Commissions trump advice in India’s booming wealth management business

Sebi in 2013 introduced the investment advisor regulations, formalizing a model where clients pay a fixed fee to a wealth manager for advice. But the industry is still dominated by commissions. Here's why… 

Commissions trump advice in India’s booming wealth management business
Sebi in 2013 introduced the investment advisor regulations, formalizing a model where clients pay a fixed fee to a wealth manager for advice. But the industry is still dominated by commissions. Here's why… 

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