Who can qualify as a business associate?
Entities having a sound track record of servicing clients, offering products and
services for any or all the investment products to retail investors are potential
business associates. You may be
- An existing Sub-Broker or Franchisee of any broker, who buys and sells shares on
behalf of clients.
- A Remisier or an Agent selling Mutual Funds, Insurance or Fixed Deposits.
- A Chartered Accountant advising clients in tax planning.
- An Individual with entrepreneurial spirit and aspiring to be an Investment Advisor.
How much will I need to Invest?
You can can start off with an investment as low as 3 lacs.
How much space would I require?
You will need a minimum of 500 sq feet usable office space.
When will I break-even?
This is dependant on several factors. However, in general, you can break-even in
3 to 6 months.