BuildWrightFor Advisers

After registration

SEBI RA and IA compliance after registration

Registration is the start of the work. A registered Research Analyst or Investment Adviser has an audit, a segregation certificate, a website, a deposit and a set of dated filings to keep up every year. BuildWright Consultants prepares the files, tracks the dates and keeps your documents current, so your time goes to research and clients.

What BuildWright handles

We prepare the files

Audit papers, disclosures, client agreements and the records SEBI expects, drafted and kept current.

We arrange the segregation certificate

The client-segregation certificate the rules ask for, arranged and on file before it is due.

We track the dates

Audit, 31 October, 30 April and renewal dates sit on one calendar that we watch.

We keep the documents current

When a rule or a client count changes, the matching document changes with it.

Compliance services
Annual compliance auditResearch Analysts and Investment AdvisersQuoted on a callHalf-yearly report to BSEResearch Analysts and Investment Advisers, individual or non-individualQuoted on a callClient-segregation certificateResearch Analysts and Investment AdvisersQuoted on a callMITC and client agreementResearch Analysts and Investment Advisers₹24,999Risk profiling for Investment AdvisersInvestment AdvisersInside the ₹24,999 Documentation PackResearch policies and trading restrictionsResearch AnalystsInside the ₹24,999 Documentation PackAI-use disclosureResearch Analysts and Investment AdvisersIncluded in the ₹15,000 compliant websiteDeposit and threshold reviewResearch Analysts and Investment Advisers₹9,999 a yearMonthly compliance planResearch Analysts and Investment Advisers₹2,999 a monthIndividual Investment Adviser to companyIndividual Investment Advisers₹35,000NISM certification trackingResearch Analysts and Investment AdvisersQuoted on a callBSE observation responseResearch Analysts and Investment Advisers who filed their own application₹7,500 per roundDigital accessibility for RAs and IAsResearch Analysts and Investment Advisers, individuals includedQuoted on a call@valid UPI ID setupResearch Analysts and Investment Advisers who collect fees from clientsQuoted on a callPost-registration changesResearch Analysts and Investment AdvisersQuoted on a call
What a registered adviser has to keep up

Open any item for the detail. Each one comes from SEBI's regulations and master circulars, current to October 2026. For your own dates, use the free compliance calendar.

Annual compliance auditRA and IA

The audit happens within six months of the financial year end. The report goes to the BSE administration body (RAASB for RAs, IAASB for IAs) and SEBI within one month of the audit report date. Adverse findings, with the action taken, are filed within one month and not later than 31 October each year. The auditor can be a chartered accountant, company secretary or cost accountant. The audit status is published on your website.

Client-segregation certificateRA and IA

An annual certificate from a member of ICAI, ICSI or ICMAI (the statutory auditor for a non-individual) confirms client-level segregation. It forms part of the compliance audit.

Functional websiteRA and IA

Regulation 19A of both sets of regulations requires one. See the compliant website page for what it carries.

MITC and client consentRA and IA

The Most Important Terms and Conditions are disclosed, and for an RA the client's consent is taken before any service or fee. IAs carry the MITC inside the advisory agreement.

AI-use disclosureRA and IA

An adviser who uses AI tools must disclose the extent of that use and stays responsible for data security, confidentiality, integrity and any advice built on AI output.

Deposit slab revision by 30 AprilRA and IA

The deposit follows the maximum number of clients on any day of the previous financial year: up to 150 clients is Rs 1 lakh, 151 to 300 is Rs 2 lakh, 301 to 1,000 is Rs 5 lakh, and above 1,000 is Rs 10 lakh. If the slab changes, the deposit is revised by 30 April.

The 300-client and Rs 3 crore lineIndividual IA

An individual IA who passes 300 clients at any point, or Rs 3 crore of fees in a financial year, whichever comes first, must apply for in-principle registration as a non-individual IA.

Client fee capRA and IA

Regulation 15A caps fees at Rs 1,51,000 per family a year for individual and HUF clients, excluding statutory charges. IAs can alternatively charge up to 2.5% of assets under advice per year per family.

Record keepingRA

Records are kept for five years, including interactions with clients and prospects from the first contact. Where a dispute is raised, they are kept until it is resolved.

Trading restrictionsRA

No dealing in a recommended security for 30 days before and 5 days after publication, and no trading against your own recommendation.

Half-yearly report to BSERA and IA

A report to the BSE administration body within 30 days of each half-year: by 30 April for October to March and by 30 October for April to September. It goes in their format and covers details such as your bank accounts, social handles, clients and complaints.

Monthly complaint figuresRA and IA

By the 7th of each month your website shows last month's complaints received, resolved and pending, with the trend. Investment advisers show it on the homepage without scrolling. Each complaint is resolved within 21 calendar days.

Name and number on social mediaRA and IA

Since 1 May 2026, your SEBI-registered name and registration number appear on the home page of every social media handle and at the start of every post or video about the securities market, closed WhatsApp and Telegram groups included.

NISM renewal certificatesRA and IA

RAs need NISM Series XV-B before the validity period ends. IAs need NISM Series X-C for renewal.

Already registered, or about to be?

Tell us which registration you hold and your financial year end. We will map your dates for the year and tell you what we would take over.

A compliant website for advisers
BuildWright Consultants provides documentation, application-drafting, and compliance facilitation for SEBI Investment Adviser and Research Analyst registration. This is not legal advice and does not replace a qualified professional. We are not SEBI and do not guarantee registration outcomes. Eligibility, deposit, fee, and timeline requirements are as prescribed by SEBI from time to time. Every figure we publish names the SEBI document it came from and the date it was read, and we re-confirm it against the current circular during scoping.