Part-Time SEBI Registration as Research Analyst & Investment Advisor

If you are planning to start your career as a SEBI Registered Advisor or an Investment Advisor but are unsure whether you should go full-time immediately, the concept of Part-Time SEBI Registration is the perfect starting point.

Many individuals, especially working professionals, CAs, CSs, or people from non-financial backgrounds, want to test the waters before fully committing to this profession. SEBI has now made this possible through a historic announcement.

At Taxation Consultancy, we specialize in handling every SEBI-related matter, including:

SEBI Research Analyst Registration
SEBI Investment Advisor Registration
SEBI Portfolio Manager Registration
Part-Time SEBI Registration support
Documentation, NOC drafting & compliance
Website & disclosure setup

This guide will walk you through everything you need to know about becoming a Part-Time SEBI Registered Advisor or Part-Time Investment Advisor, even if you are working in a non-finance job or running a separate professional practice.

Why Part-Time SEBI Registration Became Important in 2026

The financial advisory industry in India has been rapidly evolving. With the rising number of retail traders, stock market learners, and people seeking proper guidance, SEBI recognized the need to allow part-time advisors and analysts who are engaged in non-financial sectors.

This led to the release of a major SEBI circular on 8 January 2025, announcing that professionals working in non-financial roles could apply for Part-Time Research Analyst (RA) or Part-Time Investment Advisor (IA) registration.

This change has opened the door for:

Employees who want to start advisory work part-time
People curious to explore the advisory business before going full-time
CA or CS professionals who want an additional income source
IT professionals, engineers, doctors, teachers & freelancers
Anyone who wants to legally provide research or investment advice without quitting their job

This is one of SEBI’s biggest steps toward democratizing financial advisory services.

Who Can Apply for Part-Time SEBI Registration?

One of the best things about SEBI’s new regulation is that any graduate can now apply for part-time Research Analyst or Investment Advisor registration. There is no restriction on your educational background.

✔ Finance degree not required

Even if you are an engineer, doctor, teacher, IT employee, or from any non-finance background—you are eligible.

✔ Full-time job? No problem

As long as your employer gives you an NOC, you can apply for part-time RA or IA registration.

✔ CA & CS Professionals

You can apply without surrendering your COP, which was a major concern earlier.

✔ Freelancers & consultants

You can apply as an individual and build your own small advisory practice.

This flexibility has encouraged thousands of individuals to explore advisory-related careers.

NISM Certifications Required for SEBI RA & IA Registration

To become a SEBI Registered Advisor, you must clear mandatory NISM exams:

For Research Analyst (RA):

📌 NISM Series 15 – Research Analyst Certification

For Investment Advisor (IA):

📌 NISM Series 10A (Level 1)
📌 NISM Series 10B (Level 2)

These certifications validate your basic understanding of investment advisory processes, ethics, compliance, and wealth management.

Tip: If you want support in completing the exams or preparing the documents afterward, Taxation Consultancy provides complete guidance and even NISM support references.

Client Limit for Part-Time SEBI Registered Advisors

SEBI has imposed a strict limit:

✔ Maximum 75 clients allowed for part-time RA/IA

Once you cross 75 clients, you must either:

Apply for full-time registration
Upgrade your structure
Comply with additional SEBI guidelines

This ensures that part-time advisors maintain focus and do not operate at a scale requiring full-time compliance.

Documents Required for Part-Time SEBI Registration

The documents required for part-time registration are the same as full-time registration, as per SEBI’s guidelines.

Here is the complete list:

✔ Identity & Address Proof

PAN Card
Aadhaar Card
Passport-size photograph

✔ Educational Documents

Graduation certificate
NISM exam certificates (mandatory)

✔ Financial & Compliance Documents

ITR (last 3 years) – Not mandatory as per recent press release; awaiting amendment
Net worth certificate (for Investment Advisor applicants)
Bank statements
Office address proof

✔ Business Declaration

Declaration of “Fit & Proper” person
Undertaking for compliance
Professional conduct confirmation

✔ Mandatory NOC Requirements

If you are working in a company, you must submit:

📌 NOC on official letterhead, signed & stamped

If you are a CA or CS, you can issue an NOC on your own letterhead—no need to surrender your COP.

Taxation Consultancy Advantage

Our team ensures that all documents are:

Properly notarized
Formatted as per SEBI requirements
Uploaded correctly on the BSE portal
Free from errors that cause delays

NOC Format & Employer Permission (Most Important Requirement)

One of the most essential requirements for part-time SEBI registration is the NOC (No Objection Certificate) from your employer.

Why is the NOC Important?

Because SEBI wants to ensure:

You are not working in a financial services entity
Your employer is aware of your additional activity
There is no conflict of interest

Who Needs to Submit NOC?

Working professionals in IT, design, engineering, healthcare, etc.
Corporate employees in any non-financial sector

Who Doesn’t Need to Submit NOC?

Self-employed individuals
Freelancers
CA professionals
CS professionals

If you need an NOC format, Taxation Consultancy provides it instantly — call or WhatsApp us anytime.

Compliance Rules After Becoming a Part-Time SEBI Registered Advisor

Compliance is the most important part once you receive your registration number.

Here are your Dos & Don’ts:

✔ Dos After Registration

Maintain Arm’s Length Separation
Your advisory work must be clearly separate from your job or business.
Disclose All Income Sources to SEBI
Transparency is mandatory.
Prepare Research Reports Before Giving Recommendations
No tip-based advisory allowed.
Use the Correct Disclaimer Everywhere
You must mention “Part-Time Research Analyst / Part-Time Investment Advisor.”
Maintain Records & Audit Reports
Record every research, recommendation, and client communication.

✘ Don’ts After Registration

❌ Do not manage client funds
❌ Do not guarantee profits
❌ Do not give tip-based calls
❌ Do not take login credentials of clients
❌ Do not engage in insider trading

These rules ensure ethical advisory practices.

Mandatory Website Requirement for Part-Time RA/IA

Every SEBI Registered Advisor—including part-time—must have a professional website displaying:

SEBI registration number
SEBI disclaimers
Terms & conditions
Privacy policy
Conflict of interest statements
Fee structure
Research methodology

Taxation Consultancy also provides SEBI-compliant website setups, ensuring you meet all mandatory criteria.

Processing Time for SEBI Registration

Typically, SEBI registration takes:

⏳ 2 to 4 months

The duration depends on:

BSE application queue
Quality of documentation
Completeness of NOC
SEBI queries & response time

We at Taxation Consultancy ensure your application moves faster and avoids unnecessary delays.

Charges for Part-Time SEBI RA/IA Registration

The official registration fee is:

₹15,000 + GST, divided into 3 stages:

Initial fee: ₹2,000 + GST
Main fee: ₹10,000 + GST
Final fee: ₹3,000 + GST

No hidden charges.
No additional government fees beyond this.

Why Choose Taxation Consultancy?

When it comes to SEBI registration, the biggest challenge for individuals is the complex documentation and strict compliance requirements.

At Taxation Consultancy, we:

Handle end-to-end SEBI registration
Prepare & format all documents
Provide employer NOC formats
Ensure SEBI-compliant website setup
Review all your disclosures
Guide you through NISM certification
Respond to BSE/SEBI queries on your behalf
Provide post-registration compliance support

We have a 100% success rate for SEBI RA/IA registrations.

Contact Taxation Consultancy

If you want to become a Part-Time SEBI Registered Advisor or Investment Advisor, reach out to us today:

📞 Call: 8928321757

📧 Email: taxationconsultancy997@gmail.com

💬 WhatsApp: Instant SEBI Support Available

We guide you from exam to registration approval.

Final Words

Part-time SEBI registration is a revolutionary step that allows individuals to explore the advisory profession with minimal risk. Whether you want to start small, build a side income, or test your potential before going full-time, this is the ideal path.

At Taxation Consultancy, we take care of everything—from NISM exams to final SEBI approval—so you can focus entirely on your advisory journey.

FAQs

1. What is Part-Time SEBI Registration?

Part-time SEBI registration allows working professionals in non-financial sectors to become a SEBI Registered Research Analyst or Investment Advisor with a limit of 75 clients while continuing their main job.

2. Can anyone become a SEBI Registered Advisor?

Yes. As per SEBI’s latest circular, any graduate can apply for RA or IA registration.

3. Is NISM certification mandatory?

Yes.

RA requires NISM Series 15
IA requires NISM 10A & 10B

4. Do I need a website for SEBI registration?

Yes, a website is mandatory for all RAs and IAs, even part-time.

5. Is NOC required for part-time registration?

Yes, if you are employed in a non-financial sector.
CA and CS professionals can self-issue NOC.

6. What is the client limit for part-time SEBI advisors?

SEBI allows a maximum of 75 clients under part-time registration.

7. How long does SEBI registration take?

Processing time is 2 to 4 months.

8. What are the fees for SEBI RA/IA registration?

The official fee is ₹15,000 + GST, divided into 3 parts.

9. Can I do advisory work while doing a job?

Yes, as long as you have an NOC from your employer.

10. Can social media influencers become part-time advisors?

No. Influencers must take full-time registration only.