Professionals, apart from working in the office, are investing in share markets to earn high returns. Nowadays, the computerized broking system is followed, which is more reliable and easier to work.
Brokers play a major role in carrying out the transactions. Brokers earn their income through charging commissions on every transaction passed through them. This process is known as brokerage. However, brokers also provide advisory services on how to invest and where to invest. In order to find a good broking service provider in India,you need to keep certain points in mind like the track record of the broker, whether a stock broker is registered with the Securities and Exchange Board Of India(SEBI), and so on. There are mainly two types of brokers, namely discount brokers and full service firms.
Discount brokers render buying and selling services at low commission rates and hardly provide any advisory help. On the other hand, full service brokers have the ability to work with you on different investment policies. Thus, you get the opportunity to diversify your investments and get high returns. Financial planning institutions provide full assistance for efficient management of your finances. They give you essential advice for various financial investments, retirement planning, financial protection, spending in mutual funds, mortgage services etc. Financial planning in Kolkata is done on a large scale with a number of prominent financial companies located there.