FAQ

Your adviser is an authorised representative of the licensee, Shartru.

The adviser (Andrew Smith) has the following qualifications:

• Graduate Diploma in Financial Planning (Securities Institute of Australia)
• Graduate Diploma in Applied Finance and Investment (Securities Institute of Australia)
• Self-Managed Superannuation Specialist.
• ASX Listed Products Accreditation (LPAC)
• German Financial Planning qualifications (Versicherungsfachmann) from the Berufsbildungswerk der Deutschen Versicherungswirtschaft (BWV).

• Bachelor of Applied Science

A.S. Private Wealth and Andrew Smith can provide the following services:

• Financial strategies and financial advice generally
• Savings and wealth creation strategies
• Investment planning and financial productadvice
• Securities advice
• Pre-retirement and Retirement Planning
• Risk and risk management (ie wealth protection) analysis and advice
• Estate Planning
• Superannuation planning and advice (including SMSF)
• Taxation considerations (associated withdifferent financial products and different financial strategies)
• Business succession planning.

We are licensed to provide advice on and deal in the following financial products:

• Deposit products
• Government Debentures, Stocks & Bonds;
• Investment Life Insurance Products;
• Life Insurance Risk Products;
• Managed investment Schemes, including IDPS;
• Securities;
• Retirement Savings Account Products;
• Margin Lending Facilities
• Superannuation (including SMSF); and,
• Derivatives

Portfolio Review:

• Portfolios are reviewed on a regular basis, subject to the client’s discretion.

A.S. Private Wealth and Andrew Smith are responsible for the financial services provided to you.

A.S. Private Wealth pays Andrew Smith a salary and may receive a profit share from fees and commissions paid to the Corporate Authorised Representative.

Our agreed advice fees may include charges for:

1. Initial advice; and/or
2. Ongoing advice,

A.S. Private Wealth may receive:

1. Fees paid directly by you, based on time, the amount invested or some other agreed criteria; and/or
2. A set dollar amount or percentage-based fee that is agreed between you and us and paid via your product; and/or

Andrew Smith on behalf of A.S. Private Wealth may also provide you with a personally tailored service agreement or letter of engagement. This agreement or letter may contain details in relation to the initial and/or ongoing service offering and fees and should detail the actual remuneration arrangement between you and your Adviser. Your Adviser will provide you with further details where relevant.

Andrew Smith will agree a basis for charging fees before providing any chargeable services to you.

If you require different services to our full ongoing service (above) we will quote you a fixed fee after assessing your requirements.

Where we recommend a life insurance product we may be paid a commission by the life insurance company. In such cases our hourly rate may be reduced or waived for the Initial advice and the Implementation fee.

1. For services in relation to life insurance, banking deposit products, some loan products and older investment products, commissions may be paid by the product provider as follows:

1. i)  Initial commission – a percentage of the value of your investment contributions, loan balance or insurance premiums; and/or
2. ii)  Ongoing commission – a percentage of the value of your investment balance, outstanding loan amount of premiums, usually calculated at the end of each month in which you hold the investment or loan, or on renewal of insurance products.

(For example. for life insurances and other risk insurances: up to 80% of the initial annual premium as an initial commission and up to 20% of the ongoing annual premium as a trailing commission. If the annual premium for a life insurance policy is $1,000, your Adviser may receive $800 in the first year and then $200 each year thereafter)

2. If we refer you to a party for credit assistance to you, we may receive an initial commission of up to 0.35% and ongoing commission of up to 0.35% from the credit provider and calculated on the balance of your loan.
3. The exact amounts of any fees, commissions, bonuses or other incentives received by A.S. Private Wealth and the licensee will be included in a Statement of Advice that we will provide to you.
4. All fees are paid initially to Shartru Wealth Management (Licensee). Shartru Wealth Management passes on 100% of all fees received to A.S Private Wealth.

A.S. Private Wealth have in place a referral arrangement with Arbitrage Private Clients for the provision of Credit Advice for its clients. A.S. Private Wealth can receive a commission of up to 35% for commissions resulting from any credit product entered into by its clients.