Advisory management refers to the activity of providing investment advice or financial advice. The entire process of managing assets or portfolios forms part of the activities under advisory management. Individuals, investment firms, and corporates often obtain consultancy services for managing investments and making investment decisions and alterations to their portfolios
Advisory services are part of regular business for professionals who may be individually freelancing for clients, advising and managing portfolios. Many professionals may constitute themselves as a partnership firm or a limited liability partnership or a corporate to provide investment advisory services.
They can help you prepare and protect your savings and investments against the scourge of inflation. Your advisor can help you understand the ‘real value’ of everything that you’re doing for today and tomorrow. They can help you manage asset allocation and diversification to deal with volatility well They can help you to remain prepared for any emergency situations- whether via channelizing your savings or via the insurance route.