When it comes to stock market investment, most retail investors often find themselves at the losing end. This could be attributed to lack of knowledge or expertise to understand how the stock market works, investing on the basis of generic stock advice and the hesitation to seek best stock advice from stock market experts such as stock advisory companies.
Stock advisory companies are professional investment advisory services who offer the best stock advice after thorough research of companies. They also keep a constant track of domestic, political, global and economic factors which influence stock prices and the movement of stock markets.
There are thousands of stock advisory companies in India who claim to offer the best stock advice. Here are a few necessary checks that you need to do before hiring any stock advisory company for best stock advice.
Check the level of experience of the stock advisory company
The stock advisory company should have considerable years of experience in the stock market. Ideally one should look at a stock advisory company with minimum five years of experience or more.
Check for SEBI registration of the stock advisory company
The stock advisory firm should be registered with SEBI as it is a mandatory requirement for stock advisory companies in India.
Is the stock advisory company easily accessible?
Any company which is serious about its business, will offer excellent customer services. The stock advisory company should be reachable on manifold platforms like phone, email as well as chat.
Availability of in-house research team
It is very important to choose a stock advisory company which has its own in-house research team as detailed research is the most important factor for stock recommendations.
Check reviews and ratings of the stock advisory company
Always check the ratings and reviews of a stock advisory company before subscribing to its services. This can be found online as well as on social media.
To summarize the above checklist will help you to find the best stock advisory company in India for best stock advice. From naïve investors to an experienced investor, everyone needs best stock advice from professional experts to achieve their wealth creation goals.