InvestorQ : Can my broker provide me financial planning too?
vaishnavi mhatre made post

Can my broker provide me financial planning too?

Answer
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ishika Banerjee answered.
1 year ago


Trading in equities is never an isolated task done in a silo. It is linked to your risk appetite, your risk capacity and your long term financial plan. As well have your entire financial plan reside with your broker and get it monitored through them. This asset allocation is determined by your financial plan. Ideally, if your broker offers you holistic financial planning then it adds value to both of you. Nowadays, brokers are also offering AI and robotic solutions but make it a point to address the core need rather than get flattered by the use of technology.