Goodwill Wealth Management Franchise can be started with a security deposit of Rs. 50000. The Goodwill Wealth Management sub-brokers will be entitled to receive 50% against this security deposit.
The sub-brokers can increase the deposit up to Rs. 1 lakh as well for which they will be entitled to receive a whopping 70% of the revenue as the highest portion.
The firm was founded by Gandhimathi Baskaran in the year 2008 for providing all kinds of investment services to investors in Chennai and other parts of the country.
The headquarter is in this city of Tamil Nadu and its franchises are spread across the city and state and other cities as well. The firm takes 30 days only to activate your sub-brokers code and pays within every 31 days.
|Goodwill Wealth Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.100,000|
|Revenue Sharing||50% – 70%|
|Payout Time||31 Days|
|SB Code Activation Time||30 Days|
What do you know about Goodwill Wealth Franchise?
|Goodwill Wealth Business Partner Overview|
|Here is the overview of Goodwill Wealth Franchise|
|What type of Company is it? – Public / Private||Private|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Chennai, Tamil Nadu|
|Who is the Founder?||GANDHIMATHI BASKARAN|
|What is the year of establishment?||2008|
|How many days does it take for SB Code Activation?||30 Days|
|How many days/weeks it takes for Payout?||31 Days|
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What are the various Business Models that Goodwill Wealth Sub Broker Program provides?
|Goodwill Wealth Franchise Business Models|
|Know about various Business Models of Goodwill Wealth|
|Is the Sub Broker business model available?||Yes|
|Do they provide Referral Program?||No|
|Do they provide Master Franchise Model?||No|
|Does this broker provide Partner / Remisier model?||Yes|
How does a Goodwill Wealth Sub Broker Revenue Sharing works?
|Goodwill Wealth Sub Broker Revenue Sharing|
|Find the details of Goodwill Wealth Sub Broker Commission for all Business Models|
|What is the revenue sharing for Sub Broker program?||50% – 70%|
|Do they provide revenue sharing or direct pay for Referral Program?||NA|
|How much is the revenue sharing Master Franchise business?||NA|
|How much is the revenue sharing required for Partner / Remisier model?||20%|
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What is the Goodwill Wealth Business Partner Security Deposit requirement?
|Goodwill Wealth Franchise Security Deposit|
|Check the Goodwill Wealth Franchise cost requirement for each business model|
|How much is security deposit required for Sub Broker Program?||Rs.50,000 – Rs.100,000|
|Is there any security deposit required for Referral Program?||NA|
|What is the initial investment required for Master Franchise Model?||NA|
|What is the deposit required for Partner / Remisier Model?||Rs.1,000|
What are the various Offers rolled out by Goodwill Wealth Authorised Person Program?
|Goodwill Wealth Sub Broker Offers|
|Here is the list of Goodwill Wealth Franchise offers available to the clients|
|Do they provide Flexible Revenue Sharing offer?||Yes|
|Are they providing Flat Revenue Sharing offer?||No|
|Do they offer Zero Revenue Sharing model with Prepaid payment?||No|
|Do they provide Zero Deposit scheme?||Yes|
|Are they offering 10k Initial Deposit scheme?||No|
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What are the various Supports provided to Goodwill Wealth Business Partner?
|Goodwill Wealth Business Partner Support|
|Here are the various Support Goodwill Wealth Franchise needs to provide to their clients|
|Do they provide Acquisition Training to their associates?||No|
|Do they provide Training for Dealers of their sub brokers?||Yes|
|Are they providing Product Training for their business partners?||Yes|
|Do they provide Back-Office Support for their authorised person?||Yes|
|Are they providing Trading Support to their business partners?||Yes|
|Are they sharing Advisory Support with their partners?||Yes|
|Does the broking house provide Marketing Support to their sub brokers?||Yes|
Which is the Infrastructure required for Goodwill Wealth Sub Broker Program?
|Goodwill Wealth Partner Infrastructure Requirement|
|Find the various Infra required to take up Goodwill Wealth Franchise|
|What is the Employee Strength needed to start this franchise?||Minimum 1|
|Do the Sub Broker needs to provide Trading Terminals?||No|
|Is the Internet Connection mandatory to take up franchise?||Yes|
|Are Telephone Lines mandatory for Business Partners?||No|
|Is it mandatory to provide Research Services by Sub Broker?||Yes|
|How much is the size of Office Area required to become a Sub Broker?||Minimum 125 Sq Ft|
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Goodwill Wealth Partners?
|Goodwill Wealth Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Goodwill Wealth Sub Broker to their clients|
|What are Equity Intraday charges?||0.01% – 0.02%|
|How much are Equity Delivery charges?||0.1% – 0.2%|
|How much is the charge levied on Equity Options?||Rs.10 – Rs.20 per Lot|
|How much are the Currency Options charges?||Rs.7 – Rs.10 per Lot|
|What are Equity Futures charges?||0.01% – 0.02%|
|What are the charges levied on Currency Futures?||0.01% – 0.02%|
|What are the charges levied on Commodity Trading?||0.01% – 0.02%|
What are the Account Opening Charges Levied to the clients of Goodwill Wealth Sub Broker?
|Goodwill Wealth Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Goodwill Wealth Franchise to their clients|
|What are the Account Opening Charges?||Zero|
|What is the Margin Money required?||Zero Margin|
|What is the charge for Demat AMC?||Rs.333 per Annum|
|how much are Trading AMC charges?||Rs.230 per Annum|
|How much is the Transaction Charges levied?||0.00%|
What is the Customer Ratings of the Goodwill Wealth Authorised Person Program?
|Goodwill Wealth Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Goodwill Wealth|
|According to Revenue Sharing Model of the Franchisor||2.5 / 5|
|Ratings as per Security Deposit provided by the company||2.2 / 5|
|As per Experience in the Sub Broker Business||2.4 / 5|
|As per Offers provided by the Broking Franchise||2.4 / 5|
|Ratings as per Mobile Trading App & Trading Platforms||2.2 / 5|
|Overall Ratings of the Sub Broker Franchise||2.4 / 5|
Goodwill Wealth Franchise Conclusion
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