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.

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.

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.

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

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

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

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.

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

📌 NISM Series 15 – Research Analyst Certification

📌 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.

SEBI has imposed a strict limit:

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.

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

Here is the complete list:

• PAN Card
  
• Aadhaar Card
  
• Passport-size photograph
  

• Graduation certificate
  
• NISM exam certificates (mandatory)

• 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

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

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.

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

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

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
  

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

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

Here are your Dos & Don’ts:

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

1. ❌ Do not manage client funds
   
2. ❌ Do not guarantee profits
   
3. ❌ Do not give tip-based calls
   
4. ❌ Do not take login credentials of clients
   
5. ❌ Do not engage in insider trading
   

These rules ensure ethical advisory practices.

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.

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.

The official registration fee is:

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

No hidden charges.
No additional government fees beyond this.

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.

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.

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.

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.

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

Yes.

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

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

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

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

Processing time is 2 to 4 months.

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

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

No. Influencers must take full-time registration only.