Services / Structures / Investment Adviser
Investment Adviser
FSC-regulated investment advisory licensing under the Securities Act 2005.
A Mauritius Investment Adviser Licence authorises the holder to advise on securities transactions, manage portfolios under mandate, and provide corporate finance advisory. The Securities Act 2005 provides for three licence categories — Unrestricted, Restricted, and Corporate Finance Advisory — each with tailored capital and compliance requirements.
What's included
- 01
Investment Adviser Licence application
- 02
GBL incorporation
- 03
Compliance officer appointment
- 04
MLRO and Deputy MLRO appointment
- 05
AML / CFT framework and procedures
- 06
Business plan and financial projections for FSC
- 07
Client money segregation procedures
- 08
Conflict-of-interest framework
- 09
FSC reporting and ongoing compliance
- 10
Banking coordination
- 11
Portfolio management setup
- 12
Advisory service structuring
Designed For
Wealth managers
Portfolio management and advisory services under a regulated umbrella.
Corporate finance firms
Advisory on mergers, acquisitions, and capital raises.
Investment consultants
Securities advisory for institutional and retail clients.
Family offices
Discretionary portfolio management for HNWI families.
How we work
- 01
Scoping
Licence category: Unrestricted, Restricted, or Corporate Finance Advisory, and capital requirements.
- 02
Entity
GBL incorporation with appropriate capital and governance for the licence type.
- 03
Team
Compliance officer, MLRO and Deputy MLRO appointment with fit-and-proper and appropriately qualified experience.
- 04
Application
FSC submission with policies, fit-and-proper declarations, and compliance framework.
- 05
Launch
Licence grant, banking live, ongoing compliance cycle begins.
Vehicles we use
Markets we serve
Related services
Common questions
Comparison
Investment Dealer vs Investment Adviser
Scope of activities
Investment Dealer
Trade as principal, underwrite and distribute securities, execute transactions, manage portfolios
Investment Adviser
Advise on securities, manage portfolios under mandate, provide corporate finance advisory
Licence sub-categories
Investment Dealer
Full Service Dealer (incl. / excl. underwriting), Broker, Discount Broker
Investment Adviser
Unrestricted, Restricted, Corporate Finance Advisory
Maximum capital requirement
Investment Dealer
MUR 10,000,000 (~USD 250,000)
Investment Adviser
MUR 1,000,000 (~USD 22,000)
Minimum capital requirement
Investment Dealer
MUR 600,000 (~USD 15,000)
Investment Adviser
MUR 500,000 (~USD 11,000)
Key personnel
Investment Dealer
Investment Dealer Team (min. 2 members), Compliance Officer, MLRO, Deputy MLRO
Investment Adviser
Compliance Officer, MLRO, Deputy MLRO
Trading as principal
Investment Dealer
Permitted
Investment Adviser
Not permitted
Underwriting
Investment Dealer
Permitted
Investment Adviser
Not permitted
Licence categories
Unrestricted
Permitted Activities
Portfolio management, investment advisory, discretionary mandates
Capital Requirement
MUR 1,000,000 (~USD 22,000)
Restricted
Permitted Activities
Investment advisory only (no portfolio management)
Capital Requirement
MUR 500,000 (~USD 11,000)
Corporate Finance Advisory
Permitted Activities
M&A advisory, capital raises, listing advisory
Capital Requirement
MUR 500,000 (~USD 11,000)
Get started
Discuss your licensing project
From initial assessment to FSC approval, we manage the full Investment Adviser licensing process — documentation, compliance framework and ongoing obligations.