SMSF ADVISORY HAS A WEALTH OF EXPERIENCE IN ACTING AS RESPONSIBLE ENTITY FOR REGISTERED SCHEMES AND TRUSTEE FOR UNREGISTERED SCHEMES
SMSF Advisory is currently the Responsible Entity/Trustee for more than 200 managed investment schemes. SMSF Advisory can offer a unique solution in the market: should the investment manager wish, members of the SMSF Advisory can undertake the Responsible Entity, Custody, Registry and Fund Administration services for a fund or, alternatively, the investment managers can choose a single service or combination of services. SMSF Advisory has worked with numerous investment managers to establish registered schemes in a variety of asset classes and the team is well-positioned to assist investment managers looking for a qualified and experienced Responsible Entity for hire.
SMSF Advisory operates a number of Responsible Entities. Each of these entities holds an Australian Financial Services Licence and is licensed, pursuant to the Corporations Act, to operate financial services businesses and to act as a Responsible Entity for registered managed investment schemes.
WHEN ACTING AS A RESPONSIBLE ENTITY FOR HIRE, SMSF Advisory SERVICES CAN INCLUDE:
- Scheme registration
- Production of offer/disclosure documents
- Designing compliance plans
- Monitoring of compliance with the Corporations Act, PDS, constitution and compliance plan
- Liaison with ASIC
- Managing adherence to legislative and regulatory requirements
- Custody services
- Appointment and monitoring of external service providers
Back-office solutions (in-house or outsourced), including:
- Scheme administration
- Fund accounting
- Unit registry
- Portfolio valuation
- Unitholder reporting
- Complaints monitoring and resolution
A Responsible Entity’s role is similar to that of a Trustee with a wholesale managed investment scheme, however a Responsible Entity has additional obligations and responsibilities.
SMSF Advisory acts as Responsible Entity assisting investment managers with listed and unlisted funds with wholesale and/or retail investors. Should you be seeking a Responsible Entity to assist with the establishment of a registered managed investment scheme, please contact us.
As well as acting as a Responsible Entity for hire for registered schemes, SMSF Advisory can also offer its trustee services for unregistered schemes.