logo
. . .

SEBI Investment Advisors Registration

CorpZo offers a comprehensive guide and assistance for SEBI Investment Advisors Registration. The page provides detailed information about who SEBI RIAs are, the mandatory registration, SEBI regulations, eligibility requirements, qualifications, and the r

0

Satisfied Customers

0

Global Business Setups

0

Professionals (CA,CS, Lawyers)

0

Offices

[ Rated 4.9 Stars By 7863+ Customers Globally]
Slider One

WHO ARE SEBI RIAs (REGISTERED INVESTMENT ADVISER)?

A professional who has been authorized and registered with the Securities and Exchange Board of India (SEBI) to offer clients financial advising services is known as a SEBI-Registered Investment Advisor. A SEBI-Registered Investment Advisor is required to adhere to the code of conduct, disclosure standards, and minimal educational and professional experience criteria as specified in SEBI (Investment Advisers) Regulations, 2013

A SEBI-Registered Investment Advisor's main duty is to provide customers with unbiased and individualized investment advice based on their financial goals, risk tolerance, and investment preferences. A SEBI-Registered Investment Advisor is able to offer investors credible and transparent advice.

REGISTRATION MANDATORY FOR

Anyone who meets the criteria to be considered an investment advisor must register with SEBI.

  • A person who offers investment advice or conducts research analysis is referred to as an investment advisor in the legislation.
  • This includes individuals, partnership businesses, LLPs, companies, and any other type of entity that charges clients for financial advising services.
  • Investment advisory business representatives and staff members who engage with clients and offer advise ought to be registered with SEBI.
  • A banker, chartered accountant, or insurance professional who provides incidental advice is not obliged to register as an investment advisor.

However, if this person wants to offer investment advice as their main service, they can register as an IA with SEBI.

SEBI REGULATION (INVESTMENT ADVISERS) REGULATIONS, 2013

Registration: RIAs must register with SEBI and adhere to minimum experience and certification standards. They must also succeed on a certification examination.

Fiduciary: Duty RIAs have a fiduciary duty to behave impartially and in the best interests of their clients.

Disclosure: RIAs should be transparent about all aspects of their investing services and products, including fees.

Record-keeping: RIAs are required to keep thorough records of all customer contacts and transactions.

Compliance: RIAs are required to abide by all SEBI rules, including those pertaining to client confidentiality, conflicts of interest, and marketing and advertising

ELIGIBILITY REQUIREMENTS

The following qualifications are required for registration as an RIA.

  • Five years or more of related experience.
  • No prior convictions for a financial crime or a violation of securities regulations.
  • Not a depository participant, stockbroker, or sub-broker, nor affiliated with one.

QUALIFICATION

  • A post graduate degree in finance, economics, or business administration is the bare minimum educational need.
  •  or a professional credential such a CA, CFA, or MBA.
  •  The candidate must have completed both the NISM-Series-X-B: Investment Adviser (Level 2) certification and the NISM-Series-X-A: Investment Adviser (Level 1) Examination from the National Institute of Securities Markets (NISM).
  • The individual or company must have at least five years of experience working in securities market-related roles such as fund management, research analysis, or investment advice services.
  • According to SEBI regulations, individuals must have a minimum net worth of Rs. 5,00,000, while partnership firms and businesses must have a net value of Rs. 50,00,000.

HOW TO REGISTER AS AN INVESTMENT ADVISOR

The following are the steps for registering investment advisors online on the SEBI website:

  1. Go online and access the SEBI Intermediary Portal by selecting the Self-Registration link.
  2. The following information must be included in the applicant's cover letter:
  1. The applicant's ability to offer investment advising services prior to current regulations. If so, give more information.
  2. Information regarding the investment guidance given prior to such application.
  3. It is submitting  an application to be registered as a new investment adviser offering advisory services.
  1. The applicant must include the following as part of the registration process:

                   a. Form A, which must be correctly filled out, numbered, signed, and stamped.

                   b. Rs. 5,000/- in application fees paid by bank draft made out to "The Securities and Exchange Board of India," payable                                                     at Mumbai.

  1. For the purpose of evaluating the award of registration, SEBI shall take into account all the requirements outlined in the Regulations. After verifying that the applicant complies with the requirements, SEBI will approve the application and notify the applicant. Upon receipt of the registration fee, the applicant will receive a certificate of registration, subject to any terms and limitations the Board may deem appropriate and fit.

     5. Following clearance from SEBI, the applicant must pay a registration fee of Rs. 1,00,000 (if corporate) or Rs. 10,000 (if individual) via bank              draft payable to "The Securities and Exchange Board of India" with a Mumbai mailing address. SEBI shall issue the applicant the certificate of             registration as an IA upon receipt of the registration/reregistration costs.

Post registration, conformity

  1. The IA must adhere to the reporting criteria set forth by SEBI from time to time once registered.
  2. The IA is required to periodically examine the SEBI website for any updates, circulars, or recommendations that SEBI may occasionally issue with regard to the IA.
  3.  Within a reasonable amount of time, the IA must notify SEBI of any major changes to the information already provided to SEBI.

Grant of a Registration Certificate

The applicant receives an email from SEBI requesting the mailing of a registration certificate to the registered address specified in the application along with a registration number and will be valid [till  it  is suspended or cancelled by the Board.]

ROLE OF SEBI (RIAS)REGISTERED INVESTMENT ADVISORS

Following are some of the primary responsibilities of SEBI Registered Investment Advisors (RIAs), as outlined by SEBI regulation.

OFFERING FINANCIAL ADVICE

According to their clients' specific needs, such as their financial goals, risk tolerance, and investment preferences, SEBI RIAs must offer them individualized investment advice.

Educating Customers

Additionally, SEBI RIAs must inform their clients of all of the available investment options, including the risks and potential rewards. Clients of investment advisors are also assisted in understanding the complexities of investing in securities and the actions of the market.

Performing Research

In order to build the best possible investment portfolio, SEBI RIAs do research on a variety of investment options and give customers the most recent information on market trends, business advancements, and investment techniques.

Portfolio Administration

Additionally, SEBI RIAs are required to provide clients with portfolio management services. This aids customers in creating an investment strategy that is well-diversified and customized to their unique needs and objectives.

Compliance

All regulatory standards outlined in the SEBI (Investment Advisers) Regulations, 2013, must be followed by SEBI RIAs. The upkeep of customer privacy, the avoidance of any situations involving conflicts of interest, and the preservation of proper transparency in revealing all fees and charges related to their services are among these responsibilities. Additionally, RIAs must maintain accurate records for at least five years of all client communications and transactions, including suggestions and choices regarding investments.

  • STAGE 1

    CONNECT WITH US

    We are just a call or message away!

    Call or WhatsApp us on +91-99991-39391 for free consultation from our team of experts. You can also email us on [email protected].

  • STAGE 2

    PROCESS AND DOCUMENTATION

    Your consent is essential!

    We share the detailed and reasonable estimated costs, documents and prerequisites for the complete process before starting the process to ensure transparency.

  • STAGE 3

    SHARE YOUR DOCUMENTS

    We ensure timelines are met!

    Our team warrants hassle free documentation. We collect the necessary documents and share the relevant drafts to ensure a timely filing and delivery.

  • STAGE 4

    PROCESSING AND UPDATE

    Precision is our speciality!

    Upon collecting the necessary documents and information, we waste no time in preparation and filing of your application. development on your application is brought to your attention.

  • STAGE 5

    SUCCESSFUL COMPLETION

    We deliver what we commit!

    On successful completion of the case we share all the relevant documents electronically and physically along with an assurance to pay you back if something is wrong.

Request A Callback
Related Services

Expert Legal Advisory Our Customers Love

Bespoke advisory focused on mission critical legal, financial and business aspects.

server room

Trusted By Clients And Industry Experts

At Corpzo, our clients’ success stories speak volumes. Discover how businesses across various industries have leveraged our expertise to achieve their goals. Read firsthand accounts of our commitment to excellence and the impact we've made in supporting their growth and compliance needs.

Empowering You with Expert Insights and Knowledge

At Corpzo, we are dedicated to empowering our clients with valuable knowledge and insights. Our team of experts regularly shares in-depth articles, comprehensive guides, and industry updates on Knowledge Varsity. Whether you're looking for the latest trends in alternative investment funds or need expert advice on navigating the complexities of drug licensing, our resources are designed to keep you informed and ahead of the curve. We believe that informed clients make better decisions, and our goal is to provide you with the expertise you need to succeed.

Explore CorpZo Insights
Let’s chat? - We're online
Corpzo Chat Now Corpzo Chat Image
Book An Appointent

Shabnam

From Mumbai Recently Purchased @Partnership Firm Registration