What Do Mutual Fund Advisors Do?
The following are the roles and responsibilities of a mutual fund advisor:
Investment Strategy
A single strategy can’t work for every investor. So, most mutual fund advisors make an investment plan based on your age, income, goals, willingness to take risks, and overall financial health.
For example, if you are a risk-taker, you might want to invest in equity funds. But if you want to be safe, you should buy debt funds. You have extra money sitting in a savings account at the bank: Liquid funds.
But this is just a general example because this can be different for each investor depending on several other factors.