About the Managed Discretionary Account (FSRA Compliant)

Are you a financial adviser or licensee that regularly needs to create new Managed Discretionary Account contracts? You can do them in a matter of minutes using this LawCentral kit.

LawCentral's Managed Discretionary Account creates a binding 3-way agreement between a Dealer, a Financial Adviser and their Client. The agreement complies with all relevant rules and legislation including Part 7.6 of the Corporations Act 2001.

This LawCentral kit is flexible. It is possible for the Client, Adviser or Licensee to be a company. It is even possible for the Client to be acting as a trustee.

Included in the kit is a generic Investment Programme that satisfies the Financial Services Disclosure requirements of the Corporations Act 2001. However, you can replace our Programme with your own if desired.

Important:
You must generally include 2 other documents with this kit or make them available to the client.
1. Statement of Advice
2. Financial Services Guide

Unfortunately LawCentral cannot create these documents on your behalf. For more information on the requirements of these documents contact the Australian Securities and Investment Commission (ASIC).

Our Representative Agreement follows Best Practice Guidlelines protecting all parties. It is fully compliant with the latest FSRA rules.

Why Wait? Start building one now! There is NO CHARGE for going through the Document Building Process. You can read all the hints for free. You can see the Summary for free.

Will this document fulfil your needs?

Would you like to know in advance whether this document contains all of the clauses and provisions you need?

Depending on how you answer the questions, there are many possible ways your final document will look. However, we have produced an example based on the most common answers.

To see a sample of what your ‘Managed Discretionary Account (FSRA Compliant) ’ will look like, click here.

Note: The sample of your ‘Managed Discretionary Account (FSRA Compliant) ’ may not be the complete document. Most of our samples only provide you with the first few pages of the document. If you wish to see the entire document, just purchase the document. If you are not happy with the document for any reason let us know and we will happily refund your money.

To view the sample of ‘Managed Discretionary Account (FSRA Compliant) ’ you will need Adobe Acrobat.