Stock Market में Investment Advisor कैसे बने? #SEBIRegulations - YouTube

Have you given your money to anyone in the stock market to manage?

have you given it to someone else to manage and you want to know whether the individual or a firm managing your money is SEBI authorised or not?

do you want to start your own business, you are an expert and you want to manage others money

if you want to know how do you the process of managing others money.

I will give all the clarification in this video. Whether you have spent money or want to take money

I will provide answers to both in this video

I am Vivek Bajaj and I am in the market for some time now and I understand what's happening in the market

people who enter the the stock market want to increase their capital by 2x, 3x, 4x, 5x

but it's important to know that if a problem occurs then who will be responsible for it?

who is the regulator and who will regulate this? We all know SEBI regulator of Indian securities market

and have created a lot of laws. Any intermediate or agency working on behalf of you must have a license

Or if you want to start working then you need to take a license before starting

I had recorded video where I explained how you can make a career in the stock market

this is just an extension video. In the previous video I talked about research analyst

in this video I will discuss how can you manage others money. Let's discuss this

there are two things. Firstly, managing others money without taking money from them

secondly, managing others money by taking the money. These are two separate things

in the first one, the money stays with the client and I am an investment manager who is advising the client

for that we need an investment advisory license. I am trading for the client and

at the end of the day I am informing the client and transferring the trade to the client

this is known as Portfolio Management Services. I get client's money but at the end of the day I allocat it to the client

I traded these many shares on your behalf. Thirdly, client gives me money and I manage it

An NAV is calculated, this is what has happened with your money and on a periodical basis

mostly on a monthly basis inform the client that this is the situation of your money

it's like a mutual fund but it's for high-end customer as the capital requirement is higher

in the first case, there is no Capital requirement or restriction. You can take one rupees from a client and manager it or advice

you will not take money from the client. In the second case of PMS that is Portfolio Management Services

you need to take a minimum of 50000 rupees per client or else you cannot start the work

Third there is a if that is Alternate Investment Fund, need to take a minimum of 1 crore rupees from the client

in both cases you get the money from the client and you need to inform the client as per the performance

but in the first category of investment advisory, you recommend client and build portfolio for them

but you do not make transactions for them. A research analysis shares the idea

But an investment advisor needs to build a Portfolio as per the client's requirement

and track the portfolio. Investment advisory is more engaging. You get more involved with the client

research analyst is not get more involved with the client, the only focus on Idea generation

Since investment advisory is more engaging you can do profit sharing with the client, and ask for fees as per the client size

but since you do not get engaged on client-specific as a research analyst. Your role is only to generate ideas

then you can only charge a fixed fees either monthly quarterly or yearly.

You will get all the details here of all the investment Advisors if you want to become an investment advisor then what's the process

let's go to SEBI's website. In the home page you will see the section called intermediaries where you will get the recognised intermediaries

you can search for investment advisor. There are 1322 investment advisers in India

they have the license to advise the clients on their Investments. You'll get the names when you click on it

if someone claims are there investment Advisors, then please

search the name in this website and check whether they actually have the license or not

if you want to become an investment advisor then just google SEBI investment advisers regulations

click on it you will get a PDF provided by SEBI where they have penned down all the requirements of becoming an investment advisor

this is a small document. You can take help of a lawyer. If you fulfill all the requirements then you can become an investment advisor

The major clause is that you need to have a certain level of qualification. A postgraduate certification is preferred

to have decent background and decent knowledge before becoming an investment advisor

additionally SEBI also considers the NISM exam as a very important exam.

You need to pass it to be recognised knowledgeable person. Apart from this, an investment advisor needs to pay a small fee

a corporate investment advisor needs to pay around 5 Lakh rupees and fees for individual investment Advisors is around 25000

download this document and if you want to become an investment advisor

then prepare the document set as per this document and apply to SEBI with the complete set

you will get the investment advisory license within few days or months

You will get in ID for investment advisor, you need to communicate using that ID

if you have given your money to someone then it's very important for you

to understand whether that individual or form is authorised or not

the best way to check the authorisation is to go to SEBI’s website and check the intermediaries list

you will get all the names who have been authorised by SEBI.

Please don't give money or your account to someone who is not authorised by SEBI

SEBI is very strong authority with a strong audit process.

You might lose your money if you do not go to authorised people. Please beware

if you want to become an advisor then there is a lot of scope. You can do equity advice

but you can also advise on currency, commodity, mutual funds, if you want to become an entrepreneur

this was a small initiative to tell you about the different occupations.

Investment advisory is also very interesting occupation where you do not execute but advise the client

I hope you like, share the video and subscribe to my channel. Thank you and take care