A new Sebi rule is creating a snag for Robo Wealth Advisers

With the Securities and Exchange Board of India (Sebi) insisting on a physical agreement between financial advisors and investors, a move that will increase the costs of acquiring clients, these new-age firms providing algorithm-driven investment advice — known as robo advisory — are revisiting the viability of such platforms in their current form.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/a-new-sebi-role-is-creating-a-snag-for-robo-wealth-advisers/articleshow/82995398.cms