How much can an Authorised Person earn?

The dictionary definition of a broker is “a person who buys and sells goods and assets for others”, in return for which he commands a fee or charge, which is called “brokerage”. In India, investors can buy and sell shares or similar investment products through Angel One. Angel One appoints sub-brokers, who are paid a commission for each transaction their clients make. This commission is what acts as a primary source of income.

How much an Authorised Person earns, therefore, depends on two things: one, the amount in percentage shared by the broker, and two, the number of clients he or she can attract. Therefore, income will depend mainly on his or her abilities.

Let’s look at the various factors that affect how much an Authorised Person earns:

• Choosing the right broker: Since income will depend on commissions, it’s essential to choose the right broker. Angel One, offers generous commissions.
• Support and infrastructure: Another factor that affects sub-broker earnings is the kind of infrastructure and facilities that a broker provides. It’s hard to acquire clients without marketing, technology, and other support, thus impacting income. Angel One offers excellent infrastructure and support to its investors, including a tech interface with features like digital marketing, lead management system and business dashboard. There’s also a comprehensive training for sub-brokers so that they can hone their skills.
• Knowledge: When you ask the question: how much does an Authorised Person earn in India? There’s one crucial factor that contributes a lot to it, and that is knowledge. However, he or she must know everything there is to know about stocks so that they’re in a position to advise clients on the right shares to buy. Sub-brokers also need to know a bit about the economy and track global financial and geo-political events since these also affect stock prices.
• Costs: How much an Authorised Person earns also depends on the costs involved. There are two types of expenses–capital costs and working expenses. There are some fixed, one-time costs like the deposit parked with the broker and registration charges. Then there are charges paid on setting up offices, computers, phone lines and so on. Working expenses include rent on the offices, salaries to staff, telephone bills and so on. With Angel One you can start you business from anywhere with zero office costs.
• Products offered by the broker: Another factor to consider while choosing a broker is the kind of products he/they offer(s). If the broker offers a wide range of products to suit varying investor needs, the Authorised Person can attract more clients, and thus boost his earnings. Angel One provides a wide range of products to meet different investment needs, including equity, derivatives, commodities, currency, wealth management, personal finance, and so on.