Too generalised statement.....there is nothing wrong in advisory/analyst. It is another area in capital markets. What is wrong is doing dishonesty, fudging records to prove high profitability etc to attract clients.
Can we say the same thing for star traders who are going to be on Zerodha's Open Trade ?? These are successful traders and that is confirmed by their actual trades analysis done by Zerodha.....so we cannot say they are not making money in trading.
Smart_trade