Advantages of working with a Registered Investment Advisor

As a first step, an advisor assesses the client's financial risk and then advises based on the Risk profile, assets, liabilities, and future goals. 

Advisors help you make your financial plan, including your inflows, savings, investment, and retirement planning.

Once you hire an Investment  Advisor, you don't need to manage your portfolio, which would save a lot of time and effort for you to focus on your core area of profession.

Advisors work on an AUM-linked fee-based model. With this model, advisors do well when your investment portfolio does well, so alignment and transparency exist. 

 A personal touch of guidance and advice is always better than a robotic and online investment mode. 

 It is an essential part of financial planning to review the investment portfolio and rebalance it based on changing scenarios. 

Assisting with the paperwork and procedures instead of you have to handle all these nuances. 

 Though undesirable, in case of any contingency, an advisor/distributor guides your family members in getting details and transferring your investment to them. 

Any disadvantages: Not as such; however, there are a few things to keep in mind:

 In the initial phase, you need to identify a trustworthy and professional advisor/distributor. 

Investment Advisors charge   fees based on AUM while Mutual Fund companies pay distributors brokerage;   however, this compensation is worth considering the above benefits.

 It is essential to occasionally sit with the Advisor/distributor to discuss the portfolio and understand the rationale of investment advice/guidance so that there are no surprises later on and changes, if any, are implemented in time.