How can the NISM Series-X-A: Investment Adviser (Level 1) boost your career as a financial advisor?

Posted on 16 Jul 2021

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The NISM Series-X-A exam aims to provide a standard minimal knowledge baseline for all people registered as investment advisers, representatives, and partners of investment advisers, and offering investment advising services under the 2013 regulations of SEBI (Investment Advisers).

The level 1 examination is NISM-Series-X-A: Investment Adviser Certification Examination.

To meet the criteria of Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013, an associated person must pass both levels, that is Certification Examination of NISM-Series-X-A: Investment Adviser (Level 1) and Investment Adviser (Level 2) that is NISM-Series-X-B.

The accreditation seeks to improve the quality of financial services, investment consulting, and related services.

Objectives of the Exam:

After passing the exam, the candidate should be able to: 

• Understand the investment advisory fundamentals, the phases in the advisory procedure, and the creation and implementation of a financial plan.

• Know how to assess different products, their suitability, and how recommending them can affect investment risks, returns, and strategies in a personal financial setting for current and future investors.

• Learn about wealth tax, income tax and the estate planning laws in personal finance, as well as the regulatory aspects of advice.

• Learn about financial planning as a method of investing, insurance, and retirement planning and how it can help advisers build long-term relationships with their customers.

What is the need for an Investment Advisor?

The NISM-Series-X-A offers a great career prospect for all those eager to get a job at the investment advisory level.   

The course and the NISM Investment Adviser Study Material provide the learners with several benefits that will help them advance in their careers. Some of them are discussed farther down:

• An associated candidate/person is eligible to provide investment advice to investors in the capital market after passing both levels of this examination. A permanent or a temporary employee of any firm working in the security area/space in India is referred to as an associated person.

• An associated person who completes NISM Investment Adviser level 1 is introduced to the wealth tax, income tax, and legalities of wealth management in the sphere of personal finance. They can also get an idea about the advisory's regulatory components.

• After passing the exam, the candidate gains knowledge of the principles of investment advisory, progresses through the advisory process, and can create and implement various financing plans.

• Become familiar with financial planning as a method of investing, insurance, and retirement planning, as well as a tool for advisers to build long-term relationships with their customers.

• This training/course assists counselors in determining how to comprehend various items and their appropriateness. They can also comprehend how and why their advice may influence investing dangers.

• They can also see how different products affect the strategies and returns of investors and other potential investors in the capital market within their zone of personal finance.

Career Possibilities:

After successfully completing NISM Investment Adviser levels 1 and 2, there are numerous job options. It distinguishes you in a job market where other candidates compete based on only basic operating knowledge and a lack of certification. 

It gives you an advantage because NISM is a well-known brand. You can apply for sales representative employment with banks, mutual funds, or any other company that offers derivatives and equities after finishing this course.


One of the critical aspects of preparation is taking as many NISM Investment Adviser Mock Tests as possible. This will make you confident before your big day!