When the stockbroker offers services as a financial planner, a conflict of interest will arise. Because then the revenue of the stockbroker will generate from the stock or mutual fund he broke to you.
Remember that your profit is not the prime priority of banks; their aim is to make you invest in funds that are profitable to them.
You need to be careful while investing your hard earned money because sometimes the advices the stockbroker gives may not be in your best interest and your return on investment or ROI may not be grand. So trade the path carefully.
