How to registered as SEBI Investment Advisor -Complete Process

We have updated this information with Sebi (Investment Advisors) (Amendment) Regulations, 2021

It's not an easy step to get registration from SEBI as Investment Advisor

This is a detailed step by step guide to the SEBI Registered Investment advisor Application Process under SEBI(Investment Advisers) (Amendment) Regulations, 2020.  It will help anyone with the necessary qualifications (see below) to apply for the SEBI Investment Advisor certification.  We are a firm of Chartered Accountants, so if you are looking to register as an investment advisor as an Individual or Private limited company get any help on the registration process with our CA - call  on 9729953675

The following minimum qualifications are required to become an Investment advisor in India.

As per Regulation 7 of the Investment Advisor Act 2014

1. A professional qualification or postgraduate degree or postgraduate diploma in finance, accountancy, business management, commerce, economics, capital market, banking, insurance or actuarial science.
   or You have at least five years in activities relating to advice in financial products or securities or fund or asset or portfolio management.
2. NISM Certificate (Investment Advisor Nism Level 1 )
3. NISM Certificate (Investment Advisor Nism Level 2 )

In simple words, Having 5 years’ experience in the financial sector can pass the following examination by the National Institute of Securities Markets (NISM) and apply to SEBI for registration as an Investment Advisor. From Oct 2020 ( 5 Years Experience is compulsory to register as an Investment advisor)

Documents required

1. Proof of Identity
2. Proof of address
3. Proof of qualification (Degree certificates, NISM exam certificates )
4. Experience Certificate in case of graduates (e.g. Insurance agency license, MF ARN card, etc.)
5. CIBIL Score
6. Net worth certificate from a Chartered Accountant (Minimum net worth requirement is rupees five lakh for individuals or partnership firm.)
7. Income Tax Returns for the last 3 years
8. Various declarations.

The registration process is completely online.
1. Getting access to the SEBI Intermediary portal by paying the initial registration fee of ₹2000. ( Earlier it was ₹5000)
2. Filling the Investment advisor registration form on SEBI intermediary portal and uploading relevant documents.
3. Paying a registration fee of ₹3,000 after the application is approved by SEBI.

4. Good News for Company Registration- Amendment Application Fees ₹10,000/- ( Earlier it Was ₹ 50,000) and registration fees ₹ 15,000 ( Earlier it was ₹ 5,00,000/- )

In this section, you have to upload self-certified copies of identity proof, address proof, supporting documents in respect of qualification. NISM Investment advisor XA and NISM Investment advisor XB exam certificates, 3 years Income tax return, and a copy of a net worth certificate from a chartered accountant.

This is the main section regarding the Investment advisor registration application and here you need to upload a proper Business Plan, Risk Policy management system and other relevant necessary information. Call us to get all the relevant Documents.

In this section, you have to upload a complete list of infrastructure you have one by one and attach all the necessary proof you have for infrastructure. Also need to upload a declaration regarding infrastructure.

Independent applicants have to upload a declaration that they will not carry out any distribution and execution services post-grant of registration of investment adviser by SEBI. 

In this section, As discussed above, there are lots of declaration required in process of registration as a Investment advisor. In this section, you have to upload all the other necessary information and declarations.

Fees Details will be shown in FORM A automatically.

After filing Form A online, you will get FORM A in your mail id and we need to send this FORM A along will all the necessary documents and information to the nearest SEBI office.

If you want to know how to register as a research analyst ??  check our official webpage.