Investment Advisor News

GenAI can uniquely tailor financial advice based on an individual's income, lifestyle, and goals—a luxury once reserved for wealthy clients of human advisors. But GenAI isn’t infallible.

Amfi is supposed to regulate mutual fund distributors (MFDs). If it falls short, Sebi's surveillance systems will take care of it, says new Sebi chief, Tuhin Kanta Pandey.

You can try to send letters or emails to the relevant department, but there is no official channel to place complaints against unregistered investment advisors

Anurag Kesarwani transformed his financial portfolio by surrendering half of his insurance policies and investing in four direct mutual fund schemes through a registered investment advisor. He aims to save on commissions and better plan for his family's future financial goals.

The National Institute of Securities Market's (NISM) 15-month postgraduate programme can be pursued online, offline or part-time.

The Sebi whole-time member said such fees should not be subject to Sebi caps, adding that there would not be any requirement to offer such products through a different entity, as Sebi had contemplated earlier.

Indians will be able to accumulate and distribute their wealth effectively only if they get comprehensive financial planning advice from regulated advisors, and loopholes that other market participants use to dole out advice are removed.

Investment advisers oppose Sebi's plan to limit their scope, arguing it would hinder comprehensive financial planning and mean the end of their profession. They suggest disclosures for unregulated services instead, insisting they be allowed to advise on financial products such as wills and loans.

Can someone who is already doing other activities or pursuing other professions or employment have the bandwidth to professionally provide investment advice?