Terms and Conditions
Terms and conditions of Research and Recommendation Services:
Terms and conditions of Research and Recommendation Services are detailed in the terms and condition document. Please refer to the same for details.
Disciplinary history:
No penalties / directions have been issued by SEBI under the SEBI Act or Regulations made there under against the Research Analyst relating to Research Analyst 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 Research Analyst or its employees.
Details of associates:
No associates
Disclosures with respect to Research and Recommendations Services
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- Research Analyst may have financial interest or actual / beneficial ownership in the securities recommended in its personal portfolio. Details of the same may be referred through the disclosures made at the time of advice.
There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/ securities, including any material information or facts that might compromise its objectivity or independence in the carrying on of Research Analyst services. Such conflict of interest shall be disclosed to the client as and when they arise. - Research Analyst or its employee or its associates have not received any compensation from the subject company in past 12 months.
- Research Analyst or its employee or its associates have not managed or co-managed the public offering of Subject Company in past 12 months.
- Research Analyst or its employee or its associates have received any compensation for investment banking or merchant banking of brokerage services from the subject company in past 12 months.
- Research Analyst or its employee or its associates have not received any compensation for products or services other than above from the subject company in past 12 months.
- Research Analyst or its employee or its associates have not received any compensation or other benefits from the Subject Company or 3rd party in connection with the research report/ recommendation.
- The subject company was not a client of Research Analyst or its employee or its associates during twelve months preceding the date of distribution of the research report and recommendation services provided.
- Research Analysts or its employee or its associates has not served as an officer, director or employee of the subject company.
Most Important Terms and Conditions (MITC):
- The terms and conditions and the consent thereon are for the research services provided by the RA and RA cannot execute or carry out any trade (purchase/sell transaction) on behalf of the client. Thus, you are advised not to permit the Research Analyst to execute any trade on their behalf.
To review the details of Most Important Terms and Conditions (MITC), please refer to the MITC section of our website: https://wealthybrains.in/terms-and-conditions/
We will revise MITC based on changes standardised by Industry Standards Forum (ISF) in consultation with SEBI and RAASB. This is will be updated on our website. - The fee charged by Wealthy Brains to you will be subject to the maximum of amount prescribed by SEBI/ Research Analyst Administration and Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).
Note:
2.1. The current fee limit is Rs 1,51,000/- per annum per family of client for all research services of the Wealthy Brains.
2.2. The fee limit does not include statutory charges.
2.3. The fee limits do not apply to a non-individual client / accredited investor. - Wealthy Brains may charge fees in advance if agreed by the you. Such advance shall not exceed the period stipulated by SEBI; presently it is one year. In case of pre-mature termination of the Wealthy Brains services by either the client or by our side, the client shall be entitled to seek refund of proportionate fees only for unexpired period.
- Fees to Wealthy Brains may be paid by the client through any of the specified modes like cheque, online bank transfer, UPI, etc. Cash payment is not allowed. Optionally the client can make payments through Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (i.e. currently recognized RAASB).
- Traders/Investors in the services are not being offered any guaranteed/assured returns. Past performance of the services does not indicate/guarantee of the future performance or return for any of the services.
- We never provide service like profit sharing, guaranteed profit, sure shot, Jackpot etc. Trading & investments are subject to market risks.
- Traders/Investors in the services are not being offered any guaranteed/assured returns. Past performance of the services does not indicate/guarantee of the future performance or return for any of the services.
- The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the client.
- For any grievances,
Step 1: The client should first contact the Wealthy Brains by using below mentioned details: Contact details: +91-9111038555 or can write us an E-mail at [email protected]
For more details regarding grievance-related matters, please refer to the grievance redressal section of our website: https://wealthybrains.in
Step 2: If the resolution is unsatisfactory, the client can also lodge grievances throughSEBI’s SCORES platform at www.scores.sebi.gov.in
Step 3: The client may also consider the Online Dispute Resolution (ODR) through theSmart ODR portal at https://smartodr.in - Clients are required to keep contact details, including email id and mobile number updated with the us at all times.
- Wealthy Brains shall never ask for the client’s login credentials and OTPs for the client’s Trading Account Demat Account and Bank Account. Never share such information with anyone including us.
- Client Information and KYC: Clients must provide complete and accurate details as required by the Research Analyst (RA). Wealthy Brains will collect, store, upload, and verify KYC records with the SEBI-specified KYC Registration Agency (KRA).
- KYC Compliance for Service Activation: Clients must complete KYC as per SEBI guidelines and provide Aadhaar-based eSign consent for the agreement. Failure to do so may result in service activation delays, for which Wealthy Brains will not be held responsible.
OVERVIEW
This website is operated by Wealthy Brains. Throughout the website, the terms “We”, “Us”, “Our”, and “Research Analyst” refer to Wealthy Brains. By accessing our website, subscribing to our services, purchasing any research package, or using any information, tools, products, or services available through this website, you agree to be bound by these Terms & Conditions, including all applicable policies, disclosures, and SEBI regulations. If you do not agree with any part of these Terms & Conditions, you must discontinue use of the website and services immediately. Wealthy Brains is a SEBI Registered Research Analyst bearing Registration No. INH000009764 and BSE Enlistment No. 5577.
SECTION 1 – RESEARCH ANALYST SERVICES:
Wealthy Brains is engaged in providing research analysis services in accordance with the SEBI (Research Analyst) Regulations, 2014. Our services may include equity research, derivative research, commodity research, technical analysis, trading strategies, market updates, educational content, and research reports. The services provided are purely research and advisory in nature. Wealthy Brains does not provide portfolio management services, trade execution services, assured return schemes, or profit-sharing arrangements. All recommendations provided are based on market analysis and are meant solely for informational and educational purposes.
SECTION 2 – CLIENT DECLARATION:
By subscribing to our services, you acknowledge and confirm that you are subscribing voluntarily and at your own discretion. You understand that investments and trading in securities markets are subject to market risks and that recommendations provided by Wealthy Brains do not guarantee profits or returns. You further acknowledge that any investment or trading decision taken by you shall be solely at your own risk and responsibility, and Wealthy Brains shall not be held liable for any financial loss incurred. Past performance of any recommendation or strategy does not guarantee future performance or returns.
SECTION 3 – ELIGIBILITY:
By using this website or availing our services, you represent and warrant that you are at least 18 years of age, legally capable of entering into binding agreements, and competent to make financial decisions. You further confirm that all information provided by you is true, complete, and accurate. Wealthy Brains reserves the right to refuse, suspend, or terminate services to any user at its sole discretion without assigning any reason.
SECTION 4 – KYC & CLIENT VERIFICATION:
Clients may be required to complete Know Your Customer (KYC) formalities in accordance with SEBI regulations before activation of services. Wealthy Brains reserves the right to collect, verify, store, upload, or validate KYC records through authorized KYC Registration Agencies (KRA) or other regulatory mechanisms. Failure to provide valid KYC documents or accurate information may result in delay, suspension, or rejection of services.
SECTION 5 – FEES & PAYMENT TERMS:
The fees charged by Wealthy Brains shall comply with SEBI and RAASB guidelines applicable from time to time. Payments must be made only through approved banking channels such as UPI, NEFT, RTGS, IMPS, Net Banking, Debit Card, or authorized payment gateways. Cash payments are strictly prohibited. Fees may be collected in advance as permitted under applicable SEBI regulations. All taxes, statutory charges, payment gateway charges, or other applicable levies shall be borne by the client wherever applicable. Payments must be made only to official accounts or payment gateways authorized by Wealthy Brains.
SECTION 6 – REFUND & CANCELLATION POLICY:
Refunds shall be governed strictly in accordance with SEBI regulations and company policies. Refunds may be considered only in circumstances such as suspension or cancellation of SEBI registration, technical inability to provide subscribed services, or any other condition specifically mandated under applicable regulations. Wherever applicable, refunds shall be processed on a pro-rata basis for the unexpired subscription period only. No refund shall be provided for market losses, dissatisfaction arising due to market fluctuations, delay in client action, or non-achievement of expected profits.
SECTION 7 – NO ASSURED RETURNS:
Wealthy Brains strictly does not provide assured returns, guaranteed profits, profit-sharing arrangements, jackpot calls, or sure-shot recommendations. Trading and investments in securities markets are inherently risky and subject to market fluctuations. SEBI registration, BSE enlistment, and NISM certifications do not guarantee performance or investor returns.
SECTION 8 – MODE OF SERVICE DELIVERY:
Research recommendations, updates, and reports may be delivered through WhatsApp and Email, as deemed appropriate by Wealthy Brains. Wealthy Brains shall not be responsible for delayed delivery, non-receipt of messages, technical disruptions, DND activation, internet failures, network issues, or third-party platform-related problems.
SECTION 9 – USER RESPONSIBILITIES:
Users agree not to misuse the website, research reports, or services provided by Wealthy Brains. Users shall not copy, reproduce, distribute, circulate, publish, or commercially exploit any paid recommendations or research content without prior written permission. Users further agree not to engage in unlawful activities, attempt unauthorized access to systems, transmit malicious code, or misuse website functionality in any manner. Any violation of these conditions may result in immediate suspension or termination of services along with appropriate legal action.
SECTION 10 – INTELLECTUAL PROPERTY RIGHTS:
All content available on this website including research reports, market analysis, logos, branding, graphics, videos, educational material, website content, and related intellectual property shall remain the exclusive property of Wealthy Brains. Unauthorized copying, redistribution, resale, publication, or commercial usage is strictly prohibited and may attract civil and criminal liability under applicable laws.
SECTION 11 – THIRD-PARTY LINKS & TOOLS:
Our website may contain links to third-party websites, applications, payment gateways, or tools for user convenience. Wealthy Brains does not control, endorse, or guarantee the accuracy, reliability, or security of such third-party services and shall not be responsible for any losses, damages, privacy breaches, or disputes arising from the use of third-party platforms. Users access such platforms entirely at their own risk.
SECTION 12 – ACCURACY OF INFORMATION:
The information provided on this website and through our services is intended for general informational, research, and educational purposes only. While Wealthy Brains endeavors to maintain accuracy and reliability, we do not guarantee that all information shall always be complete, accurate, updated, or error-free. Users are advised to independently verify all information before making any investment or trading decision.
SECTION 13 – PROHIBITED ACTIVITIES:
Users are prohibited from using the website or services for any unlawful purpose, violating any laws or regulations, transmitting viruses or malicious software, collecting personal information of other users, engaging in fraudulent activities, or interfering with website security and operations. Wealthy Brains reserves the right to restrict or permanently terminate access to users found violating these provisions.
SECTION 14 – DISCLAIMER OF WARRANTIES:
All services, research reports, recommendations, website content, and communications are provided on an “As Is” and “As Available” basis without warranties of any kind, whether express or implied. Wealthy Brains does not warrant that services shall remain uninterrupted, error-free, secure, or profitable. Use of our services and website shall remain entirely at the client’s own risk and discretion.
SECTION 15 – LIMITATION OF LIABILITY:
Under no circumstances shall Wealthy Brains, its proprietor, employees, analysts, associates, affiliates, or representatives be liable for any direct, indirect, incidental, consequential, or special damages including but not limited to trading losses, investment losses, loss of profits, business interruption, or data loss arising out of the use of our services, website, recommendations, or research reports. Clients acknowledge that all investment and trading decisions are made solely at their own discretion and risk.
SECTION 16 – PRIVACY POLICY:
Submission of personal information through our website shall be governed by our Privacy Policy. By using our services, you consent to the collection, storage, processing, and use of your information in accordance with applicable laws and company policies.
SECTION 17 – GRIEVANCE REDRESSAL:
For any complaints or grievances, clients may contact Wealthy Brains at [email protected] or call +91-9111038555. Clients may also lodge complaints through SEBI SCORES at https://scores.sebi.gov.in or through the SMART ODR Portal at https://smartodr.in. For more information regarding grievance handling procedures, users may visit https://wealthybrains.in/grievance-redressal-process/.
SECTION 18 – MOST IMPORTANT TERMS & CONDITIONS (MITC):
Clients are advised to carefully read the Most Important Terms & Conditions (MITC) available on our website before subscribing to any service. By subscribing to our services, the client confirms acceptance of all MITC guidelines prescribed under SEBI and RAASB regulations. The MITC document is available at https://wealthybrains.in/terms-and-conditions/.
SECTION 19 – USE OF ARTIFICIAL INTELLIGENCE:
Currently, Wealthy Brains does not use Artificial Intelligence (AI)-based systems for generating research recommendations unless specifically disclosed by the company on its official website or communications.
SECTION 20 – TERMINATION OF SERVICES:
Wealthy Brains reserves the right to suspend or terminate services without prior notice if false information is provided, payment obligations are not fulfilled, fraudulent activity is suspected, terms are violated, or abusive conduct occurs. Termination of services shall not affect liabilities accrued prior to such termination.
SECTION 21 – MODIFICATION OF TERMS:
Wealthy Brains reserves the right to update, amend, modify, or replace any part of these Terms & Conditions at any time without prior notice. Changes shall become effective immediately upon publication on the website. Users are advised to periodically review this page for updates.
SECTION 22 – GOVERNING LAW & JURISDICTION:
These Terms & Conditions shall be governed by and construed in accordance with the laws of India. All disputes arising out of or related to these Terms & Conditions shall be subject to the exclusive jurisdiction of the courts located in Jabalpur, Madhya Pradesh.
SECTION 23 – CONTACT INFORMATION:
For any queries regarding these Terms & Conditions, users may contact:
Wealthy Brains
Website: https://wealthybrains.in
Email: [email protected]
Phone: +91-9111038555
DISCLAIMER:
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
SEBI Registration No.: INH000009764
For disclosures and disclaimers, please visit:
https://wealthybrains.in/disclosure/
