SEBI Regulatory Compliance Disclosure
1. About Neuron Wealth Advisors LLP
Neuron Wealth Advisors LLP (NWA) is a SEBI Registered Investment Adviser (RIA) with registration number INA000016481. We are located at 803, Mauryansh Elanza, Nr. Shyamal Cross Roads, Satellite, Ahmedabad 380015, Gujarat, India. We are a team of experts in the finance and investments and we provide holistic investment and wealth management advisory services.
Please click here to know Material Information about Neuron Wealth Advisors LLP
2. Disclaimer:
All the information is for the consumption by the clients of NWA only and such material should not be redistributed.
Investments in securities market, are subject to market risks. Investors are advised to read all scheme related documents and other relevant information carefully before making any investment.
Registration granted by SEBI (INA000016481), membership of BASL (1697) and certification from NISM in no way guarantee performance of Neuron Wealth Advisors LLP or provide any assurance of returns to investors.
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3. Investor Charter
The Investor Charter, inter alia, includes the vision and mission statement, rights and responsibilities of investors, investor grievance redressal mechanism and Do’s and Don’ts for investing in securities market. The Investor Charter also gives a broader perspective of various rights and responsibilities of investors.
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4. Code of Conduct
NWA follows the code of conduct in accordance with the third schedule of IA Regulations 15(9) of the IA Regulations which covers the Code of conduct for investment adviser.
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5. Risks
The value of the investments and the expected returns affected generally by various risk factors that affect financial and securities market, such as price and volume, volatility in interest rates, currency exchange rates, changes in regulatory and administrative policies of the Government or any other appropriate authority (including tax laws) or other political, economic, and other developments.
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6. Conflict of Interest
NWA shall try to avoid conflicts of interest as far as possible and when they cannot be avoided, it shall ensure that appropriate disclosures are made to the clients and that the clients are fairly treated.
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7. Annual Audit
|
Sr. No. |
Financial Year | Compliance Audit Status | Remarks, if any |
| 1. | FY 2020-21 | Not Applicable | IA license received and business operation started after the financial year |
| 2. | FY 2021-22 | Conducted | None |
| 3. | FY 2022-23 | Conducted | None |
8. Grievance Redressal
Client’s queries / complaints may arise due to lack of understanding or a deficiency of service experienced by clients. Deficiency of service may include lack of explanation, clarifications, understanding which escalates into shortfalls in the expected delivery standards, either due to inadequacy of facilities available or through the attitude of staff towards the client.
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9. Disciplinary History and Complaints Status
No penalties / directions have been issued by SEBI under the SEBI Act or Regulations made there under against NWA or its Partners, or employees relating to Investment Advisory services. There are no pending material litigations or legal proceedings, findings of inspections or investigations for which action has been taken or initiated by any regulatory authority against the NWA or its Partners, or employees. The status of complaint, if any, as required by SEBI is disclosed below:
Data for the month ending March 31, 2024
Sr.No. |
Received from |
Pending at the end of last month |
Received |
Resolved* |
Total Pending# |
Pending complaints > 3 months |
Average Resolution time^(in days) |
|---|---|---|---|---|---|---|---|
1. |
Directly from Investors | 0 | 0 | 0 | 0 | 0 | 0 |
| 2. | SEBI(SCORES) | 0 | 0 | 0 | 0 | 0 | 0 |
| 3. | Other Sources (if any) | 0 | 0 | 0 | 0 | 0 | 0 |
| Grand Total | 0 | 0 | 0 | 0 | 0 | 0 |
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.
Trend of monthly disposal of complaints:
Sr.No. |
Month |
Carriedforward from previous month |
Received |
Resolved* |
Pending# |
|---|---|---|---|---|---|
| 1. | April, 2023 | 0 | 0 | 0 | 0 |
| 2. | May, 2023 | 0 | 0 | 0 | 0 |
| 3. | June, 2023 | 0 | 0 | 0 | 0 |
| 4. | July, 2023 | 0 | 0 | 0 | 0 |
| 5. | August, 2023 | 0 | 0 | 0 | 0 |
| 6. | September,2023 | 0 | 0 | 0 | 0 |
| 7. | October, 2023 | 0 | 0 | 0 | 0 |
| 8. | November,2023 | 0 | 0 | 0 | 0 |
| 9. | December,2023 | 0 | 0 | 0 | 0 |
| 10. | January, 2024 | 0 | 0 | 0 | 0 |
| 11. | February,2024 | 0 | 0 | 0 | 0 |
| 12. | March, 2024 | 0 | 0 | 0 | 0 |
*Inclusive of complaints of previous months resolved in the current month.
#Inclusive of complaints pending as on the last day of the month.
Trend of Annual disposal of complaints:
Grand Total:
Sr. No. |
Year |
Carried forward from last year |
Received |
Resolved* |
Pending# |
|---|---|---|---|---|---|
| 1. | 2019-20 | 0 | 0 | 0 | 0 |
| 2. | 2020-21 | 0 | 0 | 0 | 0 |
| 3. | 2021-22 | 0 | 0 | 0 | 0 |
| 4. | 2022-23 | 0 | 0 | 0 | 0 |
| 5. | 2023-24 | 0 | 0 | 0 | 0 |
*Inclusive of complaints of previous years resolved in the current year.
#Inclusive of complaints pending as on the last day of the year.