Why do we need more awareness about SEBI-registered investment advisers?

Despite Sebi's introduction of Registered Investment Adviser (RIA) regulations in 2013, there is still a lack of awareness about the benefits of RIAs, limiting the growth of the profession. RIAs offer unbiased investment advice and are not influenced by commission-based incentives. Sebi introduced the regulations to address the problem of inappropriate recommendations from wealth management professionals. However, more awareness needs to be created to boost demand for fee-based advisers and attract more quality people to the profession.

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