[Forming part of the Investment Advisory Agreement]
1. The Investment Adviser (IA) shall only accept payments towards its fees for Investment Advisory Services and is not permitted to accept funds or securities in its account on the client’s behalf.
2. The IA does not guarantee returns, accuracy, or risk-free investments. All advice is subject to market risks, and there is no assurance of any returns or profits.
3. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. No scheme of this nature shall be offered to the client by the IA.
4. Investment advice, only related to securities shall fall under the purview of SEBI. In case of any services offered by IA related to products/services not under the purview of SEBI, IA shall make disclosure to the client and take appropriate declaration and undertaking from the client that such products/services and the services of IA in respect of such products/services do not come under regulatory purview of SEBI and that no recourse is available to the client with SEBI for grievances related to such products/services or services of IA in respect of such products/services.
5. This agreement is for the investment advisory services provided by the IA and IA cannot execute/carry out any trade (purchase/sell transaction) on behalf of the client without his/her/its specific and positive consent on every trade. Thus, the client is advised not to permit IA to execute any trade on his/her/its behalf without explicit consent.
6. The fee charged by IA to the client will be subject to the maximum of amount prescribed by SEBI/Investment Adviser Administration and Supervisory Body (IAASB) from time to time (applicable only for Individual and HUF Clients).
7. IA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently it is maximum two quarters. In case of premature termination of the IA services by the client or the IA, the client shall be entitled to seek refund of proportionate fees only for unexpired period. However, IA is entitled to retain a maximum breakage fee of not greater than one-quarter fee.
10. The IA is required to carry out the client’s risk profiling and suitability analysis before providing services and thereafter on an ongoing basis. The services provided will be in line with the assessed risk profile. IA shall also communicate the assessed risk profile to the client.
11. As part of conflict of interest management, the client or the client’s family members will not be provided any distribution services by IA or any of its group entity/ family members. IA shall, wherever available, advice direct plans (non-commission based) of products only.
The IA shall endeavour to promptly inform the client of any conflict of interest that may affect the services being rendered to the client.
Step 1: The client should first contact the IA using the details on its website or following contact details:
| Details of Designation | Contact Person Name | Address where the physical address location |
Contact No. | Email-ID | Working hours when complainant can call |
|---|---|---|---|---|---|
| Customer Care | Sumit Girase | B-22 Nirvanta OPP. Gulmohar Garden, Sevasi, Vadodara, Gujarat, 391101 |
9890950911 | ria.priteshkumar@gmail.com | 10.00 AM To 05.00 PM Mon To Fri (Except Holidays) |
| Head of Customer Care | Sumit Girase | B-22 Nirvanta OPP. Gulmohar Garden, Sevasi, Vadodara, Gujarat, 391101 |
9890950911 | ria.priteshkumar@gmail.com | 10.00 AM To 05.00 PM Mon To Fri (Except Holidays) |
| Compliance Officer | Priteshkumar Champaklal Shah | B-22 Nirvanta OPP. Gulmohar Garden, Sevasi, Vadodara, Gujarat, 391101 |
9978917315 | pritesh.cfa@gmail.com | 10.00 AM To 05.00 PM Mon To Fri (Except Holidays) |
| CEO | Priteshkumar Champaklal Shah | B-22 Nirvanta OPP. Gulmohar Garden, Sevasi, Vadodara, Gujarat, 391101 |
9978917315 | pritesh.cfa@gmail.com | 10.00 AM To 05.00 PM Mon To Fri (Except Holidays) |
| Principal Officer | Priteshkumar Champaklal Shah | B-22 Nirvanta OPP. Gulmohar Garden, Sevasi, Vadodara, Gujarat, 391101 |
9978917315 | pritesh.cfa@gmail.com | 10.00 AM To 05.00 PM Mon To Fri (Except Holidays) |
Step 2: If the resolution provided by IA is unsatisfactory, the client can lodge grievances through SEBI’s SCORES platform at www.scores.sebi.gov.in
Step 3: If the client remains dissatisfied with the outcome of the SCORES complaint, the client may consider the Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in
13. The SEBI registration, enlistment with IAASB, and NISM certification do not guarantee the performance of IA or assure returns to the client.
Pritesh Shah is registered with the Securities and Exchange Board of India (SEBI) as an Individual Investment Advisor under SEBI (Investment Advisers) Regulations, 2013. Registration granted by SEBI does not imply endorsement. Investments are subject to market risks.
