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Ask Us Investment Advisor Certification Examination

Investment Advisor Certification Examination

Investment Advisor Certification Examination is meant for advisors who are registered with SEBI.
Team Cafemutual Dec 25, 2013

Investment Advisor Certification Examination is meant for advisors who are registered with SEBI.

Dear Sir

It was observed from NISM website that CPFA examination was discontinued and started Investment Advisor Level exam-2. I have completed CPFA examination last year and it is valid up to October 2015. CPFA examination is equal to Investment Advisor Level exam-1 and CPFAs can appear Investment Advisor Level exam-2. In this connection, I need clarification to the following points:

1.What are the benefits of passing Investment Advisor Level exam-2?

2. I want to do Investment Advisor Level exam-2. Is there any scope for this course? Please advise about this.

3. I want to spread the Investment advisory /financial literacy to rural poor and others by conducting training programmes after passing Investment Advisor Level exam-2 without registering as Investment Advisor with SEBI. Whether it is possible?

4. Whether Investment Manager registered with SEBI is allowed to advices on Financial Planning? Whether Investment Manager can construct Financial Plan?

Prakash Shet

Bengaluru


Dear Prakash,

Thanks for reaching out to us.

Below are the responses regarding the queries raised by you :

1 Investment Advisor Certification Examination is meant for advisors who are registered with SEBI. Hence, it is not a mandatory course for IFAs. The course will help you learn finer aspects of financial planning like asset allocation, portfolio construction, portfolio rebalancing, etc.

2 You can pursue this course as it will help you understand the concepts of financial planning in detail. Alternatively, you can also pursue CFP instead of Investment Advisor Certification.

3 You can continue to conduct training program regardless of you being registered with SEBI.

4 Yes. Investment advisors registered with SEBI are allowed to construct financial plans and charge a fee from clients. 

 

Do let us know if you require any further information.

Team Cafemutual

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