So you are looking for the Best SEBI Registered Investment Advisor in India? Or you are looking for Sebi Registered Investment Advisers list 2023. Or maybe you are just looking for fee-only Investment Advisors or Fee-only Financial Planners near you?
But to be fair, there are several good investment advisers and it may be difficult to say who is the best among them.
Why? Because it’s quite possible that one SEBI Registered Investment Advisor may be good for someone but another adviser may be better for someone else. So it also depends on the investor or the client’s requirements which decides who is the best SEBI registered Investment Advisor for them.
I, Dev Ashish am a SEBI registered Investment Advisor. I provide fee-only investment advisory and financial planning services to small investors and HNIs.
But why should you only consider SEBI registered Investment Advisor to take investment advice? After all, there are many others who are ready to give advice – like bank relationship managers, mutual fund distributors, IFAs and insurance agents.
Why is it that its best for you to go only to a SEBI registered Investment Adviser?
A good or the best SEBI Registered Investment Advisor will always give you proper, conflict-free investment advice which is customized as per your unique requirements and financial goals.
Why conflict-free and unbiased advice?
Because the best SEBI Registered Investment Advisor does not receive hidden commissions like distributors and agents, IFAs) which can bias their investment advice.
Instead, these Investment Advisors get fees directly from the clients.
This means that the unbiased advice which SEBI registered Investment Advisor give is the only source of income for them and they are not dependent on any other company (AMC, Insurance Company, etc.).
A good Investment Advisor will work with the clients to prepare a well-thought-out, clear, actionable goal-based investment plan. And it would not be an exaggeration to say that a well-thought-out financial plan can really sort out your financial life [Must Read].
And who doesn’t want to have a sorted and relaxed financial life?
I think everyone does want that – as it is rightly said: You must gain control over your money or the lack of it will forever control you.
Now you may ask that How is a SEBI Registered Investment Advisor different from Agents and Distributors who (wrongly) seem to be giving free financial advice?
In India, when it comes to getting financial advice, people feel that free advice is good enough. But that is a mistake and which costs a lot in the long run. Why? Because when agents and distributors give you their so-called free financial advice, then they are only pushing products which give them big commissions. They are not concerned whether the product is suitable for you or not. They are just product sellers and not real financial advisors.
I repeat as this is important – the insurance agents, mutual fund distributors, IFAs don’t charge you any fees. But they do get fat commissions by selling various financial products like mutual funds, insurance, structured products.
And they will use random terms like personal finance advisor, financial advisor, etc. to seem legitimate. But the fact is, that SEBI only allows RIAs to give comprehensive advice to investors. Others (like distributors, IFAs, agents) are just product sellers who should only be giving incidental advice, i.e. they just sell their products.
I suggest that you also read a note where I wrote in detail about Is Your Financial advisor really on your Side?
If you are looking to choose the Best SEBI Registered Investment Advisor, you first need to know that for all RIAs, i.e. Registered Investment Advisors, it is mandatory to get SEBI registration. So you should always check if the investment advisor is registered with SEBI or not on the list of SEBI Registered Investment Advisors on SEBI’s website.
But since you need to pay the fee, you might ask whether these SEBI Registered Investment Advisors really worth the fee they charge?
Since SEBI Registered Investment Advisors charge fees directly from investors, it can be said that the probability of them giving unbiased, conflict-free and proper advice is very high. And that is important. You may want to save a few thousand by trying to take free advice of agents and other such people. But this is the case of being penny wise pound foolish.
Remember, a good investment advisor can be the difference between meeting or missing your financial goals. And it won’t be wrong to say that a few important pieces of financial advice from a good investment advisor can offset many years of the fee charged by them.
As a SEBI Registered Investment Advisor, I can help you build a proper Financial Plan for your financial goals. In addition, I also work with affluent and HNI clients to create a proper investment strategy for their large portfolios.
I am sure that as an investor, it doesn’t matter whether you are a big investor or a small investor. You would naturally want to and would look for the best SEBI registered investment advisor in India to help you with your financial goals and portfolio. Isn’t it?
There are several good investment advisor working in India and to be fair, you need to do the due diligence to find out which one is best suited for you. You can check the list of SEBI Registered Investment Advisors. If you are searching for investment advisor near me, then understand that the nature of investment advice is such that it can be given via online or telephonic mode as well. I myself being a SEBI registered Investment Advisor (SEBI registration number INA100005241) handle clients from across India.
If you are interested in discussing with me to take look at your portfolio or help you with your financial goals, you can use this form to contact me.
Wrong financial advice can put you in a seriously bad situation. And you don’t want it. Right? What you want is to get proper investment advice which is unbiased and not influenced by commissions. In the interest of the investor community, SEBI insists that all investors only deal with registered investment advisors. Stable Investor by Dev Ashish is a popular SEBI Registered Investment Advisor.
In your search for the best SEBI registered investment advisor in India 2023, you must find out the one which is trustworthy, competent and who shows you the real picture instead of telling you only what you want to hear. How to check SEBI registered investment advisor or advisory company? Just check this alphabetical list of registered investment advisors on SEBI’s website.