Wholesale Clients - AFSL, Wholesale

This bundle is designed to support a licensee wishing to treat some or all of its clients as wholesale clients.  It includes templates to help establish that a client is wholesale under particular wholesale client tests.  It also includes two alternative versions of a policy (a version for a licensee with wholesale clients only and a version for a licensee with both retail and wholesale clients) to help set out the licensee’s methods for treating a client as wholesale.

This resource may assist financial advisers, fund managers and other financial services businesses looking for practical documentation to support wholesale client classification, including professional investor and wholesale investor assessments.