Mint spoke with DIY investors to understand what pushed them to consult a financial planner and the changes they are seeing.Bengaluru-based Shuju Thomas had been a DIY investor for two years and invested directly in stocks, but he found that his investments weren’t doing well. “I’d been planning to work with a full-time advisor for a while but the market crash was the trigger.
My portfolio was down by 20%. I immediately connected with an advisor and the first thing I was asked to do was to switch to mutual funds," said Thomas, 41, an IT professional.