{"id":205769,"date":"2026-08-17T10:33:59","date_gmt":"2026-08-17T05:03:59","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=205769"},"modified":"2026-08-17T10:34:01","modified_gmt":"2026-08-17T05:04:01","slug":"investment-adviser-outsourcing-rules","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/","title":{"rendered":"Can an Investment Adviser Outsource Its Core Advisory Activities?"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>SEBI&#8217;s current FAQ specifies that Investment Advisers cannot outsource their core advisory activity \u2014 the provision of investment advice itself. Compliance functions also cannot be outsourced to ex&#8230;<\/em> The investment adviser outsourcing rules framework discussed here applies throughout.<\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Investment adviser outsourcing rules are the SEBI guidelines specifying which activities a registered Investment Adviser or Research Analyst can and cannot delegate to third parties. The core principle is that the registered entity must be accountable for the advice it provides \u2014 this accountability cannot be transferred to an external party through outsourcing arrangements.<\/p>\n<\/div>\n<p>Investors who understand investment adviser outsourcing rules can ask more informed questions about who is actually conducting the research and analysis behind the advisory recommendations they receive, and whether the registered entity retains full accountability for those outputs.<\/p>\n<p>This guide explains the investment adviser outsourcing rules from SEBI&#8217;s current FAQ, distinguishes core activities that cannot be outsourced from non-core activities that may be, and provides questions investors should ask.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=investment-adviser-outsourcing-rules\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#The_Core_Activity_Non-Outsourcing_Principle\" title=\"The Core Activity Non-Outsourcing Principle\">The Core Activity Non-Outsourcing Principle<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Compliance_Functions_Cannot_Be_Outsourced\" title=\"Compliance Functions Cannot Be Outsourced\">Compliance Functions Cannot Be Outsourced<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Non-Core_Activities_That_May_Be_Outsourced\" title=\"Non-Core Activities That May Be Outsourced\">Non-Core Activities That May Be Outsourced<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Questions_Investors_Should_Ask_About_Outsourcing\" title=\"Questions Investors Should Ask About Outsourcing\">Questions Investors Should Ask About Outsourcing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Can_a_SEBI_Investment_Adviser_outsource_its_core_advisory_activities\" title=\"Can a SEBI Investment Adviser outsource its core advisory activities?\">Can a SEBI Investment Adviser outsource its core advisory activities?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Can_an_investment_adviser_outsource_its_compliance_function\" title=\"Can an investment adviser outsource its compliance function?\">Can an investment adviser outsource its compliance function?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#What_activities_can_an_investment_adviser_outsource\" title=\"What activities can an investment adviser outsource?\">What activities can an investment adviser outsource?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Why_does_SEBI_prohibit_outsourcing_of_core_advisory_activities\" title=\"Why does SEBI prohibit outsourcing of core advisory activities?\">Why does SEBI prohibit outsourcing of core advisory activities?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#What_questions_can_I_ask_to_verify_an_advisers_outsourcing_arrangements\" title=\"What questions can I ask to verify an adviser&#8217;s outsourcing arrangements?\">What questions can I ask to verify an adviser&#8217;s outsourcing arrangements?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/investment-adviser-outsourcing-rules\/#Does_technology_outsourcing_affect_the_quality_of_investment_advisory\" title=\"Does technology outsourcing affect the quality of investment advisory?\">Does technology outsourcing affect the quality of investment advisory?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The_Core_Activity_Non-Outsourcing_Principle\"><\/span><strong>The Core Activity Non-Outsourcing Principle<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SEBI&#8217;s current FAQ on Investment Advisers specifies that the core advisory activity \u2014 the provision of investment advice itself \u2014 cannot be outsourced by a registered Investment Adviser. This means the analysis, research and judgment that produces a recommendation must originate from within the registered entity, not from an external third party operating outside SEBI&#8217;s regulatory purview. The investment adviser outsourcing rule for core activities prevents a registered entity from using its registration as a front while the actual advisory work is done by an unregistered third party who is not subject to SEBI&#8217;s adviser accountability framework. The investment adviser outsourcing rules framework discussed here applies throughout.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Compliance_Functions_Cannot_Be_Outsourced\"><\/span><strong>Compliance Functions Cannot Be Outsourced<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investment adviser outsourcing rules also specify that the compliance function cannot be outsourced externally. The compliance function \u2014 including maintaining client records, ensuring adherence to SEBI regulations, managing the grievance redressal process and preparing regulatory reports \u2014 must be managed internally by the registered entity. An Investment Adviser cannot outsource its SEBI compliance obligations to a third-party compliance provider while retaining the SEBI registration benefit without the corresponding compliance responsibility.<\/p>\n<table>\n<thead>\n<tr>\n<th>Activity Category<\/th>\n<th>Outsourcing Permissibility<\/th>\n<th>Why<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Core advisory (advice, research, analysis)<\/td>\n<td>Not permitted<\/td>\n<td>Accountability must remain with registered entity<\/td>\n<\/tr>\n<tr>\n<td>Compliance function<\/td>\n<td>Not permitted externally<\/td>\n<td>Regulatory obligations cannot be delegated<\/td>\n<\/tr>\n<tr>\n<td>Technology infrastructure<\/td>\n<td>Permitted with controls<\/td>\n<td>Non-core; technology provider is not giving advice<\/td>\n<\/tr>\n<tr>\n<td>Client data processing<\/td>\n<td>Permitted with appropriate data controls<\/td>\n<td>Non-core; data handling is not advisory judgment<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Non-Core_Activities_That_May_Be_Outsourced\"><\/span><strong>Non-Core Activities That May Be Outsourced<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investment adviser outsourcing rules do not prohibit outsourcing of genuinely non-core activities. Technology infrastructure (cloud hosting, app development), payment processing and general business operations do not constitute the advisory function and may be provided by external vendors. The key test is whether the outsourced activity requires the specific regulatory judgment and accountability that SEBI registration establishes \u2014 if it does, it cannot be outsourced; if it is a supporting operational function, it can be with appropriate controls and data protection measures.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Questions_Investors_Should_Ask_About_Outsourcing\"><\/span><strong>Questions Investors Should Ask About Outsourcing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors can ask advisory services: who conducts the research and analysis that produces your recommendations? Are your analysts employees of the registered entity or do they work for a third party? Is your compliance function managed internally? Responses that indicate the research or compliance function is managed by a third party rather than the registered entity&#8217;s own employees are potentially inconsistent with SEBI&#8217;s investment adviser outsourcing rules. Platforms like Univest (SEBI RA Reg. No. INH000013776) publish their terms and disclosure documents on their official website. Investors with specific questions about the entity structure behind their advisory service can review these documents or contact the platform&#8217;s compliance officer directly.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Verify the Research and Compliance Structure Behind Any Advisory Service Before Subscribing<\/strong><\/a><\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to understand outsourcing limits before trusting any SEBI-registered advisory research.<\/em> The investment adviser outsourcing rules framework discussed here applies throughout.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investment adviser outsourcing rules prohibit outsourcing the core advisory activity (the provision of advice and research itself) and compliance functions. The registered entity must retain full accountability for advisory outputs regardless of third-party involvement in non-core operational activities. Investors should ask advisory services whether the research, analysis and compliance functions are managed by employees of the registered entity or delegated to external third parties \u2014 and should treat delegation of core functions as a potential signal of non-compliance with SEBI&#8217;s outsourcing rules.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with official sources before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776). The investment adviser outsourcing rules framework discussed here applies throughout.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Can_a_SEBI_Investment_Adviser_outsource_its_core_advisory_activities\"><\/span><strong>Can a SEBI Investment Adviser outsource its core advisory activities?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. SEBI&#8217;s current FAQ specifies that a registered Investment Adviser cannot outsource its core advisory activity \u2014 the provision of investment advice itself. The analysis, research and judgment that produces recommendations must originate from within the registered entity. The registered entity cannot use its registration as a front while actual advisory work is conducted by an unregistered third party. The investment adviser outsourcing rules framework discussed here applies throughout.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_an_investment_adviser_outsource_its_compliance_function\"><\/span><strong>Can an investment adviser outsource its compliance function?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. SEBI&#8217;s investment adviser outsourcing rules specify that the compliance function cannot be outsourced externally. Compliance responsibilities \u2014 maintaining client records, ensuring regulatory adherence, managing grievance redressal and preparing regulatory reports \u2014 must be managed internally. The registered entity cannot delegate its SEBI compliance obligations while retaining the registration benefit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_activities_can_an_investment_adviser_outsource\"><\/span><strong>What activities can an investment adviser outsource?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Non-core operational activities \u2014 technology infrastructure (cloud hosting, app development), payment processing and general business operations \u2014 can be outsourced with appropriate controls. The test is whether the outsourced activity requires the specific regulatory judgment and accountability that SEBI registration establishes. Supporting operational functions that do not involve advisory judgment or compliance decision-making can be provided by external vendors. The investment adviser outsourcing rules framework discussed here applies throughout.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_SEBI_prohibit_outsourcing_of_core_advisory_activities\"><\/span><strong>Why does SEBI prohibit outsourcing of core advisory activities?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The prohibition exists to ensure that the entity holding the SEBI registration is genuinely accountable for the advice it provides. If core advisory activities could be outsourced to an unregistered third party, the SEBI registration would function as a licence for an unregistered entity to provide advisory services without being subject to SEBI&#8217;s adviser accountability framework. The registered entity&#8217;s accountability cannot be transferred through outsourcing arrangements. The investment adviser outsourcing rules framework discussed here applies throughout.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_questions_can_I_ask_to_verify_an_advisers_outsourcing_arrangements\"><\/span><strong>What questions can I ask to verify an adviser&#8217;s outsourcing arrangements?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> When considering investment adviser outsourcing rules, ask: who conducts the research and analysis that produces your recommendations \u2014 are they employees of the registered entity? Is your compliance function managed by employees of the registered entity or by a third party? Are your research analysts employed or contracted directly by the SEBI-registered entity? Responses indicating that research or compliance is primarily managed by a non-employee third party are potentially inconsistent with SEBI&#8217;s outsourcing rules.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_technology_outsourcing_affect_the_quality_of_investment_advisory\"><\/span><strong>Does technology outsourcing affect the quality of investment advisory?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Technology outsourcing \u2014 using third-party cloud infrastructure, app development platforms or data providers \u2014 does not in itself affect the quality of advisory research when the core research and analysis function is retained within the registered entity. The advisory quality depends on the intellectual work and judgment of the registered entity&#8217;s research team, not on which technology infrastructure they use to deliver it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment adviser outsourcing rules in India: what SEBI says about outsourcing research, advice, compliance and data functions \u2014 and what investors should ask about any adviser&#8217;s outsourcing arrangements.<\/p>\n","protected":false},"author":34,"featured_media":205767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1002],"tags":[3802],"class_list":["post-205769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advisory","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["205767"],"_edit_lock":["1786943045:37"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1002"],"rank_math_seo_score":["81"],"rank_math_title":["Can an Investment Adviser Outsourcing rules Its Core Advisory Activities 2026"],"rank_math_description":["Investment adviser outsourcing rules in India: what SEBI says about outsourcing research, advice, compliance and data functions \u2014 and what investors should ask about any adviser's outsourcing arrangements."],"rank_math_focus_keyword":["investment adviser outsourcing rules"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"_edit_last":["37"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["37727"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/investment-adviser-outsourcing-rules.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/205769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=205769"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/205769\/revisions"}],"predecessor-version":[{"id":205970,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/205769\/revisions\/205970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/205767"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=205769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=205769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=205769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}