SEBI Investment advisor

General
1

Hi everyone,

3 friends are looking to start Fee only advisor service with SEBI Investment advisor registration.

1 friend has PG in Finance, 5 years in experience & NISM

Other 2 don’t have PG but have 5 years in experience and NISM

So can we take SEBI Investment advisor registration on Friend name with PG in Finance, 5 years in experience & NISM.

Other two friends with NISM Investment advisor can work under him (talk to clients and plan their financial)

Is it inline with SEBI Guidelines ?

Kindly give a clarification. @nithin @VenuMadhav @ShubhS9 @Meher_Smaran

2

so you’re lazy enough not to read sebi guidelines.

3

@nithin sir looking for you’re guidance.

4

@Bhuvan ?

2 Likes
5

I’ll reply here in a bit.

1 Like
6

Yes the main principal needs to have PG, 5 years of “relevant” experience and then pass the RIA exam. For advisors under him, they need to have NISM X/A & X/B + 2 years of relevant work experience.

I’d recommend reading the circular once

4 Likes
8

Sure will read the master circular, thank for the information.

Since you have mentioned Principal officer, you mean to take Non Individual registration with SEBI as RIA?

@Bhuvan Please confirm this

9

The link does not open

10

No. You only need that if you cross 150 clients. All these basic questions are in the circular. Why don’t you read it.

1 Like