What a fee-only adviser in Mumbai actually does
Most people in Mumbai who offer financial advice are mutual fund distributors or relationship managers paid by commissions. A fee-only SEBI Registered Investment Adviser (RIA) is paid only by the client. That changes what gets recommended: direct mutual fund plans, ETFs and plain asset allocation, chosen for suitability and not for payout.
If you want the longer comparison, read fee-only vs commission-based advisers in India.
Who we work with
Working professionals building serious long-term wealth who want one documented plan in place of scattered investments.
Founders and entrepreneurs with concentrated equity or irregular cash flow. See financial planning for founders.
Families who want planning across generations, including retirement and estate frameworks.
How an engagement runs
Discover: we map your goals, cash flow, existing investments and risk profile.
Design: you receive a documented plan covering asset allocation, goal sequencing and tax-aware structuring.
Discipline: quarterly reviews keep the plan aligned through rebalancing, behavioural coaching and life-event updates.
The adviser is based in Mumbai, and discovery calls are booked online, so clients elsewhere in India follow the same process.
What it costs
Fees are published and paid directly to the adviser. There are no commissions from any product.
Planning Blueprint: ₹25,000 one-time, for individuals and couples.
Annual Advisory: ₹10,000 flat or 0.6% of assets under advice, whichever is higher, with quarterly reviews.
Family Office Lite: custom pricing for complex family and founder situations.
Full details and SEBI fee limits are on the fees page.
Registration
Advisoira is registered with SEBI as an Investment Adviser under the name Partha Harshal Deshpande, registration number INA000022321. You can verify any adviser on the SEBI website before engaging them.
Frequently asked questions
Is Advisoira a SEBI registered investment adviser?
Yes. Advisoira is registered with SEBI as an Investment Adviser under the name Partha Harshal Deshpande, registration number INA000022321.
Does Advisoira earn commissions on mutual funds or insurance?
No. Advisoira is strictly fee-only. All revenue comes from advisory fees paid directly by clients, with no distributor or affiliate income.
How much does a fee-only financial adviser in Mumbai cost?
At Advisoira the Planning Blueprint is ₹25,000 one-time, and Annual Advisory is ₹10,000 flat or 0.6% of assets under advice, whichever is higher. Complex family and founder situations are priced individually.
Do I need to be in Mumbai to work with Advisoira?
No. Advisoira is based in Mumbai and discovery calls are booked online, so clients across India follow the same process.