Wholesale clients.
This website is for wholesale clients only. Here is a plain-English summary of how the law defines one. It is reference information, not advice: your accountant or adviser can tell you whether you qualify.
The usual tests
- Product value
- The amount you pay for the financial product is $500,000 or more.
- Assets or income
- A qualified accountant has certified, within the last two years, that you have net assets of at least $2.5 million, or gross income of at least $250,000 in each of the last two financial years.
- Professional investor
- You are a professional investor: for example, you hold an Australian financial services licence, or you control at least $10 million in gross assets.
- Business use
- The product is provided for use in connection with a business that is not a small business.
A licensee may also treat you as a wholesale client if it is satisfied, on reasonable grounds, that you have the experience to assess an offer (section 761GA).
How Allcap checks
Before showing offer information, this website asks you to confirm you are a wholesale client. Actual wholesale verification, such as an accountant’s certificate, happens in the InvestOS application process run by Capital Matters.
If you are a wholesale client, you can view current opportunities.
General corporate information for wholesale clients. Not an offer or financial product advice. Important information