Australian Financial Services Licensing (AFSL) Forum

#5573 Reply

Ken

 
<p style=”margin: 8px 0px 0px;”><span style=”color: #000000; font-family: Calibri;”>I know of a new AFSL license which could be available for:</span></p>
 
<p style=”margin: 8px 0px 0px 48px;”><span style=”color: #000000;”><span style=”margin: 0px;”><span style=”margin: 0px;”><span style=”font-family: Calibri;”>1.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>      </span></span></span><span style=”margin: 0px;”><span style=”font-family: Calibri;”>Engaging advisers as Authorised Representatives either individual or corporate;</span></span></span></p>
 
<p style=”margin: 8px 0px 0px 48px;”><span style=”color: #000000;”><span style=”margin: 0px;”><span style=”margin: 0px;”><span style=”font-family: Calibri;”>2.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>      </span></span></span><span style=”margin: 0px;”><span style=”font-family: Calibri;”>Sale – the licence is new and has no clients attached so no surprises for a buyer.  Comes with RM’s and a compliance infrastructure.</span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 0px;”><span style=”color: #000000; font-family: Palatino Linotype;”> </span></p>
 
<p style=”margin: 0px 223.73px 0px 0px;”><span style=”color: #000000; font-family: Palatino Linotype;”>Authorisations on the licence as follows:</span></p>
 
<p style=”margin: 0px 223.73px 0px 48px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>1.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>This licence authorises the licensee to carry on a financial services business to: </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 96px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>a.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>provide financial product advice for the following classes of financial products: </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 144px; text-indent: -108pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>                                                               </span><span style=”font-family: Palatino Linotype;”>i.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>      </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>superannuation; and </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 96px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>b.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>deal in a financial product by: </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 144px; text-indent: -108pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>                                                               </span><span style=”font-family: Palatino Linotype;”>i.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>      </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products: </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 192px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>1.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>deposit and payment products limited to: </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 240px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>a.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>basic deposit products; </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 192px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>2.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>interests in managed investment schemes including: </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 240px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>a.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>investor directed portfolio services; </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 192px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>3.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>retirement savings accounts (“RSA”) products (within the meaning of the Retirement Savings Account Act 1997); </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 192px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>4.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>securities; and </span></span></span></p>
 
<p style=”margin: 0px 223.73px 0px 192px; text-indent: -18pt;”><span style=”color: #000000;”><span style=”margin: 0px; font-size: 10pt;”><span style=”margin: 0px;”><span style=”font-family: Palatino Linotype;”>5.</span><span style=”font: 7pt ‘Times New Roman’; margin: 0px; font-size-adjust: none; font-stretch: normal;”>       </span></span></span><span style=”margin: 0px; font-size: 10pt;”><span style=”font-family: Palatino Linotype;”>superannuation; </span></span></span></p>
 
<p style=”margin: 8px 223.73px 0px 0px;”><span style=”margin: 0px; font-size: 10pt;”><span style=”color: #000000; font-family: Calibri;”>to retail and wholesale clients.</span></span></p>
 
<p style=”margin: 8px 0px 0px;”><span style=”font-family: Calibri;”><span style=”color: #000000;”>For expressions of interest, email me on kdfortein11@gmail.com</span></span></p>
 
<p style=”margin: 8px 0px 0px;”><span style=”color: #000000; font-family: Calibri;”>Ken </span></p>
 
<p style=”margin: 8px 223.73px 0px 0px;”><span style=”color: #000000; font-family: Calibri;”> </span></p>
 

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