Edelweiss Franchise or Sub Broker or Partner Business – Cost, Commission & more

The Edelweiss Franchise model offers a decent career to stock market enthusiasts. Investors freely invest through this broking house for its attractive brokerage structure.

This company’s wide range of features makes the sub-broker’s job easy. In this article, we will discuss the duty and payouts of an Edelweiss Sub Broker.

We also shed light on the process of working as a sub-broker. We will discuss the initial investments, basic requirements, eligibility criteria and other details.

Rashesh Shah and Venkat Ramaswamy founded this company in 1995. Initially, the company Provided equity syndication (private), M&A and advisory services.

It started working as a full-service broker in 2008. In 2022, it was renamed to Nuvama Wealth. An Edelweiss Partner Business requires a deep understanding of finance and client servicing.

However, its attractive commission and other benefits inspire sub-brokers to work more intensely. The initial investment will be between Rs.1,33,000 and Rs.1,53,000.

The prime job of a sub-broker is to act as a bridge between Edelweiss and retail investors. The cutting-edge fintech tools, in-depth training, and bespoke support help partners grow their businesses fast.

Also, the diversified portfolio of the broking house makes it a one-stop solution for investors.

Edelweiss Sub Broker Commission is competitive and rewarding. They get between 60% and 70% revenue sharing. Thus, if they perform more trade, they can earn a significant payout.

Their main task is guiding their clients to make wise trading choices. Furthermore, sub-brokers get Rs. 200 for every successful referral. This way, every client they introduce they can earn in multiple ways.

First, they get the referral bonus. Also, they get brokerage against their trading volume. This broking house empowers its partners to grow in the competitive financial landscape.

For this reason, now the company has more than 2500 active sub-brokers across the country.

Applicants need to invest a moderate amount to work as a sub-broker. The cost primarily includes the security deposit, exchange charges and office setup costs.

The security deposit is Rs 1 Lakh. Also, the exchange charge is Rs. 3000. The office set-up requires a room between 150 and 200 Sq. Ft. area.

Also, basic setups like phones, computers, and the Internet are mandatory. Moreover, sub-brokers must have one employee to assist them.

The Edelweiss Franchise Cost typically ranges from Rs.1,33,000 to Rs.1,53,000. It mainly depends on the business location and set-up. However, the short break-even time helps sub-brokers earn profit faster.

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Edelweiss Sub Broker Profits can be substantial. The high commission and the diverse products help them earn from multiple options. If we assume a sub-broker has 200 active clients.

Also, the clients generate Rs. 925 brokerages on average per month. So, the total brokerage will be Rs. 1,85,000. As per 70% revenue sharing, the sub-broker will get Rs. 1,29,500.

Also, they get Rs. 200 per client acquisition. If a sub-broker acquires 45 new clients that month, they will get Rs.9,000. Hence, the gross income will be Rs.1,38,500.

Now, we must reduce the office expenses. So, if the office expense in a month is Rs.40,000, the sub-broker will earn Rs.93,500 in profit.

Edelweiss Franchise Returns are pretty competitive. Sub-brokers can recover their initial investment within three months of operation. However, it depends on various factors.

Increased sales volume, client trading amount, and new account openings help achieve a quick ROI. The company’s robust support makes this shorter ROI timeframe possible.

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The Edelweiss Franchise Dashboard arranges all critical data in one interface. It shows live stock market data and reports. Its advanced charting tools and analytics help in wise decision-making.

Sub-brokers can see detailed client reports and transaction summaries on their dashboard, so they can track their growth anytime they wish.

Moreover, it makes trading very simple. Sub-brokers can complete their trade in just three steps.

The Edelweiss Partner Dashboard comes with several advanced and unique features. Such as –

• The dashboard shows clients’ portfolio reports in detail. So, the sub-broker can guide their clients to increase their profits.
• Sub-brokers can access real-time updates on all transactions. They can track which trade is profitable and otherwise. This way, they can avoid their client’s asset loss.
• Sub-brokers can easily access any data from the user-friendly interface. It saves significant time during the busy market hours.
• They can generate detailed reports as per their business needs. It helps them track their overall performance. Also, the monthly payout report gives them an idea of their earnings.
• The dashboard also features lead reports with the stage info. Sub-brokers can select from them to convert as their fixed clients. They can also add leads through the addition link.
• The client activation report is also available. So, sub-brokers can generate trades at the earliest possible.

Edelweiss Sub Broker Login

The Edelweiss Sub Broker Login portal offers seamless access to all the tools and resources. Sub-brokers receive their login details once their account is active.

After logging in, they can access their personal dashboard. The portal will help them with several crucial details. They can manage client accounts, access reports, and monitor their performance.

Moreover, it is a very secure portal, so sub-brokers can access it without any fear of data theft.

The office requirement is similar to that of other broking houses. An Edelweiss Authorised Person must arrange the office set-ups below.

• First and foremost, they must arrange an office space. There is no rule for setting up offices in commercial areas. They can use a 150 to 200 Sq. Ft. room in their house as an office.
• Phone, computer and internet are the basic requirements to work as a sub-broker. Also, they may keep a backup electric and internet supply.
• The Edelweiss sub-broker must have one employee to assist them in daily operations. They can employ more as their business grows.
• A manager cabin, dealer’s terminal and receptionist are optional. Also, the sub-broker may install AC and CCTV.

Edelweiss Sub Brokership comes with a wide range of support. The support includes the following.

• The broking house assigns a dedicated Relationship Manager (RM) to help them round-the-clock. They can contact their RM for any queries.
• Edelweiss offers robust acquisition support. It helps the sub-brokers swiftly grow their client base.
• The company provide adequate advisory support. It empowers sub-brokers to make profitable trading decisions. Also, it helps them reduce the risk of stock trading.
• The company’s constant back-office support makes the sub-broker’s job easy. They can quickly resolve any issues with the help of the back office.
• The broking house also provides efficient marketing support. Sub-brokers can reach a maximum number of prospective clients. It helps them seamlessly grow their venture.

Edelweiss Partner Offers are exclusive. In the following, we will discuss the payouts of a registered sub-broker.

• Sub-brokers get lucrative revenue sharing. They get between 60% and 70% of their generated brokerage. So, if they develop a total brokerage of Rs.1 Lakh, they can get up to Rs.70,000.
• The company offers effective advisory services. It helps sub-brokers choose their stocks wisely. Also, they can guide their clients and help them profit from the company’s top-notch advisories.
• Edelweiss offers flat brokerage charges. Clients who trade high-volume stocks in a single deal need to pay the same brokerage. It upsurges the overall trading volume.

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An Edelweiss Sub Broker Franchise sells a wide range of financial products. Such as –

• Trading in equity stocks is available. Clients can seamlessly trade stocks in BSE and NSE.
• They can also trade Derivatives or Futures and Options contracts. It provides them with versatile trading options in the Indian stock market.
• Clients can trade commodities if they are interested in gold, silver, copper, etc. Also, they can trade currencies. It offers them a wide array from which to profit.
• Mutual funds are also available for purchase. Clients who want to minimise risk can also purchase PMS or PCG services.
• Investing in IPOs, FPOs and NCDs are also available. Furthermore, clients can purchase insurance with attractive returns.

How to Become an Edelweiss Sub Broker?

An applicant can become a Edelweiss Sub Broker by completing the criteria below.

• First, applicants must fulfil the eligibility criteria. They must be an adult Indian citizen. Applicants must complete their graduation. Also, they must have an NISM Certificate.
• After that, they need to submit their Subbroker Agreement with other documents. The documents include POI, POA, PAN, and bank details. Also, a cancelled check and passport-size photo are mandatory.
• After verification, they will receive their credentials. Once their account is active and the office set-up is complete, they can start working as Edelweiss sub-brokers.

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Benefits of Edelweiss Sub Broker Business

The Edelweiss Sub Brokership comes with several attractive benefits. Such as –

• The attractive revenue-sharing rate helps sub-brokers secure a decent payout every month. They can get up to 70% of the total brokerage.
• The company’s advisory services help minimise the risk. Once their clients make good profits, they become more interested in trading.
• Sub-brokers get a Rs. 200 referral bonus per client. They can earn a substantial amount if they can acquire many clients.
• The user-friendly portal enables the sub-brokers to access any details effortlessly. They can contact their dedicated RM or the back office for further queries.

Drawbacks of Edelweiss Franchise

Edelweiss Franchise business is a pretty profitable venture. However, every business has some drawbacks, and this broking house is no different.

• The initial investment is pretty high. Applicants need to spend between Rs.1,33,000 and Rs.1,53,000. This is a significant sum, so if interested persons don’t manage to gather this amount, they can’t start their business.
• Sub-brokers need to put consistent effort into sales and marketing. Their business may face loss if they fail to acquire and retain clients.
• Also, the stock market is very volatile. So, sub-brokers must stay updated to avoid any sudden loss.

Edelweiss Partner or Sub Broker – Conclusion

The Edelweiss Partner program is a promising opportunity for persons looking to enter the financial services sector. The company’s widespread reputation makes its business easy.

Clients freely want to invest under this company’s banner. Hence, sub-brokers can swiftly grow their business with minimum effort.

Once they onboard a good number of clients, they start earning a good monthly payout. Overall, it is a lucrative career option for sub-brokers.

FAQs on Edelweiss Authorised Person

Check out various FAQs related to Edelweiss AP business.

Is Edelweiss Sub Brokership Profitable?

Sub-brokers can secure significant profit with wise decisions. Also, its attractive commissions and extensive products help sub-brokers offer the perfect product their clients need.

What is the Edelweiss Sub Broker Commission?

Sub-brokers get between 60% and 70% revenue sharing from their total brokerages. It is a pretty attractive ratio. If sub-brokers generate Rs.2 Lakhs brokerage, they will get Rs.1,40,000.

How many Sub-Broker does Edelweiss have?

Edelweiss now has more than 2,500 sub-brokers across the country, and the number is continuously increasing. The company’s robust support inspires more people to work with it.

What is the Edelweiss Franchise Cost?

The initial investment may be between Rs. 1,33,000 and Rs. 1,53,000. The applicant must pay a security deposit of Rs. 1 Lakh and Rs. 3000 for exchange charges. They must also set up their office space.

Does Edelweiss Franchise provide Backoffice?

Edelweiss provides round-the-clock back-office support. Sub-brokers may also contact their dedicated RM for any queries or complaints. Hence, whatever the problem, the company is always ready to assist.

What is the Eligibility for Edelweiss AP?

Applicants of the Edelweiss franchise must be adult Indian citizens who have completed their graduation. Basic financial knowledge and an NISM certificate are also mandatory.

How to Close Edelweiss Sub Broker Business?

Applicants must send an application to close their business. They can contact their sub-broker or back-office. Also, they must settle all their pending or active trades before they apply for closure.

How Can You Convert Edelweiss Partner to Sub Broker?

Applicants must fulfil their eligibility requirements to become a sub-broker. Once they are eligible, they need to submit their documents with a security deposit and exchange charges. Their Edelweiss sub-broker account will be active after verification.

What is the expected income as Edelweiss AP?

Sub-brokers income depends on multiple factors. They will receive a decent payout if they can generate good trading volume. Overall, their income ranges from ₹50,000 to ₹1,50,000 monthly.

Does Edelweiss Franchise provide Support?

Edelweiss offers all-inclusive support. Sub-brokers receive training, marketing assistance, and dedicated relationship managers. The broking house’s user-friendly interface makes their tasks easy and effortless.