Registration as investment advisor means you are going to provide trading advice to clients individually after checking their risk-reward ratio, not providing your research report as a whole. To register as investment advisor a person should have Professional qualification or 5 Years experience in stock market , banking or insurance. NISM Investment Advisor LEVEL-1 & NISM Investment advisor Level 2 should be cleared from your side. A person should follow all the regulations given SEBI (Investment Advisers) (Amendment) Regulations, 2020 - As per latest updation Individual should have Rs 5,00,000 Net worth certificate.
Registration as research analyst means you are going to provide your research report as a whole to all client . In simple words providing BUY/SELL/HOLD recommendation to all clients without checking their risk - reward ratio.To register as Research analyst a person should have Professional qualification or graduate + 5 Years experience in stock market , banking or insurance. NISM Research analyst exam should be cleared from your side. A person should follow all the regulations given SEBI(Research Analyst) Regulations 2013 - n Individual should have Rs 1,00,000 Net worth certificate. Understand complete research analyst registration process on our official webpage.
Above 2 are the major difference between registration as investment advisor and registration as research analyst. If you are still confused about you need to go for registration as investment advisor or need to go for registration as research analyst. Don't hesitate to call us on 9416066041 & get consultancy with one of the best investment advisor registration consultant.