I agree with the fact that the writing style could have been improved. It does not seem like a professional wrtiteup; even when I approach a Investment advisor, Im aware that he/she is there to make profits by commission as well. No pain no gain.
The idea here the author is trying to convey is the investor should not fully trust the advisor and keep these bullet points in mind before approaching them. As a checklist, these bullet points are correct ones. For example, while approaching a advisor (investmnent or portfolio not financial) there is no need to let them know how much money is there in your account. Just tell them that you have Rs.xxx that you want to invest. In that way, what the author has mentioned is correct. Similarly when the advisor advises a new MF, ask them the reasons why they 'advise' that keeping in mind the author's point that they might be getting high commission on new MFs (since its hard to sell because of lack of perf history to compare against).
Still, I feel Rediff could do a better job of proof reading these type of article so that they sound like coming from someone who is professional, than a housewife picking tips from here and there.
