Financial Services Guide

Capital Partners Consulting trading as Capital Partners Private Wealth Advisers

Before you embark on a relationship with Capital Partners Consulting Pty Ltd (Capital Partners) you have the right to ask us about any aspect of our business.

This Financial Services Guide will help you decide whether to use the services that we offer. It contains information about:

  • Capital Partners Private Wealth Advisers
  • The services we offer and their cost
  • Any conflicts of interest which may impact the services
  • How we are remunerated
  • How we deal with complaints if you are not satisfied with our services.

Financial Product Services

When we provide you with services you may receive:

  • A Statement of Advice (SoA) or Record of Advice (RoA) which documents the financial product advice we provide to you.
  • A Product Disclosure Statement (PDS) which explains the financial products we have recommended.

Information about us

Capital Partners Consulting Pty Ltd holds an Australian Financial Services Licence (AFSL) (227148) which have been issued by the Australian Securities and Investments Commission. We trade as Capital Partners Private Wealth Advisers.

We are required to comply with the obligations of the Corporations Act and the conditions of our  licences. This includes the need to have adequate compensation arrangements in place with a Professional Indemnity insurer for the services that we provide.

What services do we provide?

Capital Partners Private Wealth Advisers provides advice and dealing services under the AFSL in the following areas:

  • Superannuation and SMSF
  • Retirement planning
  • Managed investments
  • Personal risk insurance
  • Securities (direct shares)
  • ASX listed managed investment warrants
  • Margin lending

The financial advice process

We recognise that the objectives and personal circumstances of each client are different. What is right for one client may not be right for another.

Where we provide personal advice, we will listen to you to understand your objectives and circumstances. We will also ask questions to make sure we address all issues.

When we first provide personal advice to you it will be explained thoroughly and documented in an SoA which you can take away and read. The SoA will explain the basis for our advice, the main risks associated with the advice, the cost to you of implementing the advice, the benefits we receive and any conflicts of interest which may influence the advice.

Where we recommend investment platforms, managed funds and personal risk insurance products, we will provide you with a PDS, which contains information to help you understand the product we recommended.

At all times you are able to contact us and ask questions about the advice and financial products we recommend. You can provide instructions to us in writing, via phone or via email/fax. Please note you are responsible for ensuring your instructions do however reach us.

We may provide further advice to you to keep your plan up to date, to reflect changes in your circumstances, changes in the law and changes in the economy and products. If we provide further advice it will typically be documented in an RoA which we retain on file. You can request a copy of the RoA document at any time up to 7 years after the advice is provided.

Fees

All fees are payable to Capital Partners Private Wealth Advisers.

Strategic Advice Fee

We charge a Strategic Advice Fee for our services and this is collected as an initial engagement fee and then as an ongoing monthly fee. The services provided for this fee are outlined in detail in the Proposal for Services which will be presented for your consideration prior to commencing our work with you.

Plan Preparation Fee

Where a Strategic Advice Fee is not applicable, a Plan Preparation fee may be charged. This may include all initial meetings with you, the time we take to determine our advice and the production/implementation of the SoA.

The Plan Preparation fee is based on the scope and complexity of advice provided to you. We will agree the fee with you prior to commencing work.

Asset Management Fee

The ongoing Asset Management Fee will be applied to portfolios that we recommend, and for which we provide ongoing management services. Fees are not levied on assets outside those we directly manage. The Asset Management Fee will be charged as a percentage of your portfolio value and this will be outlined in the SoA or RoA that we provide to you.

Referral Fees and Commissions

Capital Partners Private Wealth Advisers receives commissions and other benefits from some product and service providers. In some situations we receive fees or commissions where we refer you to external parties. We will disclose the referral arrangements to you if and when this occurs.

In some situations we pay fees or commissions to external parties who have referred you to us. We will disclose the referral arrangements to you when we provide you with a SoA. The commission amount will vary depending on the product or service which is recommended. You will be advised of the exact amount in the SoA or RoA.

Insurance Commissions

We may receive a one-off upfront commission when you take out an insurance policy we recommend. We also receive a monthly commission payment for as long as you continue to hold the policy.

Other Benefits

We may also receive additional benefits by way of sponsorship of educations seminars, conference or training days.   Details of any benefits received above $100 will be maintained on a register which is available to you on request.

Financial Adviser Remuneration

Your Financial Adviser will either be an owner or employee of Capital Partners Private Wealth Advisers. Employees are paid a salary.  They may also receive a performance bonus which is based on a number of factors including the revenue they generate for the practice.

Making a Complaint

We endeavour to provide you with the best advice and service at all times. If you are not satisfied with our services then we encourage you to contact us. Please call us or put your complaint in writing to our office.

If you are not satisfied with our response you can refer it to the Credit & Investment Ombudsman (CIO). You can contact CIO on 1800 138 422. This service is provided to you free of charge.

Your Privacy

We are committed to protecting your privacy. We have a Privacy Policy which sets out how we collect, hold, use and disclose your personal information. It also sets out how you can access the information we hold about you, how to have it corrected and how to complain where you are not satisfied with how we have handled your personal information. Our Privacy Policy is available on request and on our website.

Financial Services Guide

CP Life Risks trading as Capital Partners Risk Insurance Advisers

This Financial Services Guide will help you decide whether to use the services that we* offer. It contains information about:

  • Capital Partners Consulting
  • Capital Partners Risk Insurance Advisers & Your Financial Adviser
  • The services we offer and their cost
  • Any conflicts of interest which may impact the services
  • How we are remunerated
  • How we deal with complaints if you are not satisfied with our services.

Financial Product Services

When we provide you with services you may receive:

  • A Statement of Advice (SoA) or Record of Advice (RoA) which documents the financial product advice we provide to you.
  • A Product Disclosure Statement (PDS) which explains the financial products we have recommended.
    * In this document ‘we’ refers to Capital Partners Risk Insurance Advisers and Your Financial Adviser.

Capital Partners Consulting

Capital Partners Consulting Pty Ltd holds an Australian Financial Services Licence (227148) which has been issued by the Australian Securities and Investments Commission (ASIC).

Capital Partners Consulting is required to comply with the obligations of the Corporations Act and the conditions of its licence. This includes the need to have adequate compensation arrangements in place with a Professional Indemnity insurer for the financial services that it and its representatives provide.

Capital Partners Risk Insurance Advisers and Your Financial Adviser

Capital Partners Risk Insurance Advisers has been appointed as a Corporate Authorised Representative of Capital Partners Consulting. Serena West and Luke Towers have been appointed as Authorised Representatives of Capital Partners Consulting. We act on behalf of Capital Partners Consulting who is responsible for the services that we provide.

What services do we provide?

We are authorised to provide personal advice and dealing services for personal risk insurance and superannuation.

The financial advice process

We recognise that the objectives and personal circumstances of each client are different. What is right for one client may not be right for another. Where we provide personal advice, we will listen to you to understand your objectives and circumstances. We will also ask questions to make sure we address all issues.

When we first provide personal advice to you it will be explained thoroughly and documented in an SoA which you can take away and read. The SoA will explain the basis for our advice, the main risks associated with the advice, the cost to you of implementing the advice, the benefits we receive and any conflicts of interest which may influence the advice.

We will provide you with a PDS which contains information to help you understand the products we recommend. At all times you are able to contact us and ask questions about our advice and the products we recommend.

You can provide instructions to us in writing, via phone or via email/fax.

We may provide further advice to you to keep your plan up to date for changes in your circumstances, changes in the law and changes in the economy and products. If we provide further advice it will typically be documented in an RoA which we retain on file. You can request a copy of the RoA document at any time up to 7 years after the advice is provided.

Commissions

Capital Partners Risk Insurance Advisers receives commissions and other benefits from product providers. The commission will vary depending on the product or service which is recommended. You will be advised of the exact amount in the SoA or RoA.

Insurance Commissions

Capital Partners Risk Insurance Advisers receives a one-off upfront commission when you take out an insurance policy we recommend. We also receive a monthly commission payment for as long as you continue to hold the policy.

Other Benefits

We may also receive additional benefits by way of sponsorship of educations seminars, conferences or training days. Details of any benefits received above $100 will be maintained on a register which is available to you on request.

Adviser Remuneration

Serena West and Luke Towers are employees of Capital Partners Risk Insurance Advisers and are paid a salary. They may also receive a performance bonus which is based on a number of factors including the revenue that they generate for the practice.

Referral Fees and Commissions

In some situations Capital Partners Risk Insurance Advisers receive fees or commissions where you are referred to an external party. You will be advised of the referral arrangement whenever you are referred to an external party.

In some situations Capital Partners Risk Insurance Advisers pay fees or commissions to external parties who have referred you to us. You will be advised of the referral arrangements in the SoA provided to you.

Making a Complaint

We endeavour to provide you with the best advice and service at all times. If you are not satisfied with our services then we encourage you to contact us. Please call us or put your complaint in writing to our office. If you are not satisfied with our response you can refer it to the Credit & Investment Ombudsman Service. You can contact the CIO on 1800 138422. This service is provided to you free of charge.

Your Privacy

We are committed to protecting your privacy. We have a Privacy Policy which sets out how we collect, hold, use and disclose your personal information. We will collect personal information from you so that we can understand your personal situation and provide you with advice which meets your needs and objectives. We will also collect information from you to meet our obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act.

We will generally collect this information directly from you however in some cases we will seek your authority to collect if from other parties such as your accountant or your superannuation fund. If you do not provide us with all of the information that we request, we may not be able to provide our services to you.

We will hold and use your personal information so that we can continue to provide our services to you. We will only disclose your personal information to external parties where:

  • The law requires us to do so;
  • You consent for us to do so; and,
  • It is necessary for the purpose of implementing recommendations made by us.

Our Privacy Policy contains further information on how we collect, hold, use and disclose your personal information. It also sets out how you can access the information we hold about you, how to have it corrected and how to complain where you are not satisfied with how we have handled your personal information.

 

Subscribe to our Newsletter
X

Our newsletters provide information and education around investing, finance and real wealth management.

To subscribe please provide your name and email address below.

The details you provide will remain confidential, and will only be used for the purpose of delivering the Capital Partners Newsletter

You can unsubscribe at any time.

Please leave this field empty.

x close