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The Financial Advisory Agreement serves as a crucial legal instrument in the Indian financial services sector, designed to formalize the relationship between financial advisors and their clients. It is essential for compliance with SEBI (Investment Advisers) Regulations, 2013, and other applicable Indian financial laws. This document is typically used when establishing new advisory relationships, whether for individual or institutional clients, and covers critical aspects such as service scope, fee structures, fiduciary duties, and regulatory compliance requirements. The agreement incorporates necessary safeguards and disclosures mandated by Indian regulators, while also addressing practical aspects of the advisory relationship such as communication protocols, reporting requirements, and risk acknowledgments. It's particularly relevant in today's complex financial landscape where professional financial advice must be delivered within a clear legal and regulatory framework.

1. Parties: Identification of the Financial Advisor and the Client, including registration details and contact information

2. Background: Context of the agreement, including advisor's qualifications and client's objectives

3. Definitions: Key terms used throughout the agreement, including regulatory and technical terminology

4. Scope of Services: Detailed description of financial advisory services to be provided, including specific inclusions and exclusions

5. Appointment and Term: Formal appointment of advisor and duration of the agreement, including renewal terms

6. Fees and Payment Terms: Compensation structure, payment schedule, and expenses

7. Duties and Obligations of the Advisor: Advisor's responsibilities, including fiduciary duties, reporting requirements, and compliance obligations

8. Client's Obligations: Client's responsibilities, including information provision and cooperation requirements

9. Representations and Warranties: Statements of fact and assurances from both parties

10. Confidentiality: Protection of confidential information and trade secrets

11. Conflicts of Interest: Disclosure and management of potential conflicts

12. Risk Acknowledgment: Client's acknowledgment of investment risks and market uncertainties

13. Termination: Conditions and procedures for ending the agreement

14. Indemnification: Mutual protection against losses and liability

15. Governing Law and Jurisdiction: Application of Indian law and dispute resolution mechanisms

16. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability