Investors are a gullible lot. Here’s what Vicky Kamariya, who ran Money Market Manthan, put on the firm’s website, as per an extract from the Sebi order. Super high fees Money Market Manthan went to great lengths to simultaneously follow, and disregard, Sebi rules, so it does not come as a surprise that the firm was also overcharging its clients. …
An individual should seek the advice of a financial planner as soon as he or she starts earning. “Professionals who have certifications such as Certified Financial Planner or Qualified Personal Finance Professional have undergone rigorous training programmes and adhere to continuous education requirements," says Sadique Neelgund, founder, Network FP. “RIAs charge a fee directly from clients, whereas distributors get paid …
