Affluence Shares Sub Broker / Franchise / Authorised Person / Partner Review

Enjoy the broking house services and offer to become the Affluence Shares Sub Broker by knowing every other detail of the company and its program. The Affluence Shares Franchise model is indeed a great business investment option you can opt for, read the insights further.

Top Business Model Sub Broker
Revenue Sharing 60% – 80%
Security Deposit Rs.50,000 – Rs.150,000
Become Sub Broker in 26 Days
Receive Payout in 33 Days
Founder Dhiren Mahendrkumar Shah
Established Year 2000

Securing a place for itself in the industry, the Affluence Shares broking house has come a long way. The offers they provide are oriented to the business partners and the brokerage charges are as well customer oriented. Check out the numerical representation for yourself.

Franchise Review

Affluence Shares Franchise – Customer Ratings

Lean over to the Affluence Shares Sub Broker and clients rating, where the kind of experience they encountered can be assumed and future performance can be predicted.

Customer Ratings
Experience 2.5/5
Services 2.4/5
Products 2.6/5
Trading Platforms 2.4/5
Support 2.6/5
Revenue Sharing Model 2.4/5
Security Deposit 2.3/5
Offers 2.6/5
Market Share 2.3/5
Overall Ratings 2.4/5
Star Ratings ★★★☆☆

Let us see the overall Affluence Shares Customer Rating, as that would sum up the broker house’s performance as a whole. It is a 2.4 rating which is around average, and if the management enhances, it would cross the threshold of average.

Overview of Affluence Shares Franchise / Sub Broker

One of the franchise business opportunities provided in the stock broking industry is the Affluence Shares Franchise. The company which offers this service is a private establishment founded by Dhiren Mahendrkumar Shah and is headquartered in Daman.

Affluence Shares Overview
Company Type Private
Broker type Full Service Broker
Headquarters Daman
Founder Dhiren Mahendrkumar Shah
Established Year 2000
SB Code Activation Time 26 Days
Payout Time 33 Days

Finally, the sub-brokers who apply for the company will be provided a Sub-Broker Code Activation Time of 26 days, which will be followed by a Payout Time of 33 days. This company is a full-service broker, where one can expect to find kind of financial solutions.

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    Affluence Shares Sub Broker – Business Models

    The business models of the firm Affluence Shares is constructed keeping in view the betterment of the entities and the individual account holders as well. The models are a great opportunity for all of them to find a way to earn some additional returns.

    Business Models
    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program Yes

    Two kinds of business models are provided by this broking house. First is the Affluence Shares Sub Broker Business Model, and second is rather a referral program.

    Affluence Shares Sub Broker / Authorised Person Model

    Sub-broker is indicated toward small firms which are in search of a franchise to invest in. The rightful way of dealing in the Affluence Shares trademark will be provided to the sub brokers, with a revenue option at the end.

    Affluence Shares Referral program Model

    It is indicated towards the individual account holders, who can contribute some clients to the company, by referring them. The return would be a commission of a fixed amount.

    Affluence Shares Sub broker Commission / Revenue Sharing

    The rightful way of making a profit will be through the designated Affluence Shares Franchise Revenue Sharing Model as described below, in the table.

    Revenue Sharing
    Master Franchise NA
    Sub Broker 60% – 80%
    Remisier NA
    Referral Program Rs.1,500 per Refer

    Moving on to the revenue entitlements, an account holder enrolled in the referral program will be able to earn of profit of Rs.1,500 per Refer. The revenue entitlement for the sub-broker is however in a range of percentages. The percentage ranges between 60% – 80%.

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    Affluence Shares Franchise Cost / Security Deposit

    Affluence Shares Franchise Cost is the security deposit required to be made in order to come to an agreement of forming sub brokership. The contract has a norm of payment and it goes as follows, for both business models.

    Security Deposit
    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.150,000
    Remisier NA
    Referral Program Zero

    Stating the obvious for the referral program, the nature of the program requires absolutely no amount of security deposit at all. On the other front, the sub-brokers will have to make a deposit which varies in between Rs.50,000 – Rs.150,000.

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    Affluence Shares Partner Infrastructure Requirement

    Some requirements are necessary to commence the franchise business, so, let us begin with discussing the Affluence Shares Infrastructure Requirement. Following would be some other set of requirements mentioned in the same table.

    Infrastructure Requirement
    Office Area Not Mandatory
    Employee Strength Not Mandatory
    Research Services Yes
    Internet Connection No
    Trading Terminals Yes
    Telephone Lines No

    Availing the referral program does not need any requirement, however, if the sub-brokership is availed, the requirements start with research services and trading terminals. The office area and employee strength are not mandatory for this firm.

    Affluence Shares Sub Broker Offers

    Sub brokers are assets for the company, as a lot of dealing would be done through them. Hence, there are some Affluence Shares Sub Broker Offers provided in order to encourage the respective sub-brokers.

    Zero Deposit No
    10k Initial Deposit No
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing No
    Zero Revenue Sharing with Prepaid No

    Since, the referral program is not actually a program, and is filled with full benefits for the account holders. It is excluded from the offers list. The mere offer provided is of flexible revenue-sharing models, where any amount from the given range can be provided.

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    Affluence Shares Franchise Support

    Support never goes out of the success’s way, and this company tries its best to support the sub-brokers, who wish to work for them. Similarly, the Affluence Shares Franchise Support services are as follows.

    Marketing Support Yes
    Back-Office Support Yes
    Trading Support No
    Advisory Support No
    Dealing Training Yes
    Acquisition Training No
    Product Training No

    There are many kinds of support options the company could have provided, but it choose to provide only 3 of them. These three are, however, the most important aspects and would significantly contribute to the sub-brokers. They are marketing, back office and lastly dealing training.

    Affluence Shares Authorised Person – Brokerage Charges to Clients

    Go for a single asset class or a bunch of asset classes and invest in them. You will have to pay Affluence Shares Brokerage Charges on all of them, irrespective of the number of investment options you went for. Here are the charges for all the asset classes.

    Brokerage Charges to Clients
    Equity Delivery 0.25%
    Equity Intraday 0.02%
    Equity Futures 0.02%
    Equity Options Rs.10 per Lot
    Currency Futures 0.03%
    Currency Options Rs.10 per Lot
    Commodity 0.04%

    The asset classes which have a similar set of charges are Equity Options and Currency Options charge Rs.10 per Lot. Other couples of similar charges assets are Equity Intraday and Equity Futures of 0.02%. The remaining charges are Equity Delivery at 0.25%, currency futures at 0.03%, and commodity at 0.04%.

    Affluence Shares Partner – Account Opening Charges to Clients

    Opening an account with this broker house is quite feasible as the technical assistance of the company is remarkable and also the Affluence Shares Account Opening Charges are economic. Also, the average money to maintain the account is only Rs.1,000, an all-time low.

    Account Opening Charges to Clients
    Demat AMC Percentage of Transaction
    Trading AMC Rs.399 per Annum
    Account Opening Charges Rs.250
    Transaction Charges 0.00250%
    Margin Money Minimum Rs.1,000

    Open an account with a small payment of Rs.250. the further charge obligation will turn to the AMC, where the demat AMC is Percentage of Transaction and trading AMC is Rs.399 per Annum. Further, the transaction charge imposed will be at the rate of 0.00250%.

    Benefits of Affluence Shares Partner Program

    Read on the following pointers, to have a quick idea of how you shall be benefited if you choose to open an account with the company or on the contrary opt for the sub-broker business model.

    • Support services provided by the company facilitate the quick execution of some quality trade and operations.
    • Customers would be quite happy to find the company actually imposes a lesser percentage of brokerage charges on them as compared to some other reputed broking houses.
    • The referral program is a source of additional income for the account holders, without any investment required.
    • A flexible revenue-sharing model provides the opportunity of investing more with the company and also by if the sub-brokers are low on capital.

    Become a Sub Broker with Affluence Shares – Just Fill up the form

      Become a Sub Broker
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