if someone is serious about their investments.
Shivaram Andiappan Selvaraj
Shivaram Andiappan Selvaraj
3. July, 2021.
I got a free first time consultation. I got my doubts resolved. They also gave additional advises for investment planning which was also useful.
Nellai B
Nellai B
26. June, 2021.
I have been associated with them for the past three years. They are very professional and polite in answering all our questions. I have complete trust in their suggestions. I strongly recommend for anyone. I am looking forward to have strong and successful association with them.
Google rating score: 4.4 of 5,
based on 61 reviews

Footer

  • Articles
  • Gallery
  • Ideal Client
  • Jobs(Full Time)
  • Podcast
  • Services
  • Testimonials

Connect With Us

Holisticinvestment.in
10/15, Second Cross Street,
Seethammal Extn.,
Teynampet,
Chennai – 600 018,
INDIA.

Copyright © 2022. Holisticinvestment.in | All rights reserved.    Cared with ❤ by T-Square Cloud

×