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Home Forums Australian Financial Services Licensing (AFSL) Forum Authorised Representative (AR) for Managed Investment Scheme (MIS)

This topic contains 1 reply, has 1 voice, and was last updated by  Peter 5 months, 2 weeks ago.

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  • #5489 Reply

    James

    Hi, I’m looking for some guidance on being an AR.

    I’m a data scientist with ties to the the fund management industry. I’ve got a pool of 15 or so close friends who want to invest in US equities, traded algorithmically, managed by myself.

    Now, given this would be a MIS under the small scale exception, I would not require a registered fund, however would need either an AFSL or to be an AR of a ASFL license holder.

    As it would be faster to pursue the AR route, I’m wondering how I would go about sourcing AR approval, or who to approach. I’m aware there would be fees payable to the ASFL holder.

    Cheers!

    #5517 Reply

    Peter

    You don’t need an AFSL to invest with friends and family even if you take profit.

    Peter

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Reply To: Authorised Representative (AR) for Managed Investment Scheme (MIS)

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