• Candidateslooking to get registered as Investment Advisor will file their application in Form A alongside the necessary documents demanded in the guidelines with a non-refundable fee.

S. No Particular Fees 1 Individual and Firms INR 5000 2 Body Corporates inclusive of Limited Liability Partnerships INR 25000

• After receiving an application, the Board might require the candidate to outfit additional data or explanation or even may request that they show up in person before the board with respect to issues found in investment advisory services. The Total time in which candidates get registered absolutely relies upon how they satisfy each of the necessities and gives the total information in all regards.

• Prior to giving certificates the board will think about the accompanying points, of whether the candidate is an individual or a body corporate or a firm.

If candidate is an individual, he should have the accompanying qualification-

1. A Professionally qualified or a postgraduate or should possess a postgraduate diploma in finance, bookkeeping, commerce, capital market, business management, economics, insurance, banking, from a recognized institution, perceived by the central government/ state government/ recognized foreign university/ association/ institution.

2. An alumnus in any discipline with an experience of somewhere around five years in advisory activities connecting with portfolio management, fund, assets, or financial products.

3. Other different prerequisites as determined in guideline 7

• While the candidate is a body corporate, each of the delegates on behalf of the candidate who gives investment advice are properly qualified and certified as indicated in guideline 7; Similarly, if there exists a Firm or LLP.

• Whether the candidate satisfies the capital adequacy prerequisites as determined in guidelines as depicted underneath-

1. If it is a body corporate, it will have net worth at the very least INR 25 lakhs though if it is an individual or Partnership firm net worth ought to be at the very least INR 1 lakh.

• The candidate, its delegates, and partners, if any, are fit and proper persons based on the standards determined in Schedule 11

• Once, the board is contended that the candidate follows each of the prerequisites as indicated in guidelines, will send the intimation to the candidate and on receipt of registration fee as recommended underneath:

S. No Particular Fees 1 Individual and Firms INR 10000 2 Body Corporates inclusive of Limited Liability Partnerships INR 500000

The Board will give the registration certificate in Form B as indicated in guidelines. It stays valid except if it has been suspended or dropped.