What exactly is 7Prosper?
7Prosper is your Personal Financial Adviser. We tell you exactly where to invest, how much to invest and when to invest to achieve your financial goals. We also advise on your insurance and loan requirements. The financial advisory service is driven by our intelligent algorithms - the Robo Adviser, which is not only affordable, but incomparable to to any human adviser. 7Prosper is registered with SEBI as Investment Adviser.
Is 7Prosper registered with any regulatory body?
Yes, 7Prosper is registered with Securities and Exchange Board of India as an ‘Investment Adviser’ firm as 'Seven Prosper Financial Planners' with registration number as INA000005622. 7Prosper acts in best interest of the clients recommending what is best for them as per their goals and risk taking capacity. We don't push products which makes us commissions as we don't make any commissions :) We charge you upfront fees for our services and help you save on huge amount of hidden commisions you end up paying for the so called 'free' services.
Is 7Prosper a stock broker?
No, 7Prosper is not a stock broker or a stock sub broker.
Is 7Prosper a mutual fund distributor?
No, 7Prosper is not a Mutual Fund Distributor with AMFI. 7Prosper only recommends and transacts only in direct plans of mutual funds thereby saving our clients distributor commisions which they incur on regular plans of mutual funds.
Is 7Prosper an insurance agent?
No. 7Prosper is a SEBI Registered Investment Adviser. We do not make any money on recommending you insurance schemes. Therefore, the insurance recommendations are truly unbiased and are in your best interest.
How is 7Prosper different from other online personal finance companies?
7Prosper is doctor for your financial health, while most of the other companies are chemist shops selling your different financial products. Legally, unlike most of the companies, SevenProsper is not a mutual fund distributor, neither a stock broker nor an insurance agent. Interest of all these types of companies lies in selling you the schemes which earns them more commission. SevenProsper is a registered Investment Adviser, where its our duty to act in your best interest and give you the right advice. We do not sell any products, hence there is no conflict of interest.
How can we contact you?
Please write to us at email@example.com or call us at +91-6361890620. Our team would be glad to assist you.
How do you make money?
We charge you yearly subscription fees for our financial planning services provided. We also help you in transacting in direct mutual fund plans through our platform powered by BSE Star MF at no additional cost.
Are there any hidden charges?
No. Absolutely no other charges. We earn only what we get directly from you. 7Propser doesn't get any commisions from Mutual Fund houses or Insurance companies. Neither we sell your sensitive data to make money. Your data is truly secured with us.