Authorised Representation

What it means to be an Authorised Representative

As an Authorised Representative, you will:

  • Have the Authorisation to provide a much greater scope of advice to your clients
  • Have the ability to provide that advice to your clients unhindered
  • Maintain competitive advantage and increase your Practice’s ability to generate fees via the following means:
    • Review current clients SMSFs with a view to improving their overall performance and management
    • Avoid losing clients to other Accountants who are authorised and able to offer more comprehensive advice on SMSF
    • Gain new clients from other Accountants who are unauthorised and therefore cannot provide this valuable service.
    • Offer a ‘all under one roof’ service for your clients.

 

The advantages of being an Authorised Representative

As an Authorised Representative, you will:

  • Gain professional indemnity cover
  • Gain administration support
  • Gain strategic advice support and product advice support
  • Receive an allocated Account Manager
  • Receive comprehensive process training
  • Receive comprehensive mentoring in business development
  • Receive compliance guidance
  • Gain marketing assistance
  • Receive referral fees – paid quarterly
  • Receive ongoing professional development guidance
  • Benefit from other services offered to your clients including full financial services advice together with an implementation service

 

RISE Authorised Representatives are well supported on all aspects of the relationship. They can expect a smooth transition into the new role enabling a very cost effective and profitable solution to address all future changes to legislation.  Coupled with this solution RISE will offer ARs the opportunity to provide a greater scope of advice in areas other than SMSF and Super, if they choose.

The administration service will allow Accountants to consult to their clients without the added burden of producing compliantly written advice documents in-house.  The strategic advice support that RISE offers will assist ARs to deliver appropriate and well-structured advice to their clients.

In the client’s eyes, you will be seen as the true adviser of their affairs assisting them to improve their situations in the future; while growing and retaining your existing client base in times of vast changes within your industry.

Click here to compare the Rise Standards AR model to others available

 

APES 230

RISE conforms to the standards set by the APESB in relation to Proposed Standard APES 230.  Accountants will only need to apply limited changes within their practice in order to conform with these standards due to RISE maintaining processes with its own business model that will adhere to the majority of these standards.  Any future changes to APES 230 will be assessed by RISE.  If these changes are relevant to the AR, RISE will provide training and support to help the AR adapt to these changes.

Click here to read more about the APES 230 Guidelines