Partner Account. Multiple Benefits.
1 +Authorized Person & franchises
1 M+Unique Customers
1+Cities Across India
1+Seminars Held
Why Partner with us?
Make the wise choice of business with SMC as your partner.
Regular training programs
Multiple product offerings
Award-winning, trusted brand
Dedicated activation & re-activation desk
Best in industry marketing support
Technology support
Research support
Investor awareness seminars
Key benefits of being an SMC partner
Regular Training Program
Multiple Products Offerings
Award Winning & Trusted Brand
Dedicated Re-activation Desk
World Class Marketing Support
Technology Support
Investor Awareness Seminars
Research Support
Who can partner with us?
Finance Enthusiasts
Passionate about finance and the stock market, you find joy in helping others navigate investment choices.
Digital Influencers
You thrive as a digital trendsetter, dominating the social media landscape. A substantial following eagerly consume the content you create and share.
Self-driven minds
When your motto is “I’m responsible for myself”, you are ready to take this road and make things happen through your dedicated drive.
Finance enthusiast
Your interest lies in finance and the stock market. You take great pleasure in guiding others with investment options.
How to become a Authorized Person?
Drop your enquiry
Get a call from our helpdesk
Provide your documents as per the checklist
Submit the cheque for the registration amount
Your Partner code will be generated
Stay Ahead with Innovative tools
Advanced Mobile Trading App
Open an account in 15 minutes
Invest online in 15 minutes
Easy to use back office application for SMC partners
Excellence. Awarded.
Frequently Asked Questions
A Authorized Person is an individual who works on behalf of a stock broker. Authorized Person promote and sell the services of a particular stock broker they are affiliated with to interested customers and clients. So, Authorized Person will not have unique services but will connect customers to the stock broker. They will help customers with paperwork, and payment, and in reverse, they will get a fixed commission from the stock broker.
To start a Authorized Person business, you must partner with a SEBI-registered stock brokerage company. You have to submit the required documents like identity proof and educational certificates. Then you will get your Authorized Person code and initiate the business after making the required initial payments.
To become an SMC Authorized Person, you must be at least 18 years of age. Mentioned below is the list of documents and infrastructure requirements for becoming a Authorized Person.
Documents Required
- Pan Card
- Aadhar Card
- Educational proof (minimum intermediate)
- Residential address proof
- Office address proof (electricity bill, phone bill-BSNL or MTNL, bank statement)
- Four photographs
- CA reference letter
- Name affidavit in case of any kind of mismatch in name on a Rs. 10 stamp paper
Infrastructure Required
- Min. 250-500sq feet of office space preferably in a prime location.
- Telephone line with voice logger.
- Workstation with VSAT/broadBand
- Network connectivity required to set up a trading terminal back office
The Authorized Person commission might be between 40% and 80% of the total business transaction amount. Moreover, the commission rate can be high if you sell more products to your customers.
SMC has an impressive track record of more than 20Lac+ clients and experience of more than 30 years in the financial sector. So, you can expect multiple benefits by partnering with them. The benefits of working with SMC are
Exposure to multiple investment products like Equity and Derivatives, Mutual Funds, Commodity/Currency broking, Insurance, Retail loans, Portfolio Management Services, etc.–
- Exposure to multiple investment products like Equity and Derivatives, Mutual Funds, Commodity/Currency broking, Insurance, Retail loans, Portfolio Management Services etc.
- Marketing assistance and professional training
- Cutting-edge software for tracking payouts and clients