Sharan Hegde’s platform, The 1% Club, has made a remarkable achievement by becoming one of the first finfluencer-led companies to obtain the SEBI Registered Investment Advisor (RIA) license. This milestone is a significant advancement for the Indian financial advisory sector, where certified and regulated financial advisors have been in short supply. With this new license, The 1% Club is now authorized to provide personalized financial advice and services, establishing itself as one of the most reputable names in the expanding realm of financial influencers, or ‘finfluencers.’
What Does the SEBI RIA License Mean for The 1% Club?
The acquisition of SEBI’s RIA license is a pivotal moment for Sharan Hegde’s platform. It positions The 1% Club as one of the few finfluencer-led firms that are authorized to offer regulated financial services. This license enables the company to provide personalized financial advice, enhancing the credibility of their services and fostering trust among clients seeking dependable financial planning. With this new authority, The 1% Club can now deliver expert guidance on investments, savings, and wealth management, all backed by SEBI’s legal framework. This development underscores the increasing role of financial influencers in the advisory sector, setting a benchmark for others in the industry.
