"Do I need to change the name of my company? Can I do risk profiling, asset allocation and goal planning for my clients? Am I allowed to sell other financial products such as insurance, PMS and AIF?"
These are just some of the questions that have been troubling financial intermediaries following SEBI's September 23 circular. To get an answer to such questions, Cafemutual in association with UTI Mutual Fund will conduct a webinar on October 20 at 5 pm.
The webinar will feature Sandeep Parekh, who had worked with SEBI as an Executive Director heading the Legal Affairs and Enforcement departments. Now, Sandeep is the founder of Finsec Law Advisors which is a financial sector law firm based in Mumbai.
The discussion will also feature Debashish Mohanty, President and Head of Sales of UTI MF. Mohanty has been in the MF industry since 1986 and has a deep understanding of the regulatory guidelines. Prem Khatri, Founder and CEO, Cafemutual will moderate this session.
Among the key discussion points will be:
- Roles and responsibilities of MFDs and RIAs
- Definition of 'incidental advice' that MFDs can offer to their clients
- Can MFDs offer services like financial planning and goal planning?
- Clarity on nomenclature of MFDs and how will it impact your business
- Compliance requirements for both MFDs and RIAs
- Trail commission structure for MFDs who want to become RIAs and vice versa
Click here to register yourself for the webinar
