Financial Services Guide - Step 1
- Who will be responsible for
the advice given to me?
- What financial services does
DJ Carmichael Co offer me?
- Will you give me advice that
is suitable and personalised to my investment needs and financial
circumstances?
- Warning:
What is a Financial Services Guide?
This document is provided to you as a guide to the Financial
Services DJ Carmichael Pty Limited (DJ Carmichael &
Co) provide and an outline of the costs to you of utilising
these services.
Specific costs will be stated in a Statement of Advice if this
guide cannot express actual costs. Before accepting our advice
you should read this guide carefully, together with any other
disclosure documents you may receive. These may include a:-
Product Disclosure Statement (PDS): which
details the features of the financial product you are buying
and all the fees and charges associated with the product, and/or
Statement of Advice (SOA) which details any
recommendations made by your Adviser. The SOA also sets out
the specific commissions and remuneration received by DJ Carmichael
& Co and your Adviser arising from implementing your instructions.
Please carefully read the section on Statement
of Advice below.
You will receive a contract note as usual stating all the details
of the transaction for all transactions carried out on the Australian
Stock Exchange Limited (ASX) or an overseas stock exchange.
1. Who will be responsible for the advice
given to me?
Your Adviser will be acting on our behalf.
We are therefore responsible to you for any advisory services
your Adviser provides. DJ Carmichael & Co holds an Australian
Financial Services License under the Corporations Act 2001 and
is a Participating Organisation of the ASX. DJ Carmichael &
Co was established in 1896 and has over 100 years of experience
in providing a complete service to our clients in regard to
investment advice. Back to top
2. What financial services does DJ
Carmichael & Co
offer me?
Full service stockbroking - our Advisers can offer
you the service level you require from ”full service”
with research and portfolio management to a pure “execution
only” no advice service.
Options strategies – our specialist option Advisers
can provide tailored strategies or execution services.
Financial strategies – the majority of our Advisers
are accredited to provide advice on superannuation, financial
planning, managed funds. The scope of the advice provided covers
specific strategies in the following areas:
- Margin lending
- Superannuation
- Retirement income strategies
- Wealth creation
- Portfolio construction and management
- Trading strategies
- Institutional dealing
- International dealing
- Corporate advisory (wholesale clients only)
Back to top
3. Will you give me advice that is
suitable and personalised to my investment needs and financial
circumstances?
Yes! Your Adviser is obliged to have a reasonable
basis for recommendations made to you. However, to do so your
Adviser needs to find out your individual investment objectives,
financial situation and needs before they can recommend any
investment to you. We will therefore ask you for information
at the time you open an account with us.
You have the right not to divulge this information to us, if
you do not wish to do so. Your Adviser will then be limited
in their ability to make recommendations specific to your requirements.
If you decline to provide sufficient information you must take
into account the following warning which will apply to any advice
given to you:Back to top
4. Warning:
Where DJ Carmichael & Co and your Adviser have been provided
with inaccurate or incomplete information relating to your relevant
personal and financial circumstances, you should, before acting
on the advice, consider the appropriateness of the advice, having
regard to your own relevant personal and financial circumstances.
Please note you must provide your risk profile as a minimum
requirement of opening an account with DJ Carmichael & Co.
Your Adviser will work with you to enable you to formulate
your goals and objectives and assist you in achieving your investment
targets. Your Adviser can only provide appropriate advice when
we have been given the information we require to make recommendations
that are suitable. Your Adviser may refuse to give advice where
you have not provided sufficient information.Back to top
The Full financial Services guide will be downloaded
in your Starter Kit at the end of step 5 or
you can go directly to Download
our forms
Who
is DJC? 