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Rahul Agarwal (Proprietor of Advent Financial) is a Registered Investment Adviser authorised and regulated by the Securities and Exchange Board of India.
Registration No: INA300003616 | Registration Type: Individual | Validity: Perpetual. Click here   to verify my registration details.
Important Links:  Statutory Disclosures |  Investor Charter - Annexure A & Annexure B | Grievance Redressal |⚠️Important Notice⚠️

STATUTORY DISCLOSURES

Standard Warning Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
 
Disclaimer Registration granted by SEBI, membership of BASL and certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
 
Rahul Agarwal (Proprietor of Advent Financial) is registered with the Securities and Exchange Board of India (SEBI) as an "Investment Adviser" and regulated vide the SEBI (Investment Advisers) Regulations, 2013 and amendments, circulars issued thereto. Please refer to the registration details mentioned below:

SEBI Registration Number: INA300003616
SEBI Local Office Address: SEBI Bhavan, Block-G, Bandra Kurla Complex, Bandra (E), Mumbai-400051
Registration Name: Rahul Agarwal (Proprietor of Advent Financial)
Registration Type: Individual
Registration Validity: Perpetual
BASL^ Membership Number: 1301
Registered Office Address: 1704 Water Lily, Nahar Amrit Shakti, Chandivali, Mumbai 400 072 See directions on Google Maps
Principal Officer Name & Contact Details: +Rahul Agarwal ; +91 8910336611 ; rahul@adventfa.com 
Trade Name & Logo: Advent Financial
 Advent Financial (Logo)
^BSE Administration and Supervision Limited (BASL) a wholly owned subsidiary of BSE has been granted approval from Securities and Exchange Board of India (SEBI) for administration and Supervision of Investment Advisers (IAs) under Regulation SEBI (Investment Advisers) Regulation 2013 (IA Regulations).
 
Disclosures 
 
Disclosure w.r.t. annual compliance audit requirement under regulation 19(3) of the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013
 
Sr. No. Financial Year
Compliance Audit Status Remarks, if any
1 FY 2020-21 Completed NIL
2 FY 2021-22 Completed NIL
3 FY 2022-23 Completed Inadvertent delay of <1 month in renewal of NISM X-A & X-B Certification
4 FY 2023-24 Completed NIL

 

Disclosure w.r.t. business activity

Advent provides financial planning, wealth management and investment advisory services on a "fee only" basis using direct/ non commission investment products, wherever available. In cases where no direct/ non commission option is available for an investment product advised to the client and the client would like Advent to assist with such transaction for their own convenience, the earnings, if any on such transactions will be disclosed to the client prior to carrying out the transaction.

Further, considering the extensive nature of personal finance and to provide clients with a comprehensive solution, Advent may provide related products and services by utilising the services of professionals/ intermediaries such as CAs, Lawyers, Insurance Agents, etc. Professional fees for such specialised services, may be subsumed within the advisory fees provided that the service is included in the scope of engagement. It is worth mentioning that this is for the sole benefit and convenience of the client. Clients are free, either to work with their own CAs, Lawyer or opt to pay the fees directly to the professionals engaged by Advent.

Erstwhile, Advent provided a model portfolio service comprising of listed units of real estate & infrastructure investment trusts and exchange traded funds on smallcase.com but this has been suspended. 

Rahul Agarwal, Proprietor of Advent Financial is also a licensed composite insurance agent and provides insurance services on a standalone basis.

Disclosure w.r.t. disciplinary history

There are no outstanding litigations and no material action has been taken against Advent Financial, the proprietorship firm or its proprietor, Mr. Rahul Agarwal by any regulator. 

Disclosure w.r.t. association with execution platforms and other intermediaries

  • Advent is associated with execution platforms such as NSE NMF, BSE StarMF, MF Utilities  for online execution of transactions in direct plans of mutual funds.

  • Advent has a business partnership agreement with Smallcase Technologies Pvt Ltd. for providing model portfolios on their investment platform.

  • Advent has an agreement with Unifi Capital for offering their Portfolio Management Services under the Direct/ Non Commission option.

Disclosure w.r.t. affiliate ownerships and potential conflicts of interest

Rahul Agarwal, Proprietor of Advent Financial is the founding director of Provase Financial Services, a private limited company incorporated in 2002 and engaged in the business of distribution of mutual funds and other investment products. The day to day business activities and administrative matters of the company are handled by designated staff.

On an ongoing basis, Advent will disclose all conflicts of interests as and when they arise.

Disclosure w.r.t. own investment holdings

Advent is not engaged in active trading but may have holdings or positions in the name of Rahul Agarwal, Proprietor in the investment products and/ or securities which may be the subject matter of advice depending on his specific requirements and he may invest in various asset classes and/or investment products. This would be based on investment objectives which could be based on, amongst other items liquidity management, asset allocation, time horizon, and risk-return objectives.

Neither Advent nor Rahul Agarwal, Proprietor shall not enter into transactions in their own account which is contrary to its advice given to clients for a period of fifteen days from the date of such advice. However, if during the period of such fifteen days, if Advent is of the opinion that the situation has changed, then it may enter into such a transaction in its own accounts after giving such revised assessment to the client at least 24 hours in advance of entering into such transaction.

Disclosure w.r.t. confidentiality of client information

Advent shall maintain complete confidentiality of the data, information and documents provided to it by the client. The same shall not be disclosed in any form, whether in whole or in part under any circumstances without first obtaining a prior consent from the client except where such disclosure is required to be made in compliance with any applicable law or a regulatory directive.


Note Please note that the advisory services provided by Advent are "non-binding" in nature and clients are free to make their own investment decisions. Further, there is no obligation upon clients to compulsorily use any of the execution/ implementation services provided by Advent or its associated professionals and intermediaries. Clients are completely free to avail such services from any other service provider of their choice.