Corporate Authorised Representative pathway
Looking to launch a financial services business in Australia will almost certainly involve needing to operate under an Australian Financial Services Licence (AFSL) issued by the Australian Securities & Investments Commission (ASIC).
However, that can be a costly and lengthy process, typically taking at least 6 to 12 months. So, many new entrants to the financial services industry will seek to start as a Corporate Authorised Representative (CAR) under an established AFSL holder.
Avenir Capital has held an AFSL issued by ASIC since 26 August 2011, authorising it to provide financial services to wholesale clients, and is open to exploring corporate authorised representative arrangements for suitable businesses to operate under its licence and supervision.
Avenir Capital is now partnering with 360Certainty to provide a superior offering to support emerging investment managers with a robust and well-regarded licensing with risk & compliance embedded by design