Sharan Hegde’s 1% Club Secures SEBI Investment Advisor Licence Amid Finfluencer Issue

Sharan Hegde's 1% Club became the first finfluencer-led company to obtain SEBI’s Registered Investment Advisor (RIA) licence, allowing it to provide regulated financial advice.

This milestone comes despite SEBI's recent circular on January 29, which restricts stock-market educators from referencing stock prices less than three months old and effectively prohibits discussions on current market prices.

Managing ₹1,000 crore in assets, the company aims to bridge the gap in financial planning services in India, where demand far exceeds supply.

Additionally, the firm is launching educational programmes on tax planning, crypto, and stock market trading, including India’s first physical stock market institute, the Bombay Trading School.