Why Motilal Oswal Is The Best Financial Services Broker Franchise In 2024?

on Dec 21, 2023 | 2837 views

Written By: Shruti Agrawal

In the ever-changing financial services world, people have become more literate and aware of their wealth and their investment options i.e. they explore multiple financial options other than going to some of the traditional known options. Here, the role of Motilal Oswal Financial Services Brokers franchise stands as a pivotal gateway for investors and traders seeking expertise, guidance, and a comprehensive array of financial products.

What sets Motilal Oswal Financial Services Brokers franchises apart is their commitment to facilitating access and enabling participation in the financial markets. These franchises serve as essential intermediaries, connecting individuals, businesses, and institutions with a wide spectrum of financial instruments.

Motilal Oswal Financial Services Brokers franchises in India serve as pillars of financial inclusion and empowerment. They embody a commitment to excellence, innovation, and integrity, consistently raising the bar for service standards in the financial sector.

As India's financial markets continue to expand and evolve, financial services franchises remain indispensable.

About Motilal Oswal Financial Services Brokers Franchises

The company was established in 1987 by Motilal Oswal and Raamdeo Agrawal. It is a well-diversified Indian financial services company offering a range of financial products and services.

The company has received various accolades and awards, and its equity shares are listed on the Bombay Stock Exchange and the National Stock Exchange of India. It is known for its broking and distribution business, which helps retail customers make informed investment decisions with a strong research-based approach.

The company provides online stock trading platforms, investment banking, private equity, principal strategies, home finance services, and more. Motilal Oswal Financial Services is also involved in private wealth and asset management, retail broking and distribution, investment banking, and private equity services.

Motilal Oswal Financial Services Broker Franchise Model

Motilal Oswal Financial Services offers a sub-broker business model that allows entrepreneurs to set up their business at no capital cost and largely work independently. It offers various franchise models for individuals interested in becoming a part of their franchise network. These models include the franchise, entrepreneur program, employee-to-entrepreneur, digital partner, and channel partner.

By becoming a sub-broker or authorized person with Motilal Oswal, individuals can benefit from excellent business development support, value-added services, outlet branding, marketing collaterals, investor awareness programs, seminars, webinars, joint client meetings, and digital location creation.

The sub-broking business model is described as very rewarding, with immense potential for the sub-broker to earn brokerage ranging from a few lakhs to even crores in a month. This partnership provides an opportunity for entrepreneurs to set up their businesses at no capital cost and largely work independently while partaking in the revenue pie of the complete financial intermediation opportunity.

The initial investment of a Motilal Oswal Financial Services Broker brand franchise varies depending on the specific business model chosen. For the Sub Broker model, the initial investment ranges from INR 1 Lakh to 4 Lakhs.  The Master Franchise model requires an initial investment between INR 4 to 5 Lakhs. Additionally, the Channel Partner model has a franchise fee ranging from INR 2 to 5 Lakhs.

These costs cover the investment required to establish the franchise and may also include infrastructure expenses such as office rent, telecaller costs, dealer costs, and miscellaneous expenses.  One of the noteworthy things is revenue sharing for sub-brokers ranges from 60% to 80%, while the master franchise program offers a revenue sharing of 70% to 80%.

Steps To Follow To Start The Motilal Oswal Financial Services Broker Franchise

The company seeks unrelenting entrepreneurs who have the passion and capability to pursue the journey towards their dreams.

By following these steps and leveraging Motilal Oswal's support, you can start and grow your sub-broker franchise with the company.

  • Research and Familiarization: Gain comprehensive knowledge about Motilal Oswal Financial Services, its brokerage franchise model, services offered, fees, support, and operational requirements.
  • Legal and Regulatory Understanding: Follow the legal and regulatory requirements to start brokerage services in India, including licensing and compliance norms set by SEBI and other relevant authorities.
  • Eligibility Check: Review the eligibility criteria set by MOFSL for becoming a franchisee. This might include financial criteria, experience in the financial services sector, infrastructure requirements, and more.
  • Application Submission: Register your details with Motilal Oswal, and a representative from the company will call you to explain the franchise program in detail.
  • Agreement and Documentation: Set up a physical meeting at your convenience with the representative, where you will be required to fill up application forms, submit relevant documents, and pay the security deposit. After that, get yourself enrolled with the stock broker by submitting duly filled application forms and relevant documents.
  • Operational Support: Utilize the ongoing support provided by MOFSL, including marketing support, operational guidance, and access to their research and advisory services.
  • Business Growth: Work towards building a database of prospective clients by reaching out to friends and family and trying to get as many contacts as possible who might be interested in availing your services.

Finally, ensure that you employ all the steps mentioned above and effortlessly start and grow your very own sub-broker franchise.

Market Trends Of Financial Services Broker Franchise In India

The financial services brokerage market is expected to grow between 2023 and 2028, at a growth rate of 7.89% (compounded annually) from USD 3.65 bn to USD 5.33 bn respectively. The industry is transforming from a transaction-based model to a fee-based model, with an increased focus on fund-based activities such as margin funding.

In FY 2022, full-service brokers accounted for a significant share (46.23%) of the broking industry in India, followed by discount brokers (42.46%) and hybrid brokers (11.31%).

India has a large young population, and the investment prospects are high as young people earn and invest for the future at the same time the financial services brokerage market in India is going through revenue diversification, digital transformation, and innovation to meet the growing demand for financial services across the country.

This proves that the financial services broker franchise in India has good growth prospects due to the rising demand for financial services across income brackets, increasing investment corpus in the insurance sector, and growing penetration of credit, insurance, and investment in rural areas.

Benefits Of Investing In The Motilal Oswal Financial Services Broker Franchise

  1. Leverage the established reputation and brand recognition of Motilal Oswal, a renowned name in India's financial services sector. and enjoy the benefit of the credibility and trust associated with the brand, which can assist in client acquisition and retention.
  2. Access to a wide range of financial products and services, including equities, derivatives, commodities, currencies, mutual funds, insurance, and advisory services, catering to diverse client needs.
  3. Utilize advanced technology platforms offered by the brand, enhancing operational efficiency and providing clients with seamless access to services.
  4. Benefit from the national presence and reach of Motilal Oswal, allowing franchisees to tap into diverse markets and clientele across different regions in India. Make use of the accessibility provided by the franchise's presence in multiple cities, catering to a broad spectrum of investors.
  5. Gain access to research-driven insights and analysis provided by Motilal Oswal's team of experts, aiding in informed decision-making for clients. It also offers client advisory services backed by comprehensive research, enhancing the value proposition for investors.
  6. Enjoy long-term client relationships by providing quality services and leveraging the support and resources offered by the brand.
  7. Benefit from the guidance and support provided by the Motilal Oswal franchise in adhering to regulatory and compliance requirements set by SEBI and other regulatory bodies.

In conclusion, the Motilal Oswal Financial Services Brokers franchise stands as a beacon of excellence and trust in India's financial landscape. Its legacy of integrity, innovation, and customer-centricity has not only established it as a leading name but also positioned it as a catalyst for financial empowerment and growth.

As India's financial markets evolve, the Motilal Oswal Financial Services Brokers franchise remains at the forefront, setting new benchmarks for service excellence and innovation. Its unwavering dedication to serving the diverse needs of investors, coupled with a forward-thinking approach, reaffirms its position as a trusted partner in the journey towards financial prosperity.

In essence, the Motilal Oswal Financial Services Brokers franchise isn't just a provider of financial services; it's a driving force behind financial inclusivity, education, and empowerment.  Its impact transcends mere transactions, shaping a landscape where informed decision-making and accessibility pave the way for a brighter financial future for investors across India.

So, if you want to be your boss and are interested in becoming a Financial Services Brokers franchise owner, then explore the idea of investing in the Motilal Oswal franchise.

To learn more about the franchise world and find out which franchise serves best to your interest, visit FranchiseBAZAR."

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.

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