Does investment advisor in authorized banks really helpful for investment ???????

I noticed that there are some investment adviser in banks...like wells fargo, bank of america.......etc..... they manage your money and take commission more than you pay..i also see that they really showed some good profit ......

what do you think for mid term.......?????? ?? Can he play our investment above capital....???????????

I suggest you be very careful before committing any funds to such people.

The "investment advisors" are nothing more than bank employees trying to sell you a bank mutual fund. They are no much better than an ordinary teller, they are just salespeople.

Of course they will show good profit from their marketing literature - do you really expect them to produce brochures showing a loss or poor returns?

Go to a website like Morningstar.com to check up on their real performance. Then, if you still like them, check up on their management fees, 12B-1 fees, etc.

Only after you have done your homework ( on your own! ) should you consider investing with them.

It will mainly depend upon the adviser you are going into

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