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Melvin Joseph on shortage of financial advisers for middle-class in India

Why Not Mint Money

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How Did You Get Your RIA License in 2013?

When I started my practice in 2010, there was no regulation at all in this sector. Anybody can call themselves as an advisor. But RIA regulation in 2013 was the first time to regulate adverse revisions in India. So when said we come out to that regulation in 2013, I immediately applied for a license and I got my license because I was already into fee-only adwisery model right from 2010. This was given more credibility because it will help the clients also to understand okay, this money is a severe registered investment advisor.

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