Arihant Capital Franchise
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Arihant Capital Franchise business opportunities are available to potential partners at different levels, be it the business model, initial costing, revenue sharing expectation, staff training, support from management etc.
Let’s understand these details one by one:
Arihant Capital Franchise Review
Arihant Capital started in the year 1992, is India’s leading full-service stockbroker. Being a full-service stockbroker, Arihant Capital offers a wide range of services be it customer support, share market research and tips, market analysis, relationship manager etc.
In lieu of that, Arihant Capital charges relatively high brokerage charges and thus, if you are looking to be a business partner of this full-service stockbroker, make sure you know how to sell-off the services offered.
As far as the numbers are concerned, Arihant Capital has an active client base of 32,370 with a partner network of 750+ across 125 cities of India. The broker offers services across segments such as Equity, Commodity, Currency, Mutual Funds, Insurance, Depository services, merchant banking and more. Furthermore, the broker has partnerships with NSE, BSE, MCX, NCDEX and other share market exchanges.
Arihant Capital Franchise Partnership Models
In case you are looking to go ahead for a business partnership with Arihant Capital Franchise, the following are the models available for your reference:
- Authorized Person or Sub-broker model
- In-house sub-broker model
- Joint Venture
- Independent Financial advisor
Let’s understand each of these partnership models one by one:
Arihant Capital Sub broker or Arihant Capital Authorized Person
Arihant Capital Sub-broker model works the best for a businessman or a professional who has a reasonable network along with resources to set-up an office. With this model, you can set-up an office in your preferred area and the clients pertaining to your area will be mapped with you along with the ones acquired by you exclusively.
There could be an initial deposit requirement in this business model.
Arihant Capital In-house sub-broker
Arihant Capital in-sub-broker is a business model that works best for someone who is well-networked and can actually work on an independent level without the need of an office either.
Based on the brokerage generated by you. a dealer will also be assigned to you who can help you place orders.
Arihant Capital Joint Venture
If you are existing authorized person with some other stockbroker and want to move to Arihant Capital and at the same time, require financial support with an aim to set up an office, then this model works the best for you. There are some capital requirements at the onset, which are generally discussed over a table with the broker executive.
This is one of the mainstream partnership models where you can think of going full-on with your business strategy and implementation.
Arihant Capital Independent Financial advisor
If you don’t want to set-up a team or office and are looking to work on your own, then the Independent Financial advisor model suits you the best. Having said that, you are supposed to have a decent client network and are open to working under extensive sales-oriented culture.
This model does not require an upfront cost or any maintenance charges.
Arihant Capital Franchise Criteria
All the different partnership models discussed above have their own set of eligibility criteria that you need to fulfil, assuming you are interested to work with the broker.
If you are looking for an Arihant Captial sub-broker or authorized person, then you must clear the following requirements:
- Either be a businessperson in a financial domain or have a minimum of 2 years of work experience in selling or distributing any of the financial products.
- Relevant education with any of degrees such as MBA, CA, CFA etc or a businessman with reasonable market experience.
- MUST have cleared all relevant certifications with an understanding of the market regulations and bye-laws.
- From an infrastructure perspective, you must have an office space of at least 250 Square feet in a commercial location along with staff, office logistics such as internet connection, printer, scanner etc.
- Capital requirement of ₹50,000 per segment is also a mandatory requirement at the onset.
- A refundable security deposit of ₹1 Lakh (without interest) to be provided to Arihant Capital.
- Trading Platforms charges, including:
- Ari-Trade or ODIN: No charges if ₹1500 brokerage is generated per quarter, otherwise ₹250 per month.
- ODIN Diet: ₹250 per month per segment.
- Ari-Invest Web: Free of Cost
At the same time, if you are looking to partner at an in-house sub-broker level, then the infrastructure level requirements go away while the ones mentioned for the sub-broker partnership stay the same.
For a Joint Venture business partnership, you are supposed to have:
- a minimum of 4 years of experience in the broking business
- infrastructural requirements are at 500 square feet of office space along with internet connectivity, telephone lines, relevant staff etc.
- Monetary requirement depends on factors such as the number of segments, business location, client size, anticipated business revenue etc.
Finally, when it comes to Independent Financial advisor (IFA) model, you don’t really need to worry about any office space or monetary needs, but having sound experience in selling financial products is almost a must. Rest of the requirements are primary at skill or certification levels.
Arihant Capital Franchise Revenue Sharing
For the Arihant Capital Franchise or sub-broker model, the broker works at a 70:30 ratio revenue sharing with 70% of the generated brokerage staying with you while the rest 30% going to the stockbroker.
In case, you are an in-house sub-broker with Arihant Capital then the revenue sharing depends on the brokerage generated by you. Here are the revenue sharing slabs:
- ₹0 to ₹25,000: 60% (Arihant) and 40% (Sub-broker)
- ₹25,001 to ₹50,000: 55% (Arihant) and 45% (Sub-broker)
- ₹50,001 & more: 50% (Arihant) and 50% (Sub-broker)
You can read this review in Hindi as well.
Arihant Capital Franchise Registration
In case you are looking to set up a partnership with Arihant Capital Franchise in any form, get started by filling in the form below:
A callback is arranged for you.
In this callback, you will be explained all the mentioned business models above and your preference will be seen. Based on the preferences, the specific requirements will be discussed. Furthermore, the executive will set-up a face to face discussion with you as well.
You will also be needing the below-mentioned documentation, including (but not limited to):
- PAN Card
- Original and copies of your certifications and education
- Aadhar card
- Residential and official address proof
- Passport sized photos – 4
- Reference letter from a registered chartered accountant
These documents will be taken from you during the face to face discussion and will be verified and processed at the broker’s back office. Make sure there are no discrepancies in any of the documentation involved otherwise it will lead to direct application rejection.
Depending on the business partnership type chosen, you will be required to deposit the corresponding fee to the broker. This fee could be the refundable deposit or registration charges etc.
Post the document verification and application check, you will be provided with your account details, access to back-office and trading platforms. Furthermore, a regional executive will also be verifying your official property with all the checks in place.
Once your business account with Arihant Capital is activated, you are provided with the following benefits:
- A Start-up kit including signboards, marketing brochures, visiting cards etc.
- Customer support executive assigning
- Market research, back-office access, risk management support systems
- Regular training, market seminars etc.
Arihant Capital Franchise Benefits
Some of the benefits of choosing Arihant Capital Franchise for your share market business are:
- A relatively visible brand name with wide presence across 125+ cities and towns of India.
- Regular marketing, share market research and back-office support to its business partners.
In case you are looking to set up a business with the stockbroker, just fill in some basic details below: