Investment Advisory
Aktivitas Advisori Investasi
🏦 Section K — Financial & Insurance Activities
In Bali: open to a PT PMA
Investment advisory services — providing professional advice on investments in securities, portfolio management recommendations, financial planning, and wealth management advisory. This is advisory-only service: you analyze investments, recommend strategies, provide financial planning, but you do NOT directly manage client funds or execute trades. That's the key distinction from asset management (66111, Manajer Investasi) — advisory gives advice, asset management executes and manages. Common services: portfolio analysis, asset allocation recommendations, retirement planning, tax-efficient investment strategies, wealth preservation consulting.
What You Need
PP28/2025 Licensing Data8 scales
Requirements (Indonesian)2
Post-License Obligations2
Two-stage licensing process
Post-license obligations
Typical total timeline
Minimum capital
Authority
Investment advisory services existed in KBLI 2020 under similar codes. KBLI 2025 maintains the classification with OJK regulatory framework under POJK 10/2012 unchanged. The key distinction from asset management (Manajer Investasi) is preserved: advisory = recommendations only; asset management = discretionary fund management.
Bali Intelligence
Can foreigners operate a investment advisory business in Indonesia?
What license is required for KBLI 66151?
What is KBLI 66151?
How did KBLI 66151 change from KBLI 2020 to 2025?
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Other Financial Market Advisory
Aktivitas Advisori Pasar Keuangan Lainnya
Payment System Support Services
Penyelenggaraan Penunjang Sistem Pembayaran
Ready to register this business?
Bali Zero handles PT PMA setup, KBLI registration, NIB, and all licensing for KBLI 66151.
PT PMA Setup
IDR 20.000.000
Company registration, KBLI, NIB, domicile
Virtual Office
IDR 5.000.000
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