Investment Adviser is designed for individuals who require authorisation by an Australian Financial Services License (AFSL) holder to provide advice on regulated Managed Investments or Securities.
For existing authorised representatives, successful completion of this course allows you to extend your advisory range into Managed Investment products.
Please note that this is a RG146 General Advice course only. Mentor Education no longer offer RG146 Personal advice courses.
Focused on your Success
We recognise that employers are increasingly looking for candidates who are aware of the challenges of being a successful financial adviser.
Often a candidate’s Qualification is the only evidence that they possess the technical knowledge and skills requirements to conduct themselves professionally as an authorised representative. Unfortunately, this can not be said for all training providers.
With a Mentor Education Training Australia qualification you have confidence in the fact that you will be equipped with the skills and knowledge gained from a credible industry-endorsed program that employs best practice assessment standards, helping you graduate at the leading edge of your chosen field.
The Investment Adviser course will equip you with the specialist knowledge and technical skills to provide compliant advice to clients on property ownership structures, listed property trusts, managed investment schemes, shares and fixed interest products
Mentor’s courses offer more than just compliance training that meets the requirements of Regulatory Guideline 146 (RG146). They are designed to engage and challenge, so that you or your advisers are equipped with both the skills and knowledge required to deliver quality advice outcomes to your clients.
Who Should Enrol?
This course is suitable for:
- individuals seeking a general advice qualification
Course Entry Requirement
This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong grasp of literacy and numeracy.
Level of Advice
All financial product advice are labelled under two types of advice: general advice or personal advice. ASIC has provided guidance as to the difference between general advice and personal advice. Both general advice and private advice are outlined under section 766B of the Corporations Act.
General Advice relates to financial products or investments that can be obtained from an individual that holds an Australian Financial Services Licence (AFSL) or similarly works for a company that has an AFSL.
The advice is classified as general information provided to a client on a particular product or strategy but does not take into account the clients’ personal financial circumstances.
Furthermore, for general advice the individual will receive a current Financial Services Guide (FSG) from their adviser at the first meeting and if a product is discussed, a Product Disclosure Statement (PDS) for each product will be provided if strategies are discussed, and a relevant client fact sheets will also be provided.
Personal Advice (Not offered)
Advice is deemed personal if the adviser has to consider one or more objectives of the client's personal circumstances, objectives, financial situation or needs.
For personal advice the adviser will provide the client with a current Financial Services Guide (FSG) and a Statement of Advice (SoA), and all relevant Product Disclosure Statements and supporting Financial Statements (where relevant).
The client will also be required to sign an engagement letter, scope of advice, and fee agreement forms.
Individuals seeking to provide Tier 1 compliant advice on Managed Investment products and strategies, are required to successfully complete two modules. which are:
- DFP 1 - Financial Advice
consisting of Australian Industry Essentials and Financial Advice Fundamentals. Financial Advice Fundamentals to be completed only for personal advice.
- DFP 4 - Managed Investments / Securities
DFP 1 - Financial Advice module sets the foundation by teaching the financial advice process, which is reinforced in the DFP 4 - Managed Investments / Securities module.
This type of advice required students to complete the following modules:
- DFP1 - Australian Industry Essentials
- DFP4 - Managed Investments / Securities
Australian Industry Essentials
Australian Industry Essentials and Fundamentals of Financial Advice must be the first subject completed before any of the specialist knowledge subject(s).
- Australian Economy
- Australian Financial Markets
- Investment Funds
- Corporations Act
- Regulatory Environment
- Licensees & Representatives
Managed Investments / Securities
This specialist knowledge area will equip you with the expertise and technical skills to provide compliant investment advice to clients
- Introduction to Financial Markets
- Introduction to Managed Investments
- Securities - Money Market Investments
- Securities - The Bond Market
- Securities - Shares
- Securities - Property Securities
- Specialised Investments
- Constructing Portfolios
- Use of Leverage
- Taxation Issues for Investors
- Conducting Research
Units of Competency
This course includes nationally recognised units
Investment General Advice
|FNSIAD301||Provide general advice on financial products and services|
We have designed our assessment activities in line with best practice standards to help you deliver quality advice outcomes to your clients.
- Multiple choice knowledge test for each part
- Short answer responses to a written assignment
- Multiple choice knowledge test for each part.
- Short answer responses to a practical case study.
- Skills assessment, telephone based personal advice role play.
Our friendly and experienced team will provide support and assessment feedback as you progress through your studies.
Flexible Delivery Options: Nationwide
Mentor specialises in providing professional education and training services to you anywhere, any-time. We appreciate that learning needs differ for each individual and organisation, which is why we allow you to select the approach that works best for you.
* Terms and conditions.
For further information regarding tuition fees and study options related to the RG146 Courses - - Investment Adviser Australian Government nationally recognised qualification listed on this web page delivered by Mentor Education Pty Ltd (RTO 21683), please visit the Terms and Conditions section of the Mentor Education Website located at https://www.mentor.edu.au/terms-and-conditions or call us on 1300 306 146.