Financial advisory services in Minerva render financial services for personal, corporate or governmental needs. Such services include investment advice on the financial affairs of their clients in Minerva including pension planning, insurances and mortgages. These services help their clients in Minerva to strike a balance between income & investment for achieving acceptable levels of risk management by asset allocation. These services in Minerva make use of stocks, bonds, mutual funds, real estate investment trusts and insurance products for their clients. Based on the commissions charged by these services, those may be categorized as 'fee-based'& financial advisory services that collect commissions along with asset-based fees and “fee-only” services do not collect such commissions.