We regard full service stockbroking as a partnership between you and your adviser to understand your requirements and determine an investment strategy or modelled portfolio. Our advisers will help you with decisions on investing in Australian and International shares, IPOs, corporate actions and other asset classes. Your investments are monitored and reviewed regularly and we proactively recommend adjustments if and when necessary.
Portfolio Construction & Management
Our portfolio management and construction solutions are designed to help investors maximise investment performance and effectively manage their portfolio. As a client receiving portfolio management, the level of service can be adapted to your unique requirements. Whether you are seeking full service personal advice relative to your financial situation and objectives, general advice on exposures, strategies and opportunities or the facilitation and execution of trades, our friendly and experienced advisers can assist
PhillipCapital has a long standing tradition of offering high quality tailored advice to investors in Australia.
For Personal Advice clients our advisers work in partnership with you to understand your unique requirements and develop an investment strategy and advice that best conforms to your financial situation, investment goals and appetite for risk.
Style of advice
Decide your level of participation in creating and managing your share portfolio, receiving as much professional advice and support as you require.
|Personal Advice||General Advice||No Advice|
|CFD & Forex Trading||-|
|Model Portfolio & Updates||Yes||Yes||Yes|
|Online Portfolio Login||Yes||Yes||Yes|
|PhillipCapital Research Reports||Yes||Yes||Yes|
|IPOs and other Capital Raisings||Yes||Yes||Yes|
What is General Advice
General Advice provided by an adviser, does not take into account your personal financial situation and investment goals. Specifically General advice focuses on the product for example a stock and generation or management of a trade idea or investment strategy. The basis for a general advice strategy may include but is not limited to analysis of your exposures, fundamental research, company related news or technical analysis. Under General advice your adviser is presenting advice based on their understanding of the opportunity or idea presented which they believe may be of interest to you but it is the clients responsibility to make the final decision on whether the advice is appropriate for and how much risk to assume on the idea.
Why General Advice?
There are many reasons why you may decide to choose General Advice, investors may wish to maintain more control over their account and be more involved in decision making or simply want a professional to bounce ideas against and assist in strategy formulation or execution. The partnership between client and adviser may be that of execution only or generation of General Advice ideas.
What fees are associated with General Advice?
For General Advice, fees are typically built into the brokerage fee paid by the client at a transaction level and negotiated between the adviser and client based on the level of service provided. Typically an adviser that provides General Advice trade and strategy ideas and executes and manages those strategies will charge higher fees that an adviser that is providing execution only or trade generation services. Ultimately the client and adviser negotiate brokerage fees based on the clients services requirements.
What General Advice at PhillipCapital does not cover.
It is imperative that clients understand the type of advice being provided and it is important to understand that General Advice gives no consideration to the clients personal circumstances, financial situation or needs. This means it is up to the client to decide whether the investment strategy, portfolio or trade idea is appropriate for their situation. Robust discussions around risk, reward and strategy management should be held between adviser and client due to the fact the client is assuming responsibility for decision making. Under General advice the adviser is able to provide a viewpoint and product related information based on their analysis.
What is Personal Advice
Personal Advice is advice that takes into consideration any one of your personal circumstances, financial situation or needs. In receiving Personal Advice your adviser will undertake an interview and request personal information including financials so that they can gain an in-depth understanding of your financial position. In doing so the adviser will clarify your investment objectives and formulate an equity strategy in line with your requirements and provide you with a Statement of Advice.
Why Personal Advice?
There are many reasons why you may decide to choose Personal Advice, you may require a portfolio restructure to meet your current stage in life or to reorganise your investment income in line with your retirement goals. Or you may simply want to a professional manager to advise on your portfolio and to provide equity portfolio advice relative to your objectives and needs.
What fees are associated with Personal Advice and how long am I locked in for?
There are no fees or obligations when enquiring about Personal Advice or taking an initial consultation to see how Personal Advice may benefit you. However once you decide to proceed and engage an advisers' services an Advice Fee may be charged in addition to normal brokerage fees. The Adviser will clearly communicate when and how fees are structured before engaging their services. These fees will typically be communicated to you in a Statement of Advice. Also there are no lock in periods for Personal Advice, if you decide to change advisers or stop receiving Personal Advice you are free to move your holdings or trade on your own immediately and there are no penalties associated with stopping the service.
What services are not covered under PhillipCapital Personal Advice.
Our Personal Advice services are limited to advising on structuring equity investments for the portion of funds you and your adviser have deemed appropriate to invest. Also Personal Advice is not a discretionary structure, our advisers will continue to call and gain approval for any trades or activity prior to acting on your account, at all times you retain decision making control over your investment.
Please Note: PhillipCapital does not provide personal advice on Derivative Products.