Fullerton Securities
Fullerton Securities & Wealth Advisors Ltd.
Company Overview
Fullerton Securities & Wealth Advisors Limited is a company headquartered in Gurgaon, India. It offers financial and wealth management products to mass affluent and affluent customer segments. Fullerton Securities’ financial products and services include equity broking (internet based online trading as well as offline trading), financial planning, insurance, investment products and equity research. Fullerton Securities also provides a range of third party and proprietary financial products.
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Background
Fullerton Securities & Wealth Advisors Limited is a company registered under Indian Company Law, incorporated on 8th February 2008. It is a subsidiary of Fullerton Financial Holdings Pvt Ltd. , an Asian financial institution with investments in banks and finance companies in emerging markets including India, Indonesia, China and the United Arab Emirates. Fullerton Financial Holdings Pvt. Ltd. already has a presence in India through Fullerton India Credit Company Limited , targeting the mass market segment. Fullerton Securities & Wealth Advisors Limited targets mass affluent and affluent customers across Tier I and Tier II cities in India.
Fullerton Financial Holdings Pte. Ltd. invests in financial institutions in emerging markets , bringing an operational perspective to all investment decisions. Primarily, it focuses on both Business banking and Consumer banking . Within Business banking, Fullerton Financial Holdings Pte. Ltd. focuses on the Commercial, SME and Self-employed mass market segments. On the other hand, it focuses on the Mass affluent and Mass salaried segments within Consumer banking. Fullerton Financial Holdings Pte. Ltd. is a wholly owned subsidiary of Temasek Holdings, an Asia investment house, headquartered in Singapore.
Products and Services
The Products & Services offered by Fullerton Securities are:
Financial Planning
Fullerton Securities provides investment in three basic categories - cash, bonds and stocks to structure an investment portfolio.
Equity Broking
Fullerton Securities provides broking services to clients that include suitability & appropriateness study, mapping long term & short term requirements, risk profiling, asset allocation, multi-channel trade execution. Online or offline trade services are provided to clients.
Equity Trading
Fullerton Securities provides trading through the company's website or its call center. Following are the trading channels provided:
- Fullerton Invest, a trading terminal for beginners.
- Fullerton Trade, a real time trading terminal with streaming quotes for investors.
- Call & Trade Service, to trade using the phone.
Trading Products
Fullerton offers following core products:
Equity Instruments
- Cash and Carry
- Intra-Day
- Margin Trading
After Market Order ( AMO)
Futures and Options
- Intra-Day
- Margin
Fullerton Advantage Account
Fullerton Securities and Wealth Management offer Financial Plans through a card membership program known as Fullerton Advantage Account. There are four types of Fullerton Advantage Accounts - Platinum Advantage, Gold Advantage, Silver Advantage and Select Advantage.
Following services are included in the Advantage Accounts:
- Broking and Depository Account
- Mutual Fund complimentary Turnover
- Systematic Investment Plan
- Fullerton Financial Plan
- Access to a Relationship Manager
- Internet Based Trading Account
- Investment Services Account
Mutual Funds
Fullerton Securities have partnered with 18 leading Asset Management Companies in India and with several leading names in the Mutual Funds arena. Amongst them are international funds as well as renowned Indian mutual funds . Following are the partner profiles -
- Benchmark Mutual Fund
- Birla Sun Life Mutual Fund
- DSP Blackrock Mutual Fund
- Franklin Templeton
- HDFC Mutual Fund
- ICICI Prudential Mutual Fund
- J.P. Morgan Mutual Fund
- UTI Mutual Fund
- HSBC Mutual Fund
- SBI Mutual Fund
- Religare Mutual Fund
- Reliance
- Fidelity
- IDFC AMC
- Sundaram BNP Paribas
- Kotak AMC
- Tata AMC
- ING Investment management India Pvt. Ltd.
Insurance
Fullerton Securities and wealth Management has partnered with ICICI Lombard General Insurance Company Ltd. to provide various Non-Life Insurance solutions. The company provides general insurance solutions for home, vehicle, travel and health.
Corporate Governance
Fullerton Securities has adopted a corporate governance framework, which incorporates guidelines recommended by leading international and regional regulators as well as the practices adopted by leading financial institutions. This comprises of a two-tier system of committees comprising of members drawn from Executive Management for the first tier and the Board of Directors for the second.
Executive Management engages in cross-functional sharing of knowledge and expertise via these committees in a structured manner. Board Committees provide strategic oversight and guiding principles for the company with respect to key business matters.
The Company today
Fullerton Securities has started its operations in Punjab. The company currently has 10 offices in North India. According to an Article by Economic Times, planned to hire 300 more people by the end of the last fiscal year. The company also plans to focus on catering the needs of middle income group in Punjab
See also
http://twitter.com/FullertonSec
http://www.scribd.com/Fullerton%20Securities
http://fullertonsecurities.plaxogroups.com
http://www.orkut.co.in/Main#Community?cmm=97288427
http://www.flickr.com/people/46028615@N08/
http://www.linkedin.com/groups?gid=2675025&trk=hb_side_g
http://www.slideshare.net/fullertonsecurities
Further Reading
http://budget.myiris.com/show_story.php?file_r=20100212143848194&sec=be
http://www.capitalmarket.com/CMEdit/story48-0.asp?SNo=375457
http://www.fullertonsecurities.co.in/common/pdf/special_reports/Election%20Update_14May09.pdf