Mofid Securities is a leading privately-owned investment advisory and the largest full service stock brokerage firm in Iran that was established in 1994. Mofid has a powerful advisory and professional trader teams servicing institutional and retail investors.
These teams are supported by an experienced equities research team that develops high quality analysis on the market trends. In addition, Mofid manages an expanding funds and asset management division servicing its clients. The firm has more than 270 employees including 45 branches in more than 35 major cities throughout Iran.
Mofid success has been built on a highly individualized and quality services. Mofid is focused on developing a long-term relationship with both clients and employees.
Due to its strong reputable background, Mofid aims to be a trusted investment and wealth management services company relying on the knowledge, concern, and experience of its employees. With an ambition to provide the clients with objective and personalized advices and services, Mofid is committed to help them achieve their long-term financial goals through upholding the highest standards of ethical conduct, honesty and integrity.
Mofid’s vision is to go beyond the expectations of the clients through offering the highest quality financial services as the leading financial intermediary and asset management firm in Iran. As a financial intermediary, Mofidis aimed at increasing the number of its retail clients by 100% and institutional by 70% by end of 2017. As an asset manager, we attempt to have $100 million asset under management by 2016. Growing interest of international investors and liquidity pools on the Iranian capital market, and improvement in the Iranian economy are the main external driving forces for this expansion. Mofid seeks to achieve its aims with continuous learning, focusing, and improving services via new technologies.
Pellekan — a loyalty community of Mofid clients — is donating monthly amount to selected charities to support patients suffering from cancer. MAHAK Institute and MEHRANEH charity are among these charity groups. Mofid is playing an effective role in development of shareholder ship culture by conducting several seminars and workshops throughout Iran, especially in less developed parts of the country. Translating and publishing top financial resources to provide students and researchers with suitable contents are included in other services offered by Mofid.
Mofid regards the human capital as the main asset of the company. In order to continuously improve its methods and managerial systems, the company tries to equip its staff with the best and latest technical knowledge. Recruiting proficient people, Mofid invests considerable amounts of money to hold on-the-job-training courses for its staff. The team is equipped with the most recent techniques and Knowledge in finance and securities markets. Mofid is the number one ranked brokerage firm among 108 brokers in the Iranian capital market since 2007. The rankings are based on the Securities and Exchange Organization (SEO), the Iranian capital market regulator, criteria. The criteria include volume of transactions, number of staff with higher level education, number of branches, number of regulatory licenses to provide financial services, and quality of its services.
Management Team (Board of Directors)
President and Co-Founder: Mr. Hamid Azarakhsh (Masters in Accounting)
Managing Director: Mr. Hadi Mehri (Bachelor of Business Management)
Vice President: Mr. Hasan Azarakhsh (Bachelor of Engineering)
Deputy Managing Director: Mr. Mahdi Azarakhsh (Bachelor of Business Management)