Becoming a SEBI Registered Investment Advisor (RIA) in India involves meeting specific eligibility rules and following a structured SEBI registration process. To start, ensure you meet the basic criteria: a graduate degree (preferably in finance, economics, or related fields) and either a relevant postgraduate qualification or at least five years of advisory experience. Passing the mandatory NISM Investment Advisor Level 1 and Level 2 examinations is essential, as these certify your competency to offer sebi registered advisory services.

Once eligible, gather the required documents, including educational certificates, experience proofs, net worth statements (₹5 lakh for individuals, ₹50 lakh for non-individuals), identity/address proof, and business plans. After this, create an account on SEBI’s Intermediary Portal and fill out the SEBI registration application (Form A) along with the prescribed fees—₹5,000 for individuals and ₹25,000 for non-individuals at the application stage.

Submit scanned documents and pay the final registration fee after approval (₹10,000 for individuals, ₹50,000 for non-individuals). SEBI may seek clarifications during the review. Once approved, you receive your RIA certificate, allowing you to legally provide registered investment advisor SEBI compliant advisory services. Regular compliance filings and audits are necessary to maintain your registration.