Wholesale and Retail Investor Accounts

Key Components of Wholesale Investor Services

1. Investor Qualification and Verification:
   • Criteria Assessment: Assist fund managers in verifying that potential investors meet the wholesale investor criteria set forth in the Corporations Act 2001 (Cth).
   • Documentation: Help gather and manage necessary documentation, such as certifications from qualified accountants.

Under the Corporations Act, wholesale investors are typically classified based on:

1. Financial Thresholds: An investor may qualify as a wholesale investor if they have:
   • Gross assets of at least AUD 2.5 million, or
   • A gross income of at least AUD 250,000 per year for the past two years.
2. Professional Experience: Individuals or entities can also qualify based on their professional experience in investing or financial markets. This includes those who have been involved in investment activities for a specified duration and can demonstrate sufficient knowledge and understanding of financial products.
3. Certification: Wholesale investors may also be identified through a written certificate from a qualified accountant, confirming their status as wholesale based on their financial situation.