Emkay Global Franchise
| |View All Sub-Broker Reviews
Emkay Global Franchise business has stayed relatively limited in scope as of now, however, the broker is gradually looking forward towards improving its offline presence. Obviously, that will require quite a bit of operational effort as well as improvement in the broker’s brand equity as well.
Emkay Global Franchise Review
When it comes to full-service stockbroking, Emkay Global is one of the prominent players in the financial services market.
The company is active in creating wealth for clients over the last two decades. Founded in the year 1995, the full-service stockbroker is serving the clients with a wide range of products and services.
Emkay Global has successfully served different varieties of clients around the globe which includes Foreign Institutional investors (FII), Insurance companies, Hedge funds, Domestic mutual funds, private equity firms, Small and medium-sized enterprises (SME), Corporate houses, and High net worth individuals (HNIs).
Furthermore, the primary services of the company include Portfolio management services (PMS), Institutional Equities, Investment banking, Wealth management.
They also offer services of commodities, currency derivatives, Insurance and retail broking services. The full-service broker claims its expertise in Future and options trading.
It is a member of BSE, NSE, MCX-SX and for depository service, it has the membership of CDSL.
In this article, we are going to discuss different aspects of the Emkay Global franchise like Types of business model, offers, revenue sharing ratio, security deposit/Initial investment, steps to become a sub-broker etc.
Emkay Global Franchise Advantages
You will get the following advantages by starting the partnership business with the Emkay Global:
- Brand name: The first and most important advantage of getting associated with the Emkay Global is that you can easily acquire clients to make your client base strong. This is easy with the help of the brand name of the company. You will have not to give extra effort to make understand about the company, as it is well recognized among the financial market players.
- Experience: Emkay Global has a lot of experience in equity and other trading instruments markets. The broker is running its business successfully over the last two decades. So, as a business partner of the company, you will be able to provide a perfect platform for your clients so that they can easily make wealth.
- Research: The company has a robust research team who has expertise in identifying the stocks having profitable movement. The research and analysis report provided by the team will help your clients to catch the most profitable stock.
- World-class service: The broker has won many awards in different fields for the services they provide to their customers. They provide world-class service to the clients and ultimately as a business partner, you and your clients will be benefited.
- The company maintains very strong and lifetime relationships with its customers and clients.
- Provides systematic and up-to-date research tools to the partners and clients.
- Trading software and mobile apps provided by the company are user-friendly, one can easily use those apps.
- They offer their business partners an attractive revenue sharing ratio.
- Affordable security deposit.
Emkay Global Franchise Types
Emkay Global offer only one type of business model i.e.
Sub-broker:
Sub-broker model is the first and the only model offered by the company. This model is very common among the broking companies. If you want to start as a partner of Emkay Global, you will have to make the security deposit with the company.
On the basis of the amount of security deposit, your revenue sharing ratio will increase or decrease up to the maximum extent. You have the right to access the trading tools, research reports and everything of the company used for the trading purpose.
As a sub-broker, you are needed to set-up a separate office from where you and your clients can work. You will have to acquire clients for your business and to make them work and generate a high revenue will totally depend on you.
You will also be responsible for arranging the whole infrastructure to work smoothly.
Benefits:
- An opportunity to start a business of your own under a brand and the trustable name.
- Right to access everything of the company which helps in smoothing trading and running a business successfully.
- Attractive revenue sharing ratio.
- Right to do anything which will be helpful in generating high revenue.
- You can modify the brokerage fee of your clients as you want.
Emkay Global Franchise Revenue Sharing Ratio:
The range of revenue sharing ratio for the sub-broker model of Emkay Global is 50%-80%. The range is at par with the industry. Though this is a standard range, it can be increased at the request and some pre-decided criteria also.
It means a sub-broker will get maximum of 80% of the revenue, while the broker will get the maximum 50% of revenue.
The range of revenue sharing ratio can be increased either you deposit a higher range of security deposit or generate more revenue than the target given by the broker. By sitting with the broker, you can bargain to increase the revenue sharing ratio.
Suppose, you generate ₹5,00,000 revenue in a month. Then, as a sub-broker, you will get a maximum of ₹4,00,000 as your share of revenue and the remaining ₹1,00,000 will be kept by the Emkay Global.
Emkay Global Franchise Security Deposit
The partnership business as a sub-broker needs some security deposit or initial investment. This security deposit is chargeable to almost every broking company. Emkay Global demands the security deposit in the range of ₹1,00,000 – ₹3,00,000.
It means to start a partnership business with the Emkay Global, you will have to deposit the minimum of ₹1,00,000 as the security deposit. The higher the security deposit, the higher the revenue sharing ratio will be.
The part of the security deposit is used by the broker when they provide you with some necessary things like a trading desktop to start your business, expenses on the advertisements of your business etc. So, when you decide to exit the agreement with the broker, they refund this security deposit after deducting those expenses made on your business.
By following the below-mentioned process, you can easily become a business partner of the Emkay Global.
Emkay Global Franchise Registration
- Fill-up the registration form available on the website. You may choose to fill the below-displayed form as well:
- Receive a verification call from the customer care executive.
- Another call will be from the broking house to give some brief idea about the partnership business with the company you are interested in.
- An appointment will be fixed to give the detail of the partnership business.
- In the meeting, you can ask everything related to the business you are going to start with the broker like the basis of the revenue sharing ratio, offers, security deposit etc.
- You will be asked to deposit all documents for the verification purpose with an initial deposit cheque.
- After verification, an account ID will be provided to start your business.
- Now, you are all set to start the partnership business under the brand name of Emkay Global.
The whole process will take almost 7-10 days to complete.
Emkay Global Franchise Summary
Emkay Global is one of the oldest and trustable brand names in the broking field. The company offers high-quality research reports with the help of its highly experienced research team. The trading platform is up-to-date which help clients to do their business easily.
The company offers an attractive revenue sharing ratio with an affordable security deposit.
Overall, the broker is a good option to start a partnership business.
In case you are looking to get started with stock market partnerships, let us assist you in taking things forward for you: