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Q. Why should I utilize the services of DSP Merrill
Lynch Private Client Group?
With markets becoming volatile and
uncertain, it has become necessary for individual investors to be
cautious while investing their savings. The services of a
professional financial advisor can help you to plan ahead before
investing by keeping your financial goals in mind - whether it is
building a house, saving for child's education or providing for
post-retirement expenses.
Over time, we help you build a
portfolio constituted of quality debt and equity instruments. You
will not be required to spend time tracking your investments made
through us - we have professionals who will track these investments
for you, and give you timely recommendations.
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Q.
Is there a minimum amount I need to invest to be eligible for your
Personalized Services ?
At present, DSP Merrill Lynch offers
only non-discretionary investment advisory services. All client
applications are screened by the office management, for eligibility
criteria, client suitability on a case by case basis.
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Q.
What service fee would I be required to pay for utilizing your
services ?
We have a flexible fee structure based
on mutually agreeable terms that is dependent upon the type of
services required.
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Q.
How frequently do I get to know about how my investments are faring?
Generally clients receive quaterly
statements. Portfolio reviews are conducted quarterly. However, our
Financial Advisors are accessible to clients at all times.
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Q.
How confidential are my investments?
One of our key principles is client
confidentiality. Once you have enrolled with us, only the concerned
Financial Advisor, his team and the office management
would have access to your account. Unless required by statute, we
would not reveal your identity and investments to anyone else within
or outside the organization.
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Q. What kind of risks would I be taking
whilst investing?
All investments are subject to risks.
However, the degree of risk depends on the nature of investment
market conditions, product type, return expectations and liquidity
consideration.
Fixed income (or debt) investments are
generally less risky than equity investments. However, it is very
important, even while making fixed income investments, to analyze
the creditworthiness of the issuer and the effect of market forces
on the debt security. Equity investments, on the other hand, are
continuously exposed to the volatility in the stock market.
While investing it is therefore
essential that you don't always expect high returns without fully
understanding the risks associated with your investments. A
professional Financial Advisor at DSPML will
help you build a portfolio from investment options carrying
different risks, so that the overall portfolio risk closely matches
your risk-bearing appetite to help you meet your investment
objectives.
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Q.
Would allocation of funds and changes to my investment portfolio be
subject to my consent, or would it be at the discretion of my
Financial Advisor?
We are offering broking and investment
advisory services, which means that your money will be directly
invested in the various investments chosen by you. While the
Financial Advisor will advise on a customized asset
allocation for you and recommend changes in the allocation from time
to time, you will have the ultimate authority to decide the final
allocation, and any changes in your portfolio would therefore also
require your prior approval.
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Q. What is the procedure for applying
to your Personalized Investment Services ?
The procedure is fairly simple. If you
wish to avail of our services, please write to the Private Client Group at
dspml@in.ml.com. After an initial meeting, you will be
assigned a Financial Advisor who will draw a
profile in consultation with you. You will be required to fill out
our Client Profile Form and furnish necessary documentary details.
Thereafter, your Financial Advisor will stay in touch with you for ongoing investments.
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Q. Do you assure any returns on the
portfolio handled by you ?
While it is our sincere endeavor that
all our clients earn healthy returns on their investments, we do not
guarantee any returns on the investments advised by us. Through
profiling, we aim to understand your financial needs and investment
objectives better, and through our research and committed service,
we aim to help you build a portfolio commensurate with your risk
tolerance and investment objectives.
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