Motilal Oswal Financial Services to Strengthen Eastern Region of India, plans to add 354 new business partners by March 2025
With an aim to expand its footprint in the East, Motilal Oswal Wealth Management announced that it will be adding 354 new business partners by March 2025. Currently, the brand has 745 active business partners in the east, and adding new partners will elevate the reach further. These 354 business partners will get access to MOFSL's innovative tools, synergies, and expertise, as well as its diverse research capabilities. Partners will also be able to use the MOFSL trading platform to trade equity, currency, and commodities.
The company has recently launched a campaign named 'Man from Motilal Oswal' to educate investors on the three R's of investing: research, research, and research. Motilal Oswal Financial Services recently announced the launch of their "Wealth-line" number, 92345 92345, which, is a dedicated helpline for investors across India. "Wealth-line" serves as a one-stop shop for customers to get their questions answered before embarking on their investing journeys. This project highlights Motilal Oswal's dedication to providing its clients with comprehensive investment advice.
Mr. Ajay Menon, MD & CEO – Wealth Management, Motilal Oswal Financial Services Ltd said, “For businesses, partnering with Motilal Oswal offers an appealing alternative. The partnership allows them to compete with industry heavyweights thanks to our solid research, solid relationships, technological prowess, and overall product suite of wealth products. In addition to strengthening Motilal Oswal's position as an industry leader and enabling regional players to improve their business proposition and client service, this partnership fosters a dynamic atmosphere of growth and innovation.”
Mr. Gaurav Manihar, Director, Head—Business Alliances, Wealth Management, MOFSL, said, "At Motilal Oswal, we believe collaboration is the path to success. By partnering with local brokerage firms, we ensure them access to our technology and extensive research, empowering our partners to stay ahead and seize new opportunities in this dynamic market. And we get the desired reach these local players have. Together, we can pave the way for a prosperous future where the ambitions of all stakeholders are fulfilled.”
West Bengal and the overall east region continue to be one of the most significant markets for MOFSL. With a remarkable 10.38% share of total revenue in the region in the last 12-month, West Bengal takes the top spot in the by 75.0 % East region for MOFSL, followed by Odisha at 5.8%, Jharkhand at 9.1%, and Bihar at 2.7%. The goal of the partnership is to educate the investor with research-backed insights to enable them to make the right investment
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