I read everywhere that only SEBI Registered investment advisors can advice on matters related to investments. But rarely do I see people consulting them. Most people are taking financial advice from Fin-fluencers or family or friends or online strangers. So was curious whether people here consult them ? Are they too expensive or unreachable ? There are apps like smallcase where you can subscribe to their recommendations do you use them ? Is there an opportunity of bringing all registered advisors on a platform so common junta can ask them their queries ? Are there any more apps which do this? Univest is there but I have never tried it.
Please let me know what you think about it. Thank you.