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Thread: Advantages of being independent distributor

  1. #1
    NewBie
    Join Date
    Sep 2011
    Location
    UC
    Posts
    19

    Default Advantages of being independent distributor

    Are there any unique advantages of being an independent mutual fund distributor comparedto being a sub broker under other mutual fund distributors like Karvy?Is there a difference in commissions paid?




  2. #2
    PW Stalwart Manish_Kumar's Avatar
    Join Date
    Apr 2009
    Location
    Patna
    Posts
    268

    Default

    Independent distributor get more commission then working under sub broker.
    Everyone has a scheme of getting rich.. Which never works.

  3. #3
    NewBie
    Join Date
    Sep 2011
    Location
    UC
    Posts
    19

    Default

    When I spoke to Karvy they said that their commission rates would be higher
    than being independent agent since they get volume discounts.
    Is this true?


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