Service overview
Securities advisory services consist of regulated advice on securities and may require a dedicated SECP adviser licence.
A company certificate does not itself authorise a regulated business. Depending on the activity, SECP may require prior formation permission, incorporation, a separate operational licence, and continuing financial and fit-and-proper compliance.
Who is eligible for Securities Advisory Licence?
Applicants should establish advisory coverage, staff qualifications, fitness, independence and conflict controls under the relevant rules.
Securities advisers require suitably qualified responsible persons, conflicts controls and a defined regulated advisory business. Do not confuse a brokerage licence, social media commentary or unlicensed securities research with this authorisation.
Documents and information for Securities Advisory Licence
Prepare the following information for securities advisory licence. The relevant regulator may require further forms or certified evidence, depending on the applicant and chosen procedure.
- Advisory service plan
- Professional certifications
- Shareholders and key persons
- Financial resources
- Client and conflicts policies.
How can I obtain Securities Advisory Licence in Pakistan?
- 01Confirm advice on securities falls within the licensed activity
Map investment recommendations, client types, investment professionals and potential licensing exemptions.
- 02Prepare the securities adviser licence dossier
Under regulation 5 of the Securities and Futures Advisors Regulations, 2017 submit the qualifying entity/person, fit-and-proper, policies and relevant management evidence.
- 03Seek SECP authorisation and address queries
The regulator evaluates suitability, regulatory safeguards and the interest of the market before licensing.
- 04Renew and document client protections
SECP describes a one-year securities adviser licence, renewable under regulation 8 with recordkeeping and suitability compliance.
Regulator resource: SECP Securities and Futures Advisers licence route
After registration or approval
Maintain client suitability records, disclosures, licence renewal and compliance oversight.
Governing law & official references
Securities Act, 2015 and/or Futures Market Act, 2016; Securities and Futures Advisors (Licensing and Operations) Regulations, 2017.
The links below lead to government or official regulatory sources relevant to this service. Use the currently consolidated Act, regulations, statutory checklist and official portal when making an application.
How Chambers can assist
Chambers can review the legal route, identify regulatory constraints, prepare or review the supporting corporate and legal documents, manage the prescribed submission and correspond with the competent authority where instructed. The scope of the engagement will be determined by the applicant’s particular circumstances.
For an initial enquiry, identify the proposed activity, applicant entity and current stage, and provide the available documents indicated above. Please avoid sending confidential or identity-sensitive records through an unencrypted first contact.
Common questions about Securities Advisory Licence
Who is eligible for Securities Advisory Licence in Pakistan?
Applicants should establish advisory coverage, staff qualifications, fitness, independence and conflict controls under the relevant rules.
What documents are needed for Securities Advisory Licence?
Advisory service plan; Professional certifications; Shareholders and key persons; Financial resources. Additional requirements can apply to the actual business or regulator.
How can I obtain Securities Advisory Licence in Pakistan?
Confirm advice on securities falls within the licensed activity: Map investment recommendations, client types, investment professionals and potential licensing exemptions. Prepare the securities adviser licence dossier: Under regulation 5 of the Securities and Futures Advisors Regulations, 2017 submit the qualifying entity/person, fit-and-proper, policies and relevant management evidence. Seek SECP authorisation and address queries: The regulator evaluates suitability, regulatory safeguards and the interest of the market before licensing. Renew and document client protections: SECP describes a one-year securities adviser licence, renewable under regulation 8 with recordkeeping and suitability compliance.
This guide is general information, not advice on your facts. Check the applicable law, notifications, updated regulator checklists and jurisdiction before acting. The authority alone determines eligibility, acceptance and approval; no outcome or processing period is guaranteed.