Macquarie Private Portfolio Management. Adviser Guide: MPPM MPS Account Opening. Prepared: March Contact us:

Transcription

1 Macquarie Private Portfolio Management Adviser Guide: MPPM MPS Account Opening Prepared: March 2013 Contact us: Ph: Web: MPPM Adviser Resources Mail: Macquarie Private Portfolio Management 1 Shelley Street, Sydney, NSW 2000

2 How to use this guide 1. Identify & select investor type: - Refer to information provided under each investor type confirming sections of the application and additional documentation/requirements that need to accompany your application Individual or Joint investor (slide 5) Companies and Non corporate trusts including SMSF (slide 6) Corporate trusts including SMSF and Associations (slide 7) Deceased estates and registered co-operatives (slide 8) Government bodies and Foreign companies (slide 9) Sole trader and Accounts for minors (slide 10) Partnerships (slide 11) 2. Next steps Next steps 3. Resources Account Opening Resources 4. Appendices: Sample Application all scenarios (slide 13 to 17) Sample Direct debit form (slide 18) Sample MPPM security transfer form (slide 19 to 23) Note: Click on links to navigate through the guide 2

3 Next Steps To ensure your application is processed correctly, have you: Confirmed you are using the current PDS dated 17 December 2012 refer to page 13 of the application booklet Completed all required sections of the application as per instructions in this guide (slides 5 to 11) Obtained client signatures all applicants (section 19) Completed your Adviser details (Section A) and provided completed FSC/FPA (IFSA) identification forms Provided any supporting documentation required as per instructions in this guide (slides 5 to 11) Where applicable please ensure that you have also included: Completed and signed Direct Debit Request Form Completed and signed Security Transfer Form and supporting documentation if funding your portfolio through transfer of securities If you are funding your portfolio with a margin loan send both this application and the margin lending application to the margin lender for approval. Once completed please send to: Macquarie Private Portfolio Management 1 Shelley Street, Sydney, NSW 2000 For any enquiries please contact our client service team on

4 Account Opening Resources Managed Portfolio Service PDS Date of current PDS is 17 December 2012 refer to page 13 of the application booklet Security transfer form (PDF) or Security transfer form (Excel) Direct debit form FSC/FPA Identification forms: Individual Company (Australian & Foreign) Corporate & Non Corporate Trusts or Superannuation Funds Partnership Incorporated Body, Unincorporated Body or Associations Registered Co-operative Government Bodies For additional resources and forms please refer to the MPPM resources website 4

5 Investor types and Application requirements Investor type Application sections to complete Whose name must the account be in Who signs Requirements / Supporting documentation Individual Applicant Example: Joe Blogs Section 1(a) all details of individuals incl. name, address, DOB, TFN, occupation MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities The individual The individual (or attorney under a Power of Attorney) FSC/FPA Individual form for signatory If signing under power of attorney - certified copy of the power of attorney, certified copies of primary identification in relation to you and FSC/FPA Individual form. Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required Joint Applicants Example: Joe Blogs & Jane Blogs Section 1 all details of individuals incl. name, address, DOB, TFN, occupation for all applicants MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities Each individual investor All investors (or attorney under a Power of Attorney) If signing under power of attorney - certified copy of the power of attorney, certified copies of primary identification in relation to you and FSC/FPA Individual form. Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required 5

6 Investor types and Application requirements Investor type Application sections to complete Whose name must the account be in Who signs Requirements / Supporting documentation Australian Companies Example: Joe Blogs Pty Ltd Section 1 (for each authorised signatory/director) incl. name, address, DOB, occupation Section 2 for company details all details incl. company type, name, ABN/TFN, registered address, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities The company One director (for a sole director company) OR Two officers (e.g. directors or a director and secretary) OR As required by the constitution/ rules of the company FSC/FPA Australian and foreign companies identification form ABN and D&B search Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required Non Corporate Trusts (including superannuatio n funds) Example: Joe Blogs ATF Joe Blogs Super Fund Section 1 for each authorised signatory/trustee incl. name, address, DOB, occupation Section 3 for trust details (eg. self-managed superannuation fund) incl. trust type, name, ABN/TFN, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities The trustees of the trust All trustees FSC/FPA trusts and trustees identification form A copy/extract of the trust deed showing the trust name, trustee(s), name(s) of beneficiaries, name(s) of settlor, trustee(s) signatures with witness signatures and dates of execution. Provide certified copies of any supplementary deeds to the trust deed if required (for example change of beneficiaries, additional settler) Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required 6

7 Investor types and Application requirements Investor type Application sections to complete Whose name must the account be in Who signs Identification and additional documentation requirements Corporate Trusts (including superannuatio n funds) Example: Joe Blogs Pty Ltd ATF Joe Blogs Super Fund Section 1 for each authorised signatory/director incl. name, address, DOB, occupation Section 2 for corporate trustee details incl. company type, name, ABN, registered address, nature of business activity Section 3 for trust details (eg self-managed superannuation fund) incl. trust type, ABN/TFN, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities The corporate trustee Two officers (e.g. directors or a director and secretary) OR As required by the constitution/ rules of the company OR One director (for a sole director company) FSC/FPA trusts and trustees identification form A copy/extract of the trust deed showing the trust name, trustee(s), name(s) of beneficiaries, name(s) of settlor, trustee(s) signatures with witness signatures and dates of execution. Provide certified copies of any supplementary deeds to the trust deed if required (for example change of beneficiaries, additional settler) Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required Associations (Incorporated or Unincorporate d) Section 1 for each officer/authorised signatory incl. name, address, DOB, TFN, occupation Section 2 for association details incl. investor type, name, ABN, TFN, registered address, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities Incorporated Associations -The name of the incorporated body OR Unincorporated Associations - Officers on behalf of the unincorporated body Incorporated Associations - applications must be completed under common seal and witnessed by two officers. All officers must specify their title. Unincorporated Associations-appointed officers FSC/FPA associations identification form A copy of signed meeting minutes showing which officers can open and operate the account (signed by a minimum of 2 office holders) Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required 7

8 Investor types and Application requirements Investor type Application sections to complete Whose name must the account be in Who signs Identification and additional documentation requirements Deceased Estate Section 1 all details of individuals incl. name, address, DOB, TFN, occupation Section 3 in name of deceased estate The executors of the estate (as trustees for the trust) The executor Copy of the death certificate Certified copy of the grant of probate or letters of administration MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required Registered Cooperatives Section 1 for each officer/authorised signatory incl. name, address, DOB, occupation Section 2 for registered co-operative details incl. investor type, name, ABN, TFN, registered address, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities The name of the registered co-operative Appointed officers All applications must be completed under common seal and witnessed by two officers. All officers must specify their title FSC/FPA identification form for registered co-operatives Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required 8

9 Investor types and Application requirements Investor type Application sections to complete Whose name must the account be in Who signs Identification and additional documentation requirements Government Body Section 1 for each officer/authorised signatory incl. name, address, DOB, occupation The name of the government body Appointed officers FSC/FPA associations identification form for government bodies Section 2 for government body details incl. investor type, name, ABN, TFN, registered address, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities For foreign government bodies, information about beneficial ownership/control must also be provided Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required Foreign* Companies Section 1 for each authorised signatory/director incl. name, address, DOB, occupation Section 2 for company details incl. company type, name, ABN, registered address, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities The company One director (for a sole director company) OR Two officers (e.g. directors or a director and secretary) OR As required by the constitution/ rules of the company FSC/FPA Australian and foreign companies identification form Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required * Foreign documentation where any document relied on as part of the procedure is in a language that is not English, it must be accompanied by an English translation prepared by an accredited translator. 9

10 Investor types and Application requirements Investor type Application sections to complete Whose name must the account be in Who signs Identification and additional documentation requirements Sole Trader Section 1(a) all details of individuals incl. name, address, DOB, TFN, occupation Section 2 all details of sole trader incl. full business name, ABN, principal place of business, nature of business activity The individual and the business name The sole trade Provide a certified copy of registration of business name. Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities Investing for a child under 18 (minor) Section 1 in parent or guardian s name all details of individuals incl. name, address, DOB, occupation Section 3 in name of minor The parent or guardian (as trustees for the minor) The parent or guardian Certified copy of the minor s birth certificate. Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities 10

11 Investor types and Application requirements Investor type Application sections to complete Whose name must the account be in Who signs Identification and additional documentation requirements Partnerships & Partners Section 1 for each partner incl. name, address, DOB, TFN, occupation Section 2 for partnership details incl. investor type, name, ABN, TFN, registered address, nature of business activity MPPM Security Transfer form must be completed and signed if the client is funding their portfolio with securities The principals of the partnership The partners FSC/FPA partnership and partners identification form Certified copy/extract of the partnership agreement showing the names of the partners, signatories, dates of execution Provide a certified copy of any updates to the partnership (if applicable) Funding with securities - unrealised gains report required (with stock list, cost base and cost date) - other forms such as ASTF may also be required 11

12 Appendices 12

13 Sample Application Section 1 Individuals, Joint applicants, Trustees, Authorised signatories, Directors Section 1 continued Individuals, Joint applicants, Trustees, Authorised signatories, Directors 13

14 Sample Application continued Section 2 Company, Corporate Trustee, Partnership, Association, Registered Co op, Government Body Section 3 Trust or other entity Section 4 Purpose of Investment Section 5 Source of funds Section 6 Authorised contact details Section 7 Funding your account 14

15 Sample Application continued Section 8 Model portfolio selection Section 9 Do not sell holdings portfolio Section 10 Do not hold restrictions Section11 Tax accounting method Section 12 Tax Status Section 13 Nominated bank account Section 14 Regular withdrawal plan 15

16 Sample Application continued Section 15 Adviser fee details Section 16 GST tax invoices Section 17 Macquarie staff and associates Section 18 Account signing instructions Section 19 Declarations and signatures 16

17 Sample Application continued Section 19 cont. Declarations and signatures 17

18 Sample Direct Debit form Direct Debit form Direct Debit form continued 18

19 Sample Security Transfer Form MPPM security transfer form MPPM security transfer form Issuer sponsored holdings 19

20 Sample Security Transfer Form MPPM security transfer form Issuer sponsored holdings continued MPPM security transfer form Broker (chess) sponsored holdings 20

21 Sample Security Transfer Form MPPM security transfer form Broker (chess) sponsored holdings continued MPPM security transfer form Other custodian 21

22 Sample Security Transfer Form MPPM security transfer form Other custodian continued MPPM security transfer form Limited power of attorney 22

23 Sample Security Transfer Form MPPM security transfer form Declarations & Signatories to the security transfer form 23