The origin of Motilal Oswal dates back to the year 1987 when two friends, CA Raamdeo Agrawal and CA Motilal Oswal, came together to start a sub-broking house. It was truly a revolutionary moment back then because very few Indians used to invest in the stock market. Moreover, the ring-trading system was followed as per which physical delivery of shares used to take place.
It was a time-consuming system and the absence of professionally run brokerage houses made the entire system more inefficient. Hence, Raamdeo Agrawal and Motilal Oswal identified an opportunity and started Motilal Oswal Financial Services in 1987.
Focusing on its principles of honesty, professionalism and transparency, and by always prioritizing customers, Motilal Oswal has grown into a company worth more than ₹10,000 crore today.
Did You Know?
More than 35,000 investors and traders open their accounts with Motilal Oswal every month to get quality advice from industry experts and make superior profits. Motilal Oswal provides research-backed advice to investors and traders, thus helping them to maximize their income and profits.
How did Motilal Oswal grow over the years?
Raamdeo Agrawal and Motilal Oswal were quick to identify the gaps that existed in the Indian market due to the lack of knowledge and expertise. Hence, they founded Motilal Oswal with the aim of educating Indians about how stock markets work, how the prices of shares go up and down, how the shares are to be brought and sold, what factors affect the growth of a company’s stock, how risk is managed, etc., and teaching them how to create wealth through stock market.
The research team of Motilal Oswal carries on extensive research and then gives advice to investors and traders to help them maximize their income from the stock market while managing the risks effectively. Motilal Oswal enjoys a great reputation for being a client-first company and the fact that it continued hiring even during the pandemic-induced lockdown to give the best research-backed, honest advice to its clients is a testament to the same. Indians have actually learned wealth creation from Motilal Oswal, which is a financial conglomerate today. Its honesty and transparency have helped it grow massively over decades and cater to more and more clients, ranging from retail investors and high-net worth individuals to foreign institutional investors and mutual funds, and more.
Motilal Oswal is headquartered in Mumbai and has a wide network spread across 550+ cities. From a company run by just 2 young CAs, Motilal Oswal now employs around 10,000 talented folks and is still growing. It also has a well-diversified portfolio of financial services and products such as Private Wealth, Private Equity, Institutional Equities, Investment Banking, Housing Finance, Retail Broking, Asset Management and more.
Facts & Figures about Motilal Oswal:
•It is a full-service broker in India, having an active client base of over 7,80,000 as of April, 2023.
•Motilal Oswal has a differentiated platform for traders as well as investors.
•It is known for its advisors and has a team of over 1,100 advisors who work day in and day out to provide the best services to clients.
•It supports NRI accounts and also has physical branches in multiple cities.
•Motilal Oswal is among India’s top 10 brokers based on a client base.
How is Motilal Oswal different from other brokers?
Motilal Oswal does not enjoy any competitive advantage when it comes to pricing because it does not offer flat brokerage, unlike other brokers. In fact, it does not have any discount brokerage plans either.
However, Motilal Oswal believes that its solid research and honest advice help clients make profits, which in turn justify their pricing model. Therefore, Motilal Oswal continues to charge clients as per its own model in exchange for providing excellent services, instead of following the flat brokerage system which attracts investors and traders in large numbers these days.
Final Takeaway
Motilal Oswal has had expertise in providing complete financial services to both investors and traders for more than three decades now. If you’ve prepared yourself and feel ready to enter the stock market, then Motilal Oswal is the name you can trust. Reach out to Motilal Oswal today and start your wealth creation journey with the best team of experts.