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About Pritesh Shah

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Pritesh Shah

Best Investment Advisor in Gujarat

Priteshkumar Shah is a SEBI registered Investment Advisor in Vadodara. He has been in the Capital Market since 2007 and has vast experience dealing with equity and equity derivatives. After working with various intermediaries and clients, Mr. Pritesh identified a lot of value to be created for individuals by providing unbiased financial advice and wealth management services.

He has an ‘MS Finance leading to Charted Financial Analyst (CFA)’ from ICFAI, Hyderabad. He is passionate about personal financial management, financial literacy, and is a strong advocate for financial advice that focuses solely on the individual.

SEBI Registered Investment Advisor

Through the decades, investors had no credible source to turn to for unbiased advice. Those who are offering "advice" were product sellers doubling up as advisors. top investment advisors in vadodara represented the product originators and sold products that offered the best commissions to them. There was a significant conflict of interest in this model.

 Who are SEBI Registered Investment Advisors (SEBI RIA) ?

Their clients and no one else can only pay advisors who have chosen to register under this SEBI regulation. This regulation also imposes a Fiduciary responsibility on these SEBI Registered Investment Advisor in india. It helps in making them accountable to their clients and works only in their best interests.

A Fiduciary is someone who puts the client's interest ahead of all other considerations, including their self-interest. It is a giant step forward for the investor community at large. Now, there is someone who would work in the Investors' best interests and be held accountable! They are the trusted or certified investment advisors in vadodara that investors have been searching for.

SEBI RIAs are held to higher education standards, certification, disclosure, compliance, etc., and are hence more suited to performing an advisory role.

Investment

 How are SEBI RIAs different from Agents ?

For the client, there are at least six significant differences between a Fiduciary advisor and an agent.

A SEBI RIA would gather complete information about their client's requirements, study their situation, analyze options & scenarios, develop strategies to suit their needs, and develop advice entirely in line with their specific requirements. Agents engage with people superficially and are focused on selling their offerings.
Agents represent their principal & are primarily held accountable to them. Fee-only Advisors only represent the clients and have no links to product originators. It makes the advisors independent, conflict-free & allows them to offer unbiased advice.
In general, Advisors tend to be more qualified than a distributor as required to be in place if one needs to play the consultant's role.
Advisors follow the Fiduciary standard as SEBI Registered Investment Advisor in Gujarat (RIAs). Fiduciaries are those who have to put the client's interest above everything else, including their own. Agents/ Distributors follow a much lower suitability standard to position their principal's product, even if it is broadly suitable.
Best Investment Advisor in Vadodara represent their clients, and they only remunerate them. Here there is no conflict of interest. Distributors get paid by the principals & sell to clients. They may claim that they represent the client. But the conflict of interest is evident as they represent & earn commissions from their principals as also advice & sell to clients.
Agents have an inbuilt incentive to offer costly products (where commissions are embedded – hence more expensive, the better for them) to clients. The client has no control and has to accept whatever the agent offers services. They cannot pay them less or hold back the payment if they get deficient services or low services; fees are deducted by the principal and paid as commissions to agents. In the case of an advisor, product buying and advice are both separated. The advisor only offers advisory services and will get paid for it only if they are happy with their services. The client buys low-cost products elsewhere. It gives the client complete control over what benefits they get and what they pay for it.

We are fee-only advisors and Fiduciaries – your guarantee for conflict-free & unbiased advice!