Do you plan to register as an investment advisor with SEBI? A crucial stage in developing into a great financial counselor is becoming a SEBI Registered Investment Advisor. To adequately counsel customers on the finest financial possibilities, one needs to possess a great deal of specialized expertise. Here is a guideline to help you get started so that you may learn more about the procedure and requirements for becoming a SEBI Registered Investment Adviser.

Investment advisors in India are regulated by the Securities and Exchange Board of India (SEBI). You must adhere to certain procedures and satisfy certain requirements in order to become a SEBI certified financial advisor.

We’ll walk you through the process of becoming a SEBI-registered investment advisor in this blog article.

Step 1: Meet the Eligibility Criteria

You must fulfill the requirements established by SEBI in order to become a registered investment advisor with SEBI.

The following are the eligibility requirements:

  • A registered partnership firm, body corporate, limited liability partnership (LLP) firm, or an Indian citizen are requirements.
  • A professional degree in finance, law, accounting, business management, or a closely connected discipline is required.
  • A minimum of five years of expertise in tasks involving portfolio management, advise on investment instruments, or securities is required.
  • You need to be at least Rs. 1 lakh in net worth.

Step 2: Complete the Certification Course

Once you have met the requirements, you must pass an investments advisory services certification exam. Several colleges in India provide the required certification course. Types of investments, portfolio construction, risk mitigation, and wealth management are just a few of the subjects covered in the course. The duration of the course, which can be finished in person or online, is three to six months.

Step 3: Apply for SEBI Registration

You must submit an application for SEBI registration as an investment advisor after finishing the certification course. By going to the SEBI website and completing the application form, you can accomplish this digitally. You must include documentation on your personal information, educational background, work history, and personal wealth on the application form.

Step 4: Submit Documents and Pay Fees

You must submit specific paperwork with your application, including your PAN card, Aadhar card, bank statement, and certificates of professional certification. A registration cost of Rs. 10000 for individual advisers and Rs. 5 lakhs for corporate advisors is additionally due.

Step 5: Pass the SEBI Examination

After submitting the application and documents, you need to pass the SEBI examination on investment advisory services. The examination is conducted by the National Institute of Securities Markets (NISM) and covers topics such as financial planning, investment products, and regulatory framework. The examination can be taken online and has a duration of two hours.

Step 6: Receive SEBI Registration Certificate

Once you pass the SEBI examination, you will receive your SEBI registration certificate as an investment advisor. The registration certificate is valid for three years and needs to be renewed thereafter.

Summing Up

You must meet specific qualifying conditions, finish a certification program, apply for SEBI registration, supply supporting documentation and pay fees, pass the SEBI examination, and obtain the SEBI registration certificate in order to become a SEBI registered investment advisor. The procedure might be time-consuming and needs dedication and commitment on a particular level.

But you will have the chance to offer clients financial advising services and have a beneficial impact on their financial wellbeing after you are a SEBI certified financial advisor.

From where to persuade SEBI Register course:

If you’re interested in pursuing a career as a SEBI registered investment advisor, then ICOFP can help you achieve your goals. With a comprehensive curriculum and experienced faculty, ICOFP can provide you with the knowledge and skills you need to succeed in this field. So, don’t wait any longer and start your journey towards becoming a SEBI certified financial advisor.