“Finding a fiduciary financial advisor who best suits your needs can be harder than finding a new hairdresser – and obviously a great deal more important, as your hard-earned money doesn’t grow back..”
– Tony Robbins
We are delighted to inform you that after almost one year of intense efforts including clearing two exams and great deal of paperwork, we have now received our registration from SEBI as an Investment Adviser. Our registration number is INA000007313. There are only ~500 such registrations in India and ~17 in Pune, which is a clear recognition of our ability to create value for our clients.
We take this opportunity to thank you from bottom of our heart for all the continuous support and encouragement. It is this immense trust of our clients that makes us unstoppable in conquering new frontiers.
Friends, you might know many people who call themselves 'Investment Advisers' or 'Financial Advisors' when in fact they are sub brokers or distributors or agents of Brokers/Mutual Funds/Insurance agencies. Given that they receive commission from the companies whose products they are selling, their primary motive is to 'Sell' the product to maximize the commission rather than protecting the client interest.
What differentiates SEBI registered Investment Advisers is that all of us have given a written undertaking to SEBI that we will not distribute any financial product and not receive any commission from a Broker/mutual fund or insurance company. This implies 'no conflict of interest' with our clients. We strive to give advice that is in the best interest of our clients and charge a fee transparently for this advice (directly from the client rather than getting any commission).
So, next time when someone introduces themselves as investment adviser, please do ask them whether they have registered or applied for registration with SEBI. If not, no need to panic. However, please be careful and ensure that you properly understand whether the product you are buying is in your best interest. Just like you would do while tackling a sales person trying to sell you a house, a car, some jewelry or clothes...That might go a long way in safeguarding you and protecting your wealth.
Our registration with SEBI is a testimony not only of our abilities but also our intent to provide honest and transparent advice to esteemed clients like you.
Thanks once again for all your support and encouragement...
Happy Investing!
Team Inertia