AdviceNet is 100% Australian owned and operated by its management team. It is a wholly owned subsidiary of the PHAROS Financial Group.
AdviceNet was initially established to provide Dealer services to other AFSL’s including corporate governance systems and support, investment research and APL management, asset allocation and portfolio construction support, specialist and differentiated investments, and product sourcing services.
In order to undertake its activities, AdviceNet secured its own AFSL (Licence # 308200) which in turn has allowed it to selectively take on Corporate, or Authorised Representatives (ARs) that it perceives share commonality of direction, philosophy and intent. The intent however is not to take on traditional financial planning and life risk focused AR’s but rather product, research or technical specialists who need licensing to provide their services.
One of the first assets of the group is Proactive Portfolios which was set up to house the expertise which has been developed in the delivery of multi-asset class model portfolios for financial advisers and their clients. Their objective is to deliver that expertise in the form of implemented portfolios via SMA platforms to a wide range of financial advisory firms and their clients.
AdviceNet currently is the access point and AFSL for:
AdviseNet’s AFSL number is 308200, our licence enables us to offer advice on the following products:
- Basic Deposit Products
- Non-Basic Deposit Products
- Government Debentures, Stocks and Bonds
- Life Insurance Investment Products
- Life Insurance Risk Products
- Managed Investments
- Retirement Savings Account Products
- MDA Services
- Securities
- Standard Margin Lending Facilities
- Superannuation
Click Here to view the AdviceNet FSG