June 07, 2013

IA ( Investment Advisor ) SEBI Makes Registration Compulsory- Satyakam Mishra Update

Fee structure for IA registration?

The application fee for the IA registration is Rs 5000.After the approval, the applicants have to pay registration fees of Rs 10,000 (for individual) and Rs 1, 00,000 (for non-individual).

Why should you look out for IA?

From 21-10-13  no person is eligible to provide financial advice to their clients for a fee unless the person is registered as an IA or has applied to be registered as IA. Hence, it is now mandatory to have an investment adviser registration for practicing financial advisory profession.

Where can you submit the application for IA Registration?

The application could be submitted at the SEBI’s head office located in Mumbai. The application could also be submitted at its regional offices in Kolkata, Delhi, Chennai and Ahmedabad and local offices in Bengaluru, Bhubaneshwar, Guwahati, Hyderabad, Indore, Jaipur, Kochi, Lucknow and Patna.The addresses of the offices of SEBI are available on the website at

 www.sebi.gov.in 


and also on the link 


http://www.sebi.gov.in/sebiweb/stpages/contact_us.jsp


Satyakam Mishra

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