The role of stock brokers has evolved in a big way over the last few years. Now brokers are not just here to buy or sell stocks on behalf of their clients.
They play a bigger role in helping an investor wade through the whole investment process, advice on stocks to help client to invest in alternative assets; and subscribing to IPOs and mutual funds schemes. Besides all these, emotional support and handholding has become the key aspect of new age broking houses.
Buying & Selling stocks is the primary function of a broker. Brokers act as an intermediary for their clients to transact on a stock exchange. He buys and sells stocks for individuals who have signed up with him as clients. With the onset of on-line trading facilities investors could directly execute trades on the trading platform offered by the brokerage house.
Most of the broking houses have set up in-house research team that scans companies and stocks as well as analyse the macro-economic scenario that impacts the stock market. With the inputs from the research team, brokerage house puts buy or sell recommendation on stocks.
Most broking houses assign a relationship manager to interact with the client who would act as an advisor. Relationship managers advise their clients about when to make transactions and guide them about what to look for in the market dealings.
Apart from investing in stocks, brokers also help you to invest in other assets classes like commodities, gold ETFs and mutual fund products. They also help you to invest in initial public offerings (IPO) of companies.
Multigain®, a leading broking house of India, has ethical and socially responsible values into investing and their advisory.
Known for its transparent and ethical business practices, the company has established a firm footing in the market operating as a well-known Insurance & Mutual Fund Distributor, having its Head office in Moradabad and corporate office in New Delhi, with hundreds of employees, Franchisees & Advisors across PAN India.
The firm houses integrated financial services that covers all major domains such as financial planning, wealth management, stock broking, currency & commodity broking, depository services & third-party product distribution.
A leading investment products & Services Company with its broad spectrum of solutions that envelops protection (Life &Non-Life), Savings, Investments, Trading and Treasury Management.
The firm aims to address diversified financial needs of varied classes of investors such as individuals, NRI's, Corporate, Institutions, and Trusts. For the benefit of its clients, the company has channelized the delivery of its services into two pillars namely Direct Clients and Distribution Channel.
Direct Clients envelops need based financial planning coupled with educative information in Conventional services, while Distribution Channel includes specialized, convenient, integrated & customizable services for clients, the company has successfully delivered value creating wealth for thousands of clients including leading Exporters, CA Firms, Government Employees, Doctors, Advocates and more.
Lack of awareness in people with regard to financial products & services inspired Khalid Ali, who was then an LIC agent, to establish MULTIGAIN ® in 1994 at Moradabad (UP) as a proprietary firm dealing in various kinds of third-party products like Life Insurance, General Insurance, Mutual Fund, Bonds, New Issues (IPO), Tax Saving Bonds, RBI Bonds and more.
In a short span of time, the company positioned itself as a Leading Distributor in Market having maintained honesty and transparency in business practices.
With increasing number of investors, the company achieved a steady growth and expanded the scope of its services establishing itself in various financial fields from Equity to Commodities and Currencies; and from Financial Advisory to mutual Fund, PMS, Real Estate services, Loans & Wealth Management.
Chasing a great vision, Multigain has now become a hub of financial services where everybody has solution for the financial needs. These financial services are classified into Broking & Distribution Services and Wealth Management services.
Broking & Distribution encompasses key functions namely Secondary Market Solutions: Cash & Derivatives, Currency Derivatives, Commodities: Spot & Derivatives, Depository Services, Insurance Repository Services, Mutual Fund, Portfolio Management Services, Bonds, Insurance solution: Life & General, Real Estate Services, A.I.F. – Alternate Investment Fund, Home Loan, IPO, Online Trading and Mobile Trading,
Wealth management Services are dedicated to diagnose clients' financial needs and are dispensed through various sections in K- Series: K – Protector for Safety & liquidity; K – Builder for Beating Inflation; K – Enhancer (Growth for Goal), K – Magnifier for High Gains and Risk Calculation; K – Retirement for Income after retirement & K – Kids for Child's future.
There are several factors that enable the firm to edge past over others:
One Stop shop for all financial needs of diversified classes
An integrated platform for Fast & Easy to use Online Trading, Mutual Fund, Research & Back Office
One of the fastest growing networks with a dedicated and experienced team
Value Added Services such as Mobile trading, K-Easy & K-wealth Mall
Customized Solutions
Emphasis on educating investors about financial landscape
Focus on maintaining highest standards of excellence and professionalism
With an aspiration to achieve the status of a reputed Financial Services Group inspiring people around the globe to achieve their financial goals, Multigain has won several landmarks that have empowered to leave indelible footprints on the landscape of financial services in India, especially in North India.
The company's list of achievements is adorned with many 'Firsts' that are evidence of its remarkable efforts towards achieving excellence in its services towards benefiting more and more people. Not only that, the company has been recognized as the first stock broker in India to get RBI approval through ATOM for the co-branded prepaid card or plastic money.
Multigain will mainly focus on "DIGITALIZATION", App based services and Professional services like Aadhar, PAN, GST, and Professional Taxation, etc.
Khalid Ali is the Founder, Promoter and Managing Director of the Multigain Group. Having gained rich expertise in financial services, Ali established the reputation of Multigain group as a trusted and reliable business group known for its ethical and transparent practices.
He is many times MDRT qualifier, and he is also the Club Member of L.I.C. of India and is a Top achiever in Life Insurance in North India and has been in Top 30 in all India. He is CLIA of LIC of India and also has premium point of LIC.
He is a Gold Medallist Agent of L.I.C. of India, U.T.I. & ICICI Prudential Mutual fund and leading performance achiever in all areas of working. Under the guidance and supervision of Khalid Ali, Multigain is a Platinum Member of Reliance MF, Birla MF and Chairman Circle Member of ICICI Prudential MF, MD Club of Tata Mutual Fund & Club Member HDFC Mutual Fund, etc.
Multigain is one of the leading Mutual Fund Distribution & Advisory Company in North India and held several important and critical positions like Top 50 Advisor all over India.
He incorporated Multigain Financial Consultant Pvt. Ltd. in 2004 and also established four more companies 2008 onwards which are Multigain Commodities Services Pvt. Ltd., Multigain Securities Services Pvt. Ltd, Multigain Shariah Investment Services Pvt. Ltd. and Multigain Professional Services Pvt. Ltd.,
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