In order to maintain transparency, SEBI registers investment advisors with an agreement on investment advisory services. SEBI does not specify the format of the agreement, but the terms, policies, and conditions will be determined. Before you conclude with an investment advisor, check the SEBI registration details and confirm the investment advisor on his website. The SEBI Investment Advisor Regulations, 2013 regulates investment advisors in India. The Securities and Exchange Board of India (Sebi) has amended the Rules for Registered Investment Advisers (RIA) from time to time to enhance investor confidence and transparency in investment advice. The regulator prescribes registration conditions, qualifications, eligibility criteria, fees charged to customers, agreements with customers and the provision of services. In order to protect the interests of investors, the capital markets regulator (SEBI) has introduced the SEBI-RIA rules. Under these rules, anyone can work as an investment adviser. If you become a Registered Investment Advisor (RIA), you will receive no compensation