Wealth Management & Financial Planning Services

Wealth Management.

While fintech feels like today’s next big thing, we’ve been helping financial services and credit businesses innovate since 2002

Financial Planners

Accountants

Managed Account Providers (MDA)

Managed Investment Schemes (MIS)

Wraps & Platforms

Life Advisers

Superannuation Funds

SOME OF THE WAYS WE HELP OUR CLIENTS.

Applying for and varying AFS licences (AFSLs) and appointing Responsible Managers
Financial product development and documentation
Designing distribution channels and appointing authorised representatives, referrers and distributors
Disclosure documents – Financial Services Guides (FSGs), Statements of Advice (SoAs) and Records of Advice (RoAs)
Reviewing websites and other marketing and promotional material
Drafting and negotiating supplier and distributor contracts

Monitoring and supervision systems and processes
AML/CTF compliance
Breach management and reporting
ASIC liaison, investigations and enforceable undertakings
Managed discretionary accounts (MDAs)
Corporate structuring, shareholder and partnership agreements
Sales and acquisitions
Joint ventures and strategic alliances
Management and employee participation schemes

Responsible Managers Masterclass
Are you sure that your managers have enough knowledge of the AFS requirements to keep you on the right side of the regulator?

These sessions are for Responsible Managers, compliance managers and indeed any senior manager of a financial services business.

It takes a full day, but includes lots of interactive activities to keep you on your toes.

It covers the following areas:
- The Role and Responsibilities of Responsible Managers – what it means to be a Responsible Manager, the qualifications and experience required, responsibilities and overall liabilities involved.
- Regulation in the Financial Services Industry – who are the regulators and what do they do.
- Providing Financial Services – what is a financial or credit service and what compliance and disclosure obligations apply.
- AFS Licensees’ Obligations – an in-depth view of all the regulatory requirements that apply to financial services and credit businesses.
Contact us for more information or to design or book a training session.
Managed Discretionary Accounts
Are your advisers increasingly looking to add value to their services?

Discretionary management of client’s investment portfolios is one area where suitably qualified advisers can really distinguish themselves from the competition.

This 2 hour session examines the various ways that advisers can offer MDA services, what authorisations or structures need to be put in place. It also looks at how far advisers can go without those mechanisms.

Key topics include:
- What is a managed discretionary account service?
- Benefits of MDAs
- Types of MDAs - Full and 'Limited', IMAs, SMAs, etc.
- Risks of MDA services
- Compliance requirements for MDA services, including licence authorisations
- Preparing MDA Contracts and Investment Programs
- Managing MDA service delivery.
Contact us for more information or to design or book a training session.
Giving Financial Advice
The GFC highlighted how exposed advisers are if they don’t follow professional planning practises.

The ‘best interests’ duty is a great starting point, but what does it mean in practice. This training is for financial planners who are serious about the way they deal with clients and who aspire to professionalism. It’ll also help you if you’ve had lots of FOS claims or have ASIC breathing down your neck.

There’s a lot of material here and it would take days to get through it all. So we’re happy to slice and dice it to cover what’s important in your business and what you need to know to avoid becoming one of those nasty FOS statistics.
- Fee Disclosure and Client Engagement
- Conflicted Remuneration
- Limited and/or Scalable Advice
- Best Interests Duty
- Adviser's Duty of Care to Clients
- Risk Profiling
- Gearing
Contact us for more information or to design or book a training session.
Statements of Advice
Myths and Misses of preparing Statements of Advice.

Let us help your advisers debunk the SoA myths. Give them the confidence and knowledge to use their SoA as a communication and risk management tool.

Topics covered include:
- Streamlining and simplifying SoAs - what must be in and what you can safely leave out
- Incorporating information by reference
- How to explain the basis for your recommendation – connecting the dots
- Properly disclosing the risks of your advice
- Explaining the use of APLs
- Remuneration and product cost disclosure – demonstrating the value you provide
- Replacement products – what are they and what does the client really need to know?
- Other tips and traps to turn your SoA into an invaluable client communication tool.
Contact us for more information or to design or book a training session.
Marketing Compliance
It’s quite surprising how many laws apply to marketing financial services.

And how different they are to other types of marketing. Sure you can consult the ACMA website which has loads of useful material, but you’ll risk missing the specific elements for our industry.

This training is a ‘must have’ for brand and marketing managers, especially extensive direct marketers. It will cover the laws and obligations which apply to marketing financial services – both direct and through intermediaries.

Topics covered include:
- Holding out
- Business documentation
- Consumer protection
- Advertising guidelines
- Telemarketing
- Online marketing
- Email marketing
- Viral marketing
Contact us for more information or to design or book a training session.
Distribution
Distribution is king!

Increasingly, financial services businesses are searching for affinity relationships and channels to reach a wider market place.

The Fold’s training and facilitation in this area include:
- Workshops to design new distribution channels using The Fold’s unique “Influencing Spectrum" to choose the appropriate affinity model;
- Upskilling your compliance team and managers to manage and monitor your distribution; and
- Training the sales team on what they can and can’t do at the point of sale. We offer workshops and webinars,or we can design and host interactive online training for the entire sales team.
All sessions can be tailored to suit your team’s needs and capabilities.

Contact us for more information or to design or book a training session.

Wealth Management.

Financial Planners

Accountants

Managed Account Providers (MDA)

Managed Investment Schemes (MIS)

Wraps & Platforms

Life Advisers

Superannuation Funds

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Simon Carrodus

CLIENT STORIES.