GlobalData
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Jio BlackRock Investment Advisers, the joint venture between Jio Financial Services and BlackRock, has obtained a certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as an investment adviser.
In a regulatory filing, the company announced, "Please note that the Securities and Exchange Board of India, vide letter dated 10 June 2025, has granted certificate of registration to Jio BlackRock Investment Advisers Private Limited ('JBIAPL') to act as an Investment Adviser."
With the SEBI registration in place, Jio BlackRock Investment Advisers said it is poised to focus on creating digital-first products tailored to the "evolving needs of today's investors".
Jio Financial Services managing director and CEO Hitesh Sethia said, “As Indian investors increasingly seek personalized, insight-driven financial solutions, this joint venture is poised to democratize access to world-class advisory services. We are confident that JioBlackRock will redefine the future of wealth creation in India by empowering investors with global expertise and local relevance.”
Additionally, the firm has announced the appointment of Marc Pilgrem as its chief executive officer (CEO) and managing director (MD).
Pilgrem brings over two decades of experience in the global financial services industry to his new role at Jio BlackRock Investment Advisers.
The announcement follows the recent unveiling of the executive leadership team at Jio BlackRock Asset Management, tasked with steering the company's operations.
Furthermore, Jio BlackRock Investment Advisers has launched its official website and an early access programme.
This initiative offers users the opportunity to engage with educational content on investing and to preview the upcoming digital-first offerings that the company plans to introduce.
"Jio BlackRock gets nod to operate as investment adviser in India" was originally created and published by Private Banker International, a GlobalData owned brand.
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