mitalitita.com

Investment Advisors Registration

Investment Advisor Registration

If you want to legally offer investment advice in India — whether to clients, family offices, HNIs, or retail investors — SEBI requires you to register as an Investment Advisor (IA). This isn’t just a formality. It protects investors, builds market credibility, and allows you to advise professionally without regulatory risk.

What is Investment Advisor Registration?

A mandatory SEBI license for individuals, firms, and companies providing investment advice on securities, portfolios, financial planning, or asset allocation. Once registered, you must follow SEBI’s conduct, disclosure, and fee guidelines.

Who needs it

  • Financial planners

  • Wealth advisors and fee-based consultants

  • Research analysts advising clients directly

  • Professionals recommending securities or portfolios

  • Firms offering advisory through apps, webinars, or digital platforms

If you’re giving personalised investment advice for compensation, you need IA registration.

Eligibility basics

  • Graduate + relevant professional qualifications (NISM Series-X-A & B)

  • Minimum 5 years of financial services experience (for non-individual applicants)

  • Net worth requirement:

    • Individuals/partners: ₹5 lakh

    • Body corporates: ₹50 lakh

  • Fit and proper criteria and clean regulatory record

What we handle

  • Eligibility evaluation and advisory

  • Documentation, drafting, and application preparation

  • Net-worth certification and compliance support

  • NISM exam guidance and disclosures

  • SEBI application filing and follow-ups

  • Final registration and post-approval compliance setup

Key documents required

  • Educational qualifications and NISM certificates

  • PAN, Aadhaar, address proof

  • Experience and employment records

  • Net-worth certificate from CA

  • Business plan, compliance manual, and declarations

  • Corporate documents (if applying as LLP/company)

Our process

  1. Understand business model and eligibility

  2. Prepare documents and compliance framework

  3. File SEBI application with supporting annexures

  4. Address queries, clarifications, and inspections

  5. Receive IA registration certificate and onboarding guidance

Frequently Asked Questions

Typically 2 to 6 months, depending on documentation and SEBI queries.

 

Not legally, unless it’s generic, unpaid, and non-personalised.

 

Not if they earn only commission and don’t provide advisory. Dual roles aren’t allowed.

 

Yes, registration must be renewed every 5 years.

 

Yes, provided eligibility, net-worth, and compliance systems are in place.