Find Your Franchise

Founded in 1986, the JM Financial Franchise offers great partnership offerings in the stockbroking arena.

The Franchise is also known to be one of the best full-service broking and the largest stock broker nationwide.

Being headquartered in Mumbai, the company is managed by Nimesh Kampani. The Franchise offers a great platform for national trading and serves as a broker for a huge clientele throughout the country.

Being a JM Financial Partner requires approximately 20 days for activation, and it will take approximately 40 days to clear the dues and process the order for the business.

JM Financial Franchise Business Opportunity - Snapshot

Line of Business

Sub Broker

Unit / Shop Area

200 - 300 sq.ft.

Commission% / Revenue Sharing

60% - 70%

Total Investment

Rs.1 Lakh Rs.2 Lakhs

ROI Timeframe

3 Month

JM Financial Sub Broker or Franchise Review & Ratings

Revenue Sharing

3.95 / 5

Franchise Fee & Infra Investment

3.89 / 5

Support & Training

3.77 / 5

ROI Timeframe

3.83 / 5

Brand Value

3.81 / 5

Overll Ratings

3.85 / 5

Star Ratings

Overview of JM Financial Sub Broker Franchise


Finance & Money

Line of Business

Sub Broker

Organization Type


Head Office



Nimesh Kampani

Founded In (year)


No. of Franchise Outlets


Master Franchise Model


Franchise Tenure


Franchise Location

All over India

Business Set-Up Time

1 Month

Franchise Commencement Year


JM Financial franchise has been one of the franchises in the market for decades. People believe in their brand name and hope they will have a great future.

The partner and sub-broker business models of JM Franchise are quite famous and have received many accolades.

They have more than 1300 outlets nationwide, and it takes a month to set up the Franchise. The user is free to choose the franchise location all over the country.

Once you have enrolled for the dealership, you can have the Franchise for a lifetime. Working with a brand name like JM Financial, and have been known for their credibility throughout their work.

JM Financial Franchise – Business Models

Here are 3 major business models of JM Financial Franchise.

Business Models Revenue Sharing
Sub Broker 60% – 70%
Partner Flat 40%

JM Financial Sub Broker Model

The sub-broker model with JM Financial is one of the best in the industry and works on a revenue-sharing model.

JM Financial offers 60-70% of the revenue sharing with the partners. However, it can be increased as per the performance of the broker.

Based on their experience, the initial percentage is quite negotiable, but a consistent performance can help push the revenue sharing percentage at a good amount.

You can also have a look at the JM Financial partner model if you want to go ahead with less risk.

If you are looking forward to making your career as a sub-broker, then do know that JM Financial offers a rewarding career with a good monthly income for its sub-brokers.

JM Financial Partner Model

JM Financial offers the partners a flat 40% of the revenue sharing. It is quite a reasonable percentage of revenue that is being shared with the partners.

The partner model with JM Financial allows users to bring clients for the Franchise, showcase their products, and then sell them at the end.

Partners can earn handsome income by selling franchise products and creating a fortune for themselves.

JM Financial sub-broker allows you to explore many opportunities in the finance industry.

The Franchise takes care of all the due support for the partner and assists them at every step. JM Financial is one of the premium brands for partners who are looking for a stable income.

JM Financial Referral Program

The refer and earn model does not exist with JM Financial. They provide a sub-broker and partner model for those reaching out for the Franchise.

But if you are looking for a JM Financial refer and earn model, you will not find any option with them.

To earn a great income, you can explore other business models with the JM franchise to help yourself.

JM Financial Franchise Investment & Fees

Sub Broker Franchise Fee

Rs.50,000 Rs.1 Lakh

Partner Fees


Infrastructure Investment

Rs.50,000 Rs.1 Lakh

For the sub-broker model with JM Financial, the franchise fee can range from 50,000-1,00,000 INR, and in the master Franchise plan, the same range can go up to 2,50,000 INR.

The JM Financial costs can be considered reasonable as you can start your own business with these fees. The initial investment with the partner is just 5,000 INR.

Apart from paying the initial fee, setting up the Franchise is relatively easy as it requires paying for the infrastructure cost.

Although if you have your own space, it is great, if you are renting it or buying it out, it can incur expenses.

JM Franchise fees are negotiable if you have a huge client base already working in this domain. Then you can settle easily by paying less to the broker.

JM Financial Sub Broker Commission / Revenue Sharing / Royalty

Sub Broker Commission

60% - 70%

Stock Broker Commission

30% - 40%

Partner Commission

Flat 40%

Stock Broker Commission

Flat 60%

The sub-broker commission with JM Financial ranges from 60-70%.

The JM Financial commission is received by the sub0-broker for every client he is acquiring and selling the products or services of the Franchise.

It is a good way to promote the brand and earn a great income. The Franchise takes care of all the training parts for the sub-broker so that they can full-fledged run their businesses.

Apart from the training provided in the initial days, the Franchise is actively involved with routine webinars, meetings, and seminars to motivate the sub-broker to earn a high income.

The JM Financial sub-broker commission is negotiable, too, so you don’t need to worry if your starting income is not great, as you can increase it in the following years by performing well.

JM Financial Business Partner ROI Details

In Months

3 Month

The return on investment with the JM Financial business can be received in three months. JM Financial sub-broker returns are quite lucrative due to high slabs as compared to the partners.

Getting through your investments in just three months poses a great opportunity for all the business partners with JM Financials.

Depending on the company’s guidelines, you can start withdrawing your money in a month.

As the policies keep changing, try speaking to the back office team of the brokers to know about the withdrawals.

JM Financial Sub Broker Profits & Expenses

Monthly Revenue
No. of Active Clients 175
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.30%
Trading Days in 1 Month 2
Total Brokerage Revenue 1,96,875
Sub Broker’s Share (70%) 1,37,813
Monthly Expenses
Office Rent (Co-working Space) 15,000
1 Telecaller Cost 14,000
1 Dealer Cost 18,000
Misc. Expenses 5,000
Total Cost 52,000
Monthly Profit
(Revenue – Expenses) 85,813
Profit Margin 44%

JM Financial sub-broker profits pose a great opportunity for them to earn a great profit from their business.

The revenue sharing with the sub-brokers is 60-70%, but their expenses are also quite high. Maintaining a full-fledged office with staff sometimes can make the profit a bit low.

You need to keep a close check on your bookkeeping so that you know how much you are making for the efforts you are putting in.

JM Finance Partner Profits & Expenses

Monthly Revenue
No. of Active Clients 175
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.30%
Trading Days in 1 Month 2
Total Brokerage Revenue 1,96,875
Partner’s Share (40%) 78,750
Monthly Expenses
1 Telecaller Cost 15,000
Misc. Expenses 5,000
Total Cost 20,000
Monthly Profit
(Revenue – Expenses) 58,750
Profit Margin 30%

JM Financial partner profits keep on changing from time to time. To calculate a partner’s profit, you need to deduct expenses from the total revenue earned with the broker, and here is your profit.

The percentage of profit received differs, so you should know about it. Never calculate your profit based on the revenue.

Although the routine expenses with the partner are minimal, keeping them in check can increase your profit.

Master Franchise of JM Financial - Information

Franchise Fee


Infrastructure Investment


Commission% / Revenue Sharing


JM Financial Franchise Infrastructure Requirement

Shop / Unit Area

200 - 300 sq.ft.

Employee Strength

Minimum 2

Research / Advisory


Trading Terminals Set-up


Telephone Lines


Computer / Internet Connectivity




CCTV Set-up


Having a JM Financial franchise requires you to have a great infrastructure in place. The shop size required for setting up your JM Financial franchise ranges from 200-300 sq ft.

The infrastructure investment will depend upon where you have your office. If it is a marketplace, it can be expensive as the business park shops rent quite high.

You can look for a reasonable shop to establish your JM Franchise, especially if you are starting your business today.

Check out Business Opportunities with Similar Brands

Support Provided by JM Financial Partner Program

Service Pricing




Client Interaction Training

Partially Available

Relationship Manager Support

Not Available

Back-Office Support


Trading Support


Advisory Support


Marketing Support

Partially Available

Business Management Software


Website Support

Not Available

Operation Manual


Training Manual


JM Financial provides most of the support to its sub-brokers. The extensive support will help them grow and perform exceptionally well once onboard.

The training support provided by JM Financial is marketing support, trading support, advisory support, management support, etc.

They have tried to cover almost everything to kickstart your career, especially in the initial years of association with JM Financial.

JM Financial sub brokers find the support helpful, especially in the initial days.

Franchise of JM Financial - Marketing Support

Unit Interior & Exterior Ads


Local Advertisement


Digital Marketing


Television Advertisement

Not Available

Prints Advertisement

Not Available


Not Available

A stock broker like JM Financial always takes care of brand-building and marketing efforts at the national level. You only need to stand out locally and spread your word.

JM Financial will only be able to provide partial market support and allow you to figure out on your own which strategy is working for you and which is not.

The broker can help figure out the ads and provide due support to start your business with them as a JM Financial authorized person.

Training provided by JM Financial Sub Brokership

Product Information Training


Dealers Training


Service Training


JM Financial supports its partner’s program by providing training for trading, dealers, and product information.

Their online and offline training programs will help you in imbibing the product knowledge and delivering it effectively to the clients.

The training provided to JM Financial authorized person ranges for the varied products and is updated from time to time.

JM Financial Authorised Person - Products Offered

Equity Trading


Commodity Trading


Currency Trading






Mutual Funds






Demat Services


3 in 1 Acount


IPO Services


Stock Recommendations


Robo Advisory




Exposure or Limit


Mobile App


Web Trading Platform


Trading Terminal


Algo Trading Platform


Basket Trading


The products offered by JM Financial franchises were equity trading, commodity trading, options trading, mutual funds, futures IPO, etc.

If you are a sub-broker working with JM Financial, you can offer trading/Demat account opening services, web trading, and mobile app training services.

The portfolio keeps on updating new products as per their viability. Their research team is quite active in adding new products and services per the clients’ changing needs.

Check out Business Opportunities with Similar Brands

Franchise for JM Financial - Revenue per Customer


0.05% -0.015%


0.5% - 0.15%

Equity Options

Rs.75 - Rs.20 per Lot

Equity Futures

0.05% -0.015%


0.05% -0.015%

Currency options

Rs.75 - Rs.20 per Lot

Currency Futures

0.05% -0.015%

Franchisee Qualification required by JM Financial & Milk Franchise

Age Limit

21 years & above

Business Experience


Academic Qualification

No Restriction

Documents Required to Start JM Financial Sub Broker Program

Franchise Agreement


Proprietor Aadhaar Copy


Proprietor Photo


Proprietor / Business PAN Copy


Business TAN Copy


GST Registration Certificate


Proprietor / Business Address Proof


Unit / Shop Address Proof


NOC of Unit / Shop


JM Financial Sub Broker or Partner Dashboard

Here are JM Financial Franchise Dashboard link.

Sub Broker / Partner Dashboard Link

The JM Financial partner dashboard can be accessed from the official website of the broker and using the login details provided to them.

If you are a first-time user, you must create your id first and then proceed to your dashboard.

The dashboard access is provided to all the partners so they know what they are doing and can log in remotely anytime.

JM Financial Franchise Login

JM Financial can allow you to log in to reach the desired page. You can access JM Financial franchise login via your Pan card, Email, and phone number.

If you are a PMS member, they immediately mention the username and password and reach out to your dashboard. Have a look at their password policy before logging in to the portal.

JM Financial Franchise Benefits

Here is the list of JM Financial franchise benefits you can reap with the broker. They are:

  • Decades of experience
  • The extensive back-office team
  • Multiple services and products to provide to customers.
  • Trading platforms like BNST and ODIN are provided to customers to gain knowledge and look at various opportunities the broker provides.

JM Financial Franchise Drawbacks

Apart from many advantages, the broker has some drawbacks too. Let’s have a look at JM Financial Franchise drawbacks:

  • The initial deposit is heavy.
  • No referral model

JM Financial Partner Program: Conclusion

JM Financial partner program is one of the best to consider if you want to be in the financial service industry. They are a well-known name and have a great offline presence nationwide.

The revenue sharing model for partners with about 40% is quite good as most competitors offer lower slabs, but offering a flat percentage also kills the possibility of further increment.

It is a great company to start your career in the industry.

FAQs on the JM Financial Franchise Business

Here is the list of FAQs related to the JM Financial Affiliate Partner Program.

Does JM have an authorized person?

Yes, JM Financial does have an authorized person, and for exact details on eligibility, you can contact their official website.

How many affiliate partners does JM Financial have?

Of Course, the company has been active for decades; thousands of active affiliate partners are working with them, but the actual numbers are not disclosed.

Who are the JM Financial Referral Agents?

Sorry, JM Financial does not have any referral plan with them. You can check after some time if they have added any of them.

How can I become a JM Financial Associate Partner?

To be a JM Financial Associate partner, you need to be a graduate and be of 21 years of age.

Adding financial services knowledge is always an add-on to your profile, and the company will give you more preference.

How much can I earn as a JM Financial Partner or Dealership?

There is never a limit to earning from being a JM Financial partner or dealership.

The JM Financial partner allows the partners to have all the products and training to represent the company well and sell the products effectively.

Am I eligible to start a JM Financial Partnership Agency?

To have your own JM Financial partnership agency, you need to be a graduate or 21 years old to start through. Having finance-based certification is always an add-on.

Do I need to have a JM Financial Trading Account?

You need a JM Financial trading account to start trading with them. Do check their guidelines, which can keep on changing from time to time.

How much must I invest in becoming a JM Financial authorized partner?

For a JM Financial authorized partner, you must invest something between 1-2 lakhs. The fee is quite low for being a partner, but security deposit and infrastructure costs can be pricey.

How can I track my earnings with JM Financial?

Visiting your account dashboard to track your earnings in real-time would be best. For every business model, you can check the deadline and will know where you are heading to.

Is JM Financial safe to become a partner?

The company started in 1986, is one of the oldest in the stock brokerage. They hold a strong share of the financial sector.


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