MOTILAL OSWAL SUB BROKING FRANCHISEIn this article, we try to cover every aspects of someone looking out for Motilal Oswal Franchise for Sub brokership.
A broking franchise is a company that deals in stock and are willing to give their franchise to sub brokers. The rights are sold to the franchise so that extra clientele is fetched and more money is made through these sub brokers or franchise partners. They are known as Franchiser.
The model is a great way to start an independent business, to become one of the best sub broker franchises in the country, there are different aspects are to be considered.
ABOUT MOTILAL OSWAL FRANCHISE
Motilal Lal Oswal is a renowned name in the stock market, it is one of the experienced players in the market. It is full-service broker with the headquarters in Mumbai, Maharashtra. The most critical reason for this popularity can be said to the strong support that it provides to its sub-brokers. Another reason can be said to be the multiple business model & the level of flexibility that one enjoys.
Motilal Oswal deals in many products like Equity, Commodity, derivative instruments, IPO research, mutual funds, insurance, etc.
Motilal Oswal Franchise follows 3 business models.
- Sub Broker / Authorised Person
- Employee to entrpeneur program
Individuals or businesses that are looking to expand can opt for Motilal Oswal Franchise model. Identifying opportunities, talking to potential clients and retaining those clients.
Under remisier model, the candidate is required to act as referrer. this is also one of the eminent models from the house of the company where the broker has to meet certain criteria set by the company. Here, you need to connect the potential business leads with Motilal Oswal. If they get converted into its customers, then as a remisier, you will get a share of the brokerage generated from them.
In this program the employee turns into businessman with business opportunities, and such opportunities depends on how the employee wants to turn it and not on the employer. The sub-brokers are given a good briefing on the products of the company and proper marketing support.
ADVANTAGES OF MOTILAL OSWAL FRANCHISE
- A huge career progress
- Direct earnings, not depending on anyone.
- Assistance in setting up the place
- Special packages for special clients
- Wide variety of products
- Least formalities to follow for registration
- Minimum efforts to provide substantial earnings & results
The sub brokers with the recent amendment by SEBI are now called as authorized person (AP), the role is the same but the registration process differs a bit, as any new registration will now be an AP instead of sub broker. All new franchise will now be sold in the name & legalities of Authorized Person & not in the name of Sub Broker.
Motilal Oswal partner trains the business partners on how to deal with the clients effectively. A special training and various workshops are provided to carry on the business. It has some fixed protocols to follow to get the trading license. It also provides strong research quality at fundamental and technical analysis.
The broking house also adopts a progressive revenue sharing model in some cases wherein the ratio or revenue depends upon the revenue generated – higher the revenue; higher will be the ratio of sharing. But in some cases, it might also have a fixed revenue sharing ratio.
MOTILAL OSWAL FRANCHISE COST
It provides for some initial investment and infrastructure investment. The initial investment is the security deposit kept with the broker, if there is any non payment of margin money then this amount may be used.
The investment may vary from Rs. 50,000- Rs. 5,00,000 including the office set up depending on tier 1 tier 2 or tier 3 city.
How to become a Motilal Oswal Sub Broker or Authorized Person?
- The sub-broker should be of at least 18 years of age
- He should have the educational qualification of a graduate
- The sub-brokers must be registered with SEBI
- Motilal Oswal Franchise Eligibility criteria demand the candidate to be having clear records
- Please fill in the lead form provided herein above
- Our executive will connect you with Motilal Oswal Team and then Motilal Oswal team will have a telephonic call to discuss the interest & ensure the basic eligibility
- Motilal Oswal team will fix an appointment and in that meeting all terms & conditions of the partnership would be discussed and agreed upon
- Telephone and internet connections are an integral part of the Motilal Oswal Sub Broker Infra Requirement
- The franchises must maintain Research services
- Minimum 500 sq ft of office area should be owned by the business partners
What exactly one is looking for before selecting one broker, the growth is limitless. It provides regular training and marketing initiatives so the services provided to clients become easy. It is one of the popular choices as it provides flexible and multiple sub broker models.
They will assist you in any financial guidance you need while setting up the workplace.
All these factors make Motilal Oswal franchise a leading brand and lucrative for people looking to invest in new opportunities.