Have you ever tasted food cooked by a professional chef? You may not find much difference just by looking at your favorite paneer tikka from a local restaurant and the chef’s kitchen. The real difference can only be felt when you have tasted the food items – you will understand that professionals definitely have an edge.
For financial success, unless you opt for the best stock advisory, you will continue to see mediocre returns on your portfolio. Also, you will never understand the impact professional advisors can have on your financial journey unless you try them.
Data suggest that random investing and picking stocks based on tips is not helping DIY investors. Therefore, you must separate yourself from the crowd and take the call to work with the best advisors to find financial success. Today, we will look at some reasons to work with advisors.
Reason to work with stock advisors
Below are the top 5 reasons for working with top stock advisory companies in India:
Stock advisors understand your risk appetite: Financial success is not only about making 12 or 15% returns on your portfolio. It is also about having peaceful nights – not worrying about how the portfolio is doing on a daily basis. You can achieve this when you invest in the stock market according to your risk profile. The best stock advisors will first evaluate your risk profile and only suggest stocks that are appropriate for your risk profile.
Minimize risk: Equity investment is risky, and unless you understand the market and have some level of understanding, it won’t be possible for you to make money. The impact of different national and international events can bring a lot of volatility to your portfolio. You must have a risk management system in place to reduce your risk. Stock advisors can reduce your portfolio’s risk to a certain extent.
Asset allocation through professionals: Most investors know they need to follow asset allocation and should have a diversified portfolio. However, the implementation part is not so easy as it requires expertise. The stock advisors help you tactically allocate assets towards different market cap stocks and create a diversified portfolio.
Goal-based investing: Most investors come to the stock market to make high returns. However, it is not always necessary to take high risks in equity investment. For example, if you can achieve your goal with 12% returns by investing in large-cap stocks (relatively safer), there is no point in having high exposure to small- and mid-cap stocks. To implement this, you need to have a clear understanding of your financial goals. Equity advisors help investors create their financial goals. Once done, create a path so they can accomplish them with a perfect risk-reward equation.
Regular monitoring of your portfolio: Equity investment is an ongoing process, and to make the returns, you need to be continuously in the game. As a stock investor, you need to know what is happening in the company in which you are invested. It requires a lot of effort. Mostly, common investors can’t track everything related to all the companies in their portfolios. The best equity advisory offers you regular monitoring of your portfolio, so if you have any stocks that turn risky, they can advise you to exit. Overall, it helps you minimize your portfolio risk.
Selecting the best equity advisor
The first thing you need to do is shortlist the top 10 stock advisory companies in India. Once you have the list, you must finalize one that you think has catered to investors in your category.
The only problem with traditional equity advisors is that they are extremely costly. Retail investors cannot afford stock advisory services. However, we have changed that with Jarvis products. Now every investor can invest in an equity portfolio and benefit from equity advisory services. The reason we have made advisory affordable is that we use technology for advisory.
An AI-based advisory is not only affordable but also overcomes all the limitations associated with traditional stock advisors (24*7 tracking, risk management, personalized portfolio, etc.). If you haven’t checked out our app as of now, download the app and make equity investments super easy for yourself.