GENERAL ADVICE WARNING
Please note that any advice given by Jevons Global Pty Ltd (Authorised Representative #1250727) is GENERAL advice only, as the information or advice given does not take into account your particular objectives, financial situation or needs. You should, before acting on the advice, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. Jevons Global is authorised to provide financial services to WHOLESALE clients only. If our advice relates to the acquisition, or possible acquisition, of a particular financial product you should read any relevant Prospectus, Product Disclosure Statement or like instrument. Jevons Global may receive fees from issuers, the subject of the research notes we distribute. In addition, Directors, Authorised Representatives, employees and contractors may own shares or options in the securities mentioned in such notes.
Jevons Global requires documentary proof that prospective clients meet the definition of a Wholesale Client – also known as a Sophisticated Investor.
The Australian Corporations Regulations prescribe the asset and income criteria which must be met for the issuance of a Sophisticated Investor Certificate.
A person is only eligible to be the subject of a certificate if they have:
- a gross income of $250,000 or more per annum in each of the previous two years or
- net assets of at least $2.5 million (reg 6D.2.03 and reg 7.1.28).
The rationale is that people meeting one of these criteria are more likely to be able to evaluate offers of securities and some financial products (such as interests in managed investment schemes) without needing the protections of a regulated disclosure document.
The relevant sections of the Australian regulatory code are set out here.
We can provide a form for your accountant on request.
Jevons Global Pty Ltd (ABN 96 152 556 833) is a Corporate Authorised Representative (AR 1250727) of BR Securities Australia Pty Ltd (ABN 92 168 734 530) which holds an Australian Financial Services License (AFSL 456663).
We are regulated in Australia by the Australian Securities and Investments Commission (ASIC).