We are Fiduciaries. Fiduciaries are expected to offer advice that puts the best interests of clients above everything else, even their own. Fiduciaries have a duty of loyalty and care towards their clients. They avoid conflicts of interests that can undermine the quality of advice.
Brokerages & Commissions have biased the advisory. But RIA does not get remuneration from the manufacturing company (Mutual Funds or Insurance).
Hence NO CONFLICT OF INTEREST.
Securities & Exchange Board of India, SEBI has put details about RIAs in the Gazette of India Dated 21 Jan 2013 called as SEBI (Investment Advisers) Regulations 2013. The link to this regulation is as follows:
http://www.sebi.gov.in/cms/sebi_data/attachdocs/1358779330956.pdf
This standard requires RIAs to act and serve a client’s best interests with the intent to eliminate, or at least to expose, all potential conflicts of interest which might incline an investment adviser—consciously or unconsciously—to render advice which was not in the best interest of the IA’s clients.
Our RIA Credentials
Capital Adequacy Require as per SEBI Guideline
