Understanding how to acquire an Australian Financial Services Licence (AFSL) is our most sought after service.
Over the last ten years, the team at InnoInvest have helped all types of businesses grow their business and take control by securing their AFSL smoothly and strategically.
We have helped companies across many industries including:
- Financial planners
- Fund managers
- Foreign exchange brokers
- Derivative brokers
- Mortgage brokers
- Credit providers
- Fintech startups
- Plus many more
Strategic and consultative approach to gaining your AFS Licence
As you can appreciate, every business type is unique, and your company’s situation must be taken into account to find the best process and achieve your business objectives.
Our first starting point is to ask the critical questions that help us determine the ideal AFSL solution for your needs.
An AFSL isn’t just a licence, but it is a process involving the strategic direction of your business, the goals and objectives you have for your future and most importantly, the contribution of the people within your business.
The success of your AFSL application is a combination of knowing the right questions to ask, identifying any weaknesses and then mapping out a strategic plan.
The strategic plan we create address all the different aspects of your business, including all the resources you need.
Tailored AFSL solutions to position your company for future growth
Over the years we have seen significant changes to the AFSL application process. We have found nearly all the key personnel have based their idea of what is needed on information that is out of date.
What worked two or three years ago, has likely changed and new requirements have been put in place.
So we take a strategic approach to understand the nature of your business and then offer solutions based on the most current regulatory environment. In many cases, we have mapped out a solution which has saved considerable time and money and given clarity to what is working best right now.
Your structure is critical
Once we have identified the answers to our core questions, we then discuss your current business structure and suggest ideas on how to make your setup work.
Also, we’ll suggest ideas on best practice and if any changes would be beneficial to your company in the short, medium and long term.
Preparation is essential when applying for an AFSL application in Australia
Many years ago, it was possible for savvy directors to spend several months reading through all the documents, downloading application templates and submitting all paperwork to begin the AFSL application process.
But times have changed, and the ability for you to gain an AFSL smoothly comes down to proper preparation.
Our job at InnoInvest is to partner with you and your team and align your team, align your business objectives, align your policies and prepare everything in the best possible light.
It is this combination of knowing your business and preparing diligently, which allows us a much higher level of success when applying for AFS licences.
How long does it take to get an AFSL?
By far the most common question we get asked is how long it will take to secure an AFSL?
We understand you and your team are under a tight deadline. We see it every day.
Our focus is always on getting the process right, which leads to the best possible preparation, allowing things to go smoothly once the process has started.
Over the last decade, we have found there are a few factors we cannot control. And just like a Forex trader cannot control the market, they can focus on certain areas like position sizing, exits and having a sensible trading plan.
Like the trader, our focus is on our process. We concentrate on the areas we can control and which have proven time and time again to get the best results for our clients.
You can be assured our process is streamlined. We are efficient and prepared.
By working with the InnoInvest team, you will have the greatest chance of securing your AFSL in the smoothest way possible.
Ready to open the discussion?
We’d love to discuss your business, your objectives and to see if we can work together to secure your AFSL. Get in touch here or call us on +61 2 9247 0022. We look forward to speaking with you.