The Premium Service is designed to deliver tailored investment management while minimising administration and optimising efficiency. It offers:
- Risk profile analysis and investment recommendations
- Investment products, including Margin Lending, at lower cost
- Preferential access to floats and new issues
- Income reporting for tax purposes
- Comprehensive investment administration.
All these services are provided in one annual brokerage and custodial fee. This includes:
- Up to 30 free trades per annum
- Direct access to investment advice, award winning research and premium internet services, including online access to portfolio and transactional information
- Comprehensive portfolio reviews and reporting including asset allocation summaries, portfolio returns and valuations.
As a Premium Service Client You Receive
Access to award winning research and investment advice
At JBWere, our goal is to partner you in achieving your goals – something we have been doing with our clients for 160 years. To achieve this, your Adviser will work with you to help clarify your expectations and ensure that your investment decisions continue to meet your specific objectives.
You will receive regular, comprehensive investment reviews so that you can be confident your investment strategy remains focused on the delivery of successful outcomes. And, you will have on-going access to comprehensive company research from Goldman Sachs internationally acclaimed research team to guide you in your investment decision-making. Importantly, you can be confident that your Adviser will always be at hand to assist you before implementing those decisions.
Research includes:
- New Zealand and Australian company research
- Wealth Management Client Research
– Wealth Management Client Daily and Weekly
– Investment News and Strategy reports
- Goldman Sachs Research
– Daily Cable and Daily Cable Highlights
Brokerage Services
Up to a maximum of 30 share transactions are included in your annual fee.
Preferential access to floats and new issues
Premium Service clients enjoy preferential access to floats and new issues where JBWere is able and permitted to do so. Goldman Sachs is renowned for its ability to win and successfully manage large transactions. This is evidenced by the role we have played in many of the most significant government privatisations, private sector equity transactions and capital raisings ever undertaken in the Australian and New Zealand markets. Accordingly, you will obtain Australia and New Zealand's most sought after placements and equity raisings, when we are able and permitted to do so.
Income Reporting for Tax Purposes
On a quarterly basis, you will receive a comprehensive income report detailing the income earned by your portfolio. This reporting information makes managing your taxation obligations so much simpler.
Comprehensive Investment Advice
You will enjoy the benefits of a comprehensive administration service which details all transaction settlements, dividends, new issues, takeover bids, record keeping and other general portfolio maintenance tasks. With our custody service taking care of the administration, you will be removed from the worry and hassle of maintaining your portfolio, leaving you and your adviser free to concentrate on the bigger picture.
Formalised Portfolio Review and Reporting
You will receive regular reports analysing market performance and trends, highlighting any implications these have for your investment portfolio. This comprehensive assessment of your portfolio will complement your Adviser's recommendations and assist you to make investment decisions with confidence.
Premium Market Briefings
To keep you up to date with market trends, you will be invited to attend exclusive market briefings from Goldman Sachs research team, New Zealand and Australia's most respected financial market analysis team. You will no longer need to spend hours sifting through a mountain of information to find that all-important recommendation.
Premium Internet Services
You will have access to all JBWere Internet services including:
- Watchlists
- Live Prices
- Wealth Management Client Research
– Wealth Management Client Daily and Weekly
– Investment News and Strategy reports
- Goldman Sachs Research
– Daily Cable and Daily Cable Highlights
The annual brokerage and custodial fee is generally tax deductible in the year in which the fee is charged or paid, making this service extremely cost effective. Premium Service is time efficient. With so much information to sift through and paperwork to complete, successfully managing an investment portfolio can be very labour intensive. And, with time at a premium, portfolio administration is often a lower priority task.
We assist you to limit the burden of managing your portfolio with our extensive administration service taking care of most of your paperwork. We also provide you with additional portfolio services that allow you to spend more quality time on your investment decisions. You enjoy priority access to Australasia's leading research, with information that counts right at your fingertips. And, your Adviser continues to take a direct personal interest in your financial affairs, ensuring no opportunities are missed.
Fee Structure
Your Adviser will discuss the fee structure with you.
Generally, there is an annual brokerage and custodial fee based on the value of your portfolio. There is a minimum annual fee of NZ$5,000 per financial year.
Under certain circumstances, there will be an establishment fee. Clients who exceed the transaction threshold of 30 trades, in any financial year, may attract excess transaction fees. The number of trades applies on a pro-rata basis if you become a Premium Service client part way through the financial year.
