Association of Registered Investment Advisers (ARIA)

What Association of Registered Investment Advisers (ARIA) does

ARIA (Association of Registered Investment Advisers) is a non-profit professional membership association incorporated under Section 8 of the Indian Companies Act 2013 as a company limited by guarantee, headquartered at Bandra Kurla Complex in Mumbai. It was formed in 2017 out of an RIA Task Force created during the inaugural RIA summit and formally incorporated in January 2019, positioning itself as India's only association exclusively representing SEBI-registered Investment Advisers (RIAs) operating under the SEBI (Investment Advisers) Regulations 2013. The association serves individual RIAs, corporate RIAs, persons associated with investment advisers (Associate members), and pre-registration finance professionals (Affiliate members), with registered member directory, compliance guidance, and investor-facing education as ancillary outputs.

ARIA's product surface is a suite of member services rather than a unified software product, delivered through aria.org.in and a mobile application (ARIA India on iOS and Google Play). Core offerings include tiered membership (Individual RIA at Rs. 4,000/year, Corporate at Rs. 12,000/year, with 10-year lifetime options; Affiliate and Associate at Rs. 4,000/year), a members-only compliance resources library (RIA Compliances Handbook, LOE and MITC templates, audit preparation materials), learning and research outputs (behavioral investor profiling studies, succession planning whitepapers, the WARIA women-advisor initiative, #ARIATrulyCares pro bono program), a searchable RIA directory, and a job board. Recurring flagship summits (ASPIRE annual conferences, e-INSPIRE virtual summits, plus historical REINVENT and RESURGE events) anchor member engagement alongside local chapter meetings in Delhi (NCR), Mumbai, Pune, Chennai, and Bengaluru.

Revenue is generated through membership dues and event/program sponsorships. The sponsorship stack is structured in named Platinum and Gold tiers, with Platinum partners including HDFC Fund, ICICI Prudential MF, Kotak Mahindra AMC, SBI MF, UTI AMC, S&P Dow Jones Indices, and the Financial Times; Gold partners include Axis MF, Quantum Advisors, Grip, and DSP Asset Managers. Additional operational integrations include MF Utilities India (50% discount on the 'Fee Collect' module for ARIA members) and FPSB India (event partnership). The organization is member-funded with no disclosed external investors or parent company, governed by an elected Board of Directors that rotates Chairperson and Vice-Chairperson annually (Amit Kukreja as 2026-27 Chairperson).

Name

Association of Registered Investment Advisers (ARIA)

Legal name

Association of Registered Investment Advisers

Website

https://aria.org.in/

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

ARIA is a Section 8 non-profit membership association for India's SEBI-registered Investment Advisers, providing tiered memberships, compliance resources, summits, advocacy, and chapters across major Indian cities.

Ownership category

akta.pro rank

Product category

Professional Association Services

NAICS

Business Associations (813910), Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Services-Membership Organizations (8600), Investment Advice (6282)

akta.pro industry

PRIMARYFSAEAAAB

Investment Management Advisory (RIA)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Investment Advisory & Financial Planning

SECONDARYFSAEABAA

Registered Investment Advisor (RIA) Wealth Management

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Wealth & Retirement Advisory

SECONDARYFSAAACAC

Portfolio Management–Led RIAs (Discretionary/Model-Based)

Financial & Insurance/Asset & Wealth Management/Registered Investment Advisors (RIAs) & Independent Wealth Managers

Keywords

• Investment adviser association
• RIA membership services
• Fiduciary advisory network
• SEBI compliance support
• Professional adviser community

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: ARIA generates revenue through annual and lifetime membership fees from Individual RIAs, Corporate RIAs, Associate members, and Affiliate members. Individual membership fees are Rs. 4,000 per annum plus GST, with lifetime 10-year options at Rs. 36,000 plus GST. Non-individual membership is Rs. 12,000 per annum or Rs. 1,08,000 for lifetime. Associate membership is Rs. 4,000 per annum. Events and workshops may also generate registration fee revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

ARIA is India's only professional membership association for SEBI-registered Investment Advisers (RIAs). It provides tiered membership programs (Individual, Corporate, Associate, Affiliate), compliance and learning resources, an industry summits/conference series (ASPIRE, e-INSPIRE, REINVENT, RESURGE), advocacy with SEBI, and a pan-India community network across Delhi, Mumbai, Pune, Chennai, and Bengaluru.

Product overview

ARIA is a professional membership association for SEBI-registered Investment Advisers, not a unified software product. The organization offers a suite of member services including membership programs, compliance resources, learning materials, research publications, events (ASPIRE summits and e-INSPIRE virtual conferences), a members directory, and job board. These services are accessed through the aria.org.in website and serve to support professional development, regulatory compliance, and community building among RIAs in India.

Differentiator

Problem solved

Functional benefit

Products and services

• ARIA Membership Program
• ARIA Summits (ASPIRE / e-INSPIRE / REINVENT / RESURGE)
• RIA Compliance Resource Repository
• ARIA Members Directory
• ARIA Job Board
• ARIA Research Papers & Whitepapers
• ARIA Learning Resources

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered platinum, gold and research partner.

• HDFC FundplatinumGTM or Marketing PartnerHDFC Fund is a Platinum Partner of ARIA. Partners provide marketing support, participate in ARIA events and summits, and engage with the RIA community for product awareness and distribution through fee-only advisors.
• ICICI Prudential Mutual FundplatinumGTM or Marketing PartnerICICI Prudential Mutual Fund is a Platinum Partner of ARIA. The partnership enables mutual fund product engagement with RIA members for fee-only advisory practices.
• Kotak Mahindra Asset ManagementplatinumGTM or Marketing PartnerKotak Mahindra Asset Management is a Platinum Partner of ARIA. Partners engage with ARIA's RIA community for product distribution and educational initiatives.
• SBI Mutual FundplatinumGTM or Marketing PartnerSBI Mutual Fund is a Platinum Partner of ARIA, providing marketing and event support for the RIA community engagement initiatives.
• UTI Asset ManagementplatinumGTM or Marketing PartnerUTI Asset Management is a Platinum Partner of ARIA, supporting the association's initiatives to develop the RIA ecosystem.
• S&P Dow Jones IndicesplatinumGTM or Marketing PartnerS&P Dow Jones Indices is a Platinum Partner and Research Partner of ARIA. They participate in ARIA summits and provide index-related educational content for advisors.
• Financial TimesplatinumGTM or Marketing PartnerFinancial Times is a Platinum Partner of ARIA, providing content and thought leadership for the investment advisory community.
• Axis Mutual FundgoldGTM or Marketing PartnerAxis Mutual Fund is a Gold Partner of ARIA, engaging with the RIA community for product education and distribution partnerships.
• Mirae AssetGTM or Marketing PartnerMirae Asset is listed as a product partner in the stakeholder contacts section, providing mutual fund products accessible to ARIA members.
• MF Utilities India (MFU)Technology or IntegrationMFU provides a 50% discount on the 'Fee Collect' module exclusively for ARIA members. This enables RIAs to collect advisory fees through MFU's platform.
• FPSB IndiaStrategic or Co-development PartnerFPSB India is an Event Partner for ARIA events. They work together on professional standards and CFP certification matters for financial planners.
• Morningstarresearch partnerGTM or Marketing PartnerMorningstar is a Research Partner for ARIA summits. They provide behavioral insights research and speaker contributions for advisor education.
• Quantum AdvisorsgoldGTM or Marketing PartnerQuantum Advisors is a Gold Partner of ARIA, contributing to the development of fee-only advisory practices.
• GripgoldTechnology or IntegrationGrip is a Gold Partner and provides digital investment platform technology for ARIA members.
• DSP Asset ManagersGTM or Marketing PartnerDSP Asset Managers sponsors ARIA events and engages with the RIA community.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Financial Planners' Guild, India (FPGI): Indian association for fee-only financial planners founded in 2010 by ARIA board member Suresh Sadagopan. Targets a substantially overlapping professional segment with ARIA, making it the closest direct peer within India.
• FPSB India (Financial Planning Standards Board India): Indian affiliate of FPSB Ltd promoting CFP certification and financial planning professional standards. ARIA's documented event partner, but operates as a parallel professional body serving overlapping audiences.
• National Association of Personal Financial Advisors (NAPFA): US-based association exclusively for fee-only fiduciary financial advisors, the most structurally comparable international peer to ARIA in mission, membership model, and fiduciary positioning.
• Financial Planning Association (FPA): Large US-based professional association for CFP professionals serving similar functions to ARIA — professional development, advocacy, and community — with broader membership base and longer operating history.

Broad incumbents

• Association of Mutual Funds in India (AMFI): Statutory industry association representing mutual fund AMCs and distributors in India. Operates in adjacent financial-services territory to ARIA but represents the distribution side rather than the RIA side ARIA represents.
• CFA Society India: Indian member society of CFA Institute representing investment professionals including many ARIA members. Operates in overlapping territory with broader portfolio-management and investment-advisory coverage than ARIA's fee-only RIA focus.

Emerging players

• Personal Finance Society (UK): UK-based professional body for financial planners and advisers with chartered status. Comparable to ARIA in its professional-standards and advocacy remit, though serving a more mature UK market with longer-established fee-only tradition.
• FP Canada (Financial Planners Canada / FPSC): Canadian standards body and member association for financial planners and CFP professionals in Canada. Functionally analogous to ARIA's combination of certification support, professional advocacy, and community for fee-based advisors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aria-india

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Association of Registered Investment Advisers (ARIA)