Our Financial Services Guide (FSG) relates to the financial services provided by B. Moses Investment Management Pty Limited and B. Moses Asset Management. It contains important information to help you decide whether to use our financial services or financial products. If you are considering services provided by another B. Moses Group entity, please review the disclosure information issued by that entity, as different entities may provide different financial services.
Financial Services Guide (FSG) provided by clearing and settlement provider (Request)
The financial services provided by B. Moses Asset Management are primarily designed for wholesale, professional and sophisticated investors.
However, you will be treated as a retail client unless you satisfy the wholesale client criteria under the Corporations Act 2001 (Cth) and we have obtained the required evidence to support that classification.
Where personal financial advice is provided in connection with a Managed Discretionary Account (MDA), clients will generally be treated as retail clients unless they have been formally classified as wholesale clients.
Wholesale client status will be determined in accordance with the Corporations Act and supported by appropriate documentation.
A Wholesale Investor can be classified as one of the following when;
- Investing AUD $500,000 or more; or
- An Accountant’s Certificate is provided verifying net assets of AUD $2.5M OR a gross income of at least AUD $250,000 pa for the last two financial years; or
- Utilising financial products in connection with a business that is NOT a small business (i.e. 20+ employees if a non-manufacturing business or 100+ employees if a manufacturing business); or
Please note that clients who are trustees of superannuation funds including SMSFs, will not classify as wholesale clients unless you;
(a) control net assets of at least AUD$10m OR
(b) are an APRA-regulated entity (other than merely as a trustee of a superannuation entity) OR
(c) hold an Australian Financial Services Licence.
A Professional Investor can be classified as one of the following;
- I/We hold an Australian Financial Services Licence number; or
- I/We are a trustee of a superannuation entity or a person which controls net assets of at least AUD$10m; or
- I/We are a listed entity (in Australia) or a related body corporate of a listed entity; or
- I/We are regulated by APRA (other than as a trustee of a superannuation entity); or
- I/We are registered under the Financial Corporations Act 1974 (Cth); or
- I/We are an exempt public authority; or
- I/We are a corporate entity which carries on a business of investment in financial products, interests in land or other investments AND invest such funds pursuant to public offers or invitations; or
- I/We are a foreign entity that would if incorporated in Australia, fall within one of the above categories.
