Name Address Website Phone Email

NJ India

BLOCK NO.901 & 902, 6TH FLOOR, 'B' TOWER, UDHNA UDYOG NAGAR SANGH COMMERCIAL COMPLEX, CENTRAL ROAD NO. 10, UDHNA, SURAT - 394210 GUJARAT.

http://www.njwealth.in

0261-3985901

njwealth@njgroup.in

Prudent Corporate

"Prudent House", Panjrapole Cross Road, Nr. Polytechnic, Ambawadi, Ahmedabad - 380 015 Gujarat.

https://www.prudentcorporate.com

079-40209600

info@prudentcorporate.com

Karvy

Plot No 31 & 32 | Financial District Nanakramguda Gachibowli, Hyderabad - 500 032. Telangana, India.

https://www.karvy.com

+91-40-67162222/ 33211000

 

JM

Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai: 400 025

http://www.jmfinancialmf.com/

(022) 6198 77 77

amcdistributor@jmfl.com

Bajaj Capital

5th Floor,97,Bajaj House,Nehru Place, New Delhi -110019

https://www.bajajcapital.com/

011- 67000000

info@bajajcapital.com

ICICI Securities

ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400 020. India.

http://www.icicisecurities.com

022-2288 2460/70

equity.settlements@icicisecurities.com

 

Should I work directly with AMCs or through a National Distributor

It depends on your preference, understanding of this business and capability of initial investment required in setting up this business.

Advantages when you work with National Distributor

You get access to fantastic software & ready online platform.
You get excellent backend support.
You can focus on client acquisition from day 1.
You get dedicated relationship manager who supports and motivate you.
Low/Nil setup cost.

Concerns when you work with National Distributor

You may get a little lower comission (because of ready access to software & support).
You may not get personal branding of working on your own ARN.
On comission disclosure statements to clients, figures will be higher.

Advantages when you work directly with AMCs

Better personal branding of working on own ARN.
Potential of higher comission (but costs will also be higher).

Concerns when you work directly with AMCs

High initial cost of setting up business (softwares, employees, etc).
You may take more time to understand the know how of business.