That the future of investment advice is already here—and it’s online? Some give low cost advice to DIY (do-it-yourself ) investors who need only occasional guidance. Others charge heftier commissions from first-time investors who need hand-holding.These online investment advisers offer automated, personalised investment plans at a low cost. On the other hand, human advisers can hardly give dispassionate advice, given they earn hidden commissions when they recommend costly funds to their clients.What investors need is unbiased, competent financial advice. Indian investors enjoy more choice, better advice, greater transparency, and at a lower cost than ever before.

Source: Economic Times April 10, 2017 01:00 UTC