Important Keywords: investment advice, financial advice, investment advisors, portfolio management, estate planning, tax-efficient investment decisions, market-linked, mutual funds, unit-linked insurance plans.

Questions and Answers of Advisory Management:

Q: What is advisory management?

A: It is the activity of providing investment or financial advice and managing assets or portfolios.

Q: Who provides advisory management services?

A: Professionals who provide it services may be individuals, partnerships, or corporations.

Q: How do investment advisors work?

A: Investment advisors interact with clients to understand their financial needs and risk tolerance, and provide objective recommendations based on technical analysis.

Q: How are advisory management services paid for?

A: Advisory management services are typically paid for through a professional fee or commission based on the assets managed.

Q: Why do investment products require expert advice?

A: Investment products, such as mutual funds and unit-linked insurance plans, require expert advice due to their market-linked nature.

Key Takeaways:

• It involves providing investment and financial advice and managing assets or portfolios.
• Investment advisors are professionals who interact with clients to understand their financial needs and risk tolerance, and provide objective recommendations based on technical analysis.
• It services are paid for through a professional fee or commission based on the assets managed.
• Investment products require expert advice due to their market-linked nature.
• The benefits of management include portfolio management, corporate debt management, estate planning, and tax-efficient investment decisions.

Conclusion:

It is an important service that helps individuals, investment firms, and corporates make informed investment decisions and manage their assets or portfolios. Investment advisors provide expert advice and objective recommendations based on technical analysis. The benefits of advisory management include portfolio management, corporate debt management, estate planning, and tax-efficient investment decisions.

Read More: Notification No. 11/2022 – Integrated Tax (Rate): Rescinds notification No. 47/2017- Integrated Tax (Rate)

Official Income Tax Return filing website: https://www.incometax.gov.in/iec/foportal/
Official GST common portal website: https://www.gst.gov.in/