IIFL Securities, India’s leading distribution and broking firm, has launched a unique product Advisory Anytime Anywhere (AAA) – a tablet which allows youngsters to start their own business at no fixed cost.
Those who would like to start a financial advisory business, but are deterred by the entry barriers of manpower, office space, SEBI registration, research inputs and even confidentiality can avail this opportunity.
IIFL Securities aims at creating 1 lakh entrepreneurs and 5 lakh jobs through ‘AAA – Advisor Anytime Anywhere’. IIFL’s new product is designed to offer a completely mobile and convenient advisory solution that will facilitate individuals to evolve into financial services professionals.
IIFL’s mobile-based advisory solution is a full-fledged office with front and back-office capabilities. ‘AAA’ will aid in paperless onboarding of new customers using Aadhaar-based e-KYC and handling all customer service related matters such as account statement, ledger, password change or any queries that customers can have, in the easiest possible manner. The partner can examine his entire performance right from revenue generated, list of inactive clients, SIP generated and much more, through the unique monitor feature.
The ‘Trader Terminal’ trading platform has lightning-fast executing capabilities with many tools for the trader. It will allow a seamless transaction in Equity and Mutual Funds. Additionally, Insurance and other financial products including Portfolio Management Services, Structured products, National Pension Scheme can also be offered to customers anytime and anywhere.
Amongst the various unique features, the tablet will allow business partners to view customer’s real-time positions and execute the trade on their behalf, access IIFL’s research on all sectors and economy, get real-time news and market updates, and use features of technical charts and tools. IIFLhas high quality fundamental and technical research on over 500 stocks, the highest in the industry.
The flexibility and advanced technology platform of the mobile solution can enable business partners to generate multifold returns with a one-time investment of just Rs 25,000 and free trial opportunity for three months.
Chintan Modi, Director, IIFL Securities said “We want more financial advisors to join us and help investors with their wealth creation journey. AAA is the only proper tab based partner product is the first of its kind in India. Through its compelling price-value proposition, we aim for a significant positive impact in the financial services sector by creating a strong base of knowledgeable financial professionals across the country.”
IIFL business partners can also benefit from specialised educative tutorials of IIFL Academy, which will allow new learners to upgrade their knowledge of the financial markets and confidently move forward into business ownership.IIFL Academy will provide easy access to a diverse suite of learning topics ranging from technical and fundamental analysis, financial planning and wealth management.
IIFL Securities is present in 2,500 locations across 500 cities and is ranked as a top securities trading firm in the Fortune 500 India list.