Help & support
How it works
Commonwealth Private clients generally have a household income of more than $450,000 per year, and they intend to invest or borrow $2.5 million or more.
For sophisticated investors who qualify as wholesale1, we provide Private Wealth Advantage. These are individuals with net assets exceeding $2.5 million or a gross annual income of at least A$250,000 per annum for each of the last two financial years.
Connect with us directly on 1300 362 081 or submit an enquiry below.
Introducing Private Wealth Advantage
Why choose Private Wealth Advantage?
On your terms
You have the flexibility to choose the level of control you want over your investment decisions and selections.
Industry specialists
Curation and support from top-tier investment specialists.
Exclusive access
Unlock established and unique investments, including opportunities not readily available to Australian investors.
Flexible service
A flexible service model personalised to you. Choose an investment strategy and level of support based on your profile, needs and ambitions.
How does Private Wealth Advantage work?
A modular approach to portfolio construction
Select from curated and structured model portfolios. Then, augment your portfolio with different satellite investment opportunities, tailoring and building to your needs and ambitions.
Unlock opportunities
Find different investment opportunities across private markets, global real assets, local and offshore Exchange Traded Funds (ETFs), diversified portfolios and more.
Plus, all your traditional asset classes that you would want from a wealth management service.
Asset types include:
- Managed accounts - diversified portfolios or single asset class
- Managed funds
- Alternatives - including private equity, private or alternate credit and hedge fund strategies
- Real assets - including infrastructure and property
- Direct equities
- Domestic and offshore listed ETFs
- Thematic investing
- Wholesale fixed income – over-the-counter (OTC) bonds
- Hybrid securities
- Access to IPOs and placements
- Foreign exchange solutions
- Structured solutions and derivatives
- Margin lending
Research and insights to keep you informed
Maintain control over your portfolio with access to specialist research and insights that empower you to make informed, confident investment decisions. Enjoy:
- Regular macroeconomic updates, research, insights and commentary produced and shared by our investment research team
- Access to highly specialised Asset Managers. Plus, enjoy events from round tables to keynote talks. We’ll share knowledge and ideas shaping the future
Ongoing due diligence for peace of mind
- Have peace of mind that we perform rigorous ongoing due diligence on all investments on our curated investment menu
- Specialised research team with oversight from our Chief Investment Officer
High quality governance
- Our approach to the governance of our investment offering is consultative and multi-tiered
- As a highly regarded institution, we manage your investments responsibly and with rigour
A team and technology to support your goals
Enjoy access to:
- A dedicated Investment Director
- Specialised research team
- Industry leading Chief Investment Officer
- Highly experienced trading team, ready to execute your investment strategy
- 24/7 view of your wealth and investments on the go
Bolster your offshore investments with Commonwealth Private’s market insights, research and content supported by our strategic alliance with J.P. Morgan Asset Management, with access to its global investment teams.
It’s the edge you need to make smarter, more strategic decisions.
FAQs
To be considered a sophisticated investor who can access the benefits of Private Wealth Advantage1, you must first qualify as wholesale. Wholesale investors must meet one of two criteria. Either:
- You must hold net assets worth more than $2.5 million; or
- Your gross household annual income must be at least $250,000 for the last 2 financial years
Sophisticated investors are required to obtain a certificate from a qualified accountant stating one of the above.
Yes, Private Wealth Advantage differs from a family office. A family office is a private advisory firm serving ultra-high-net-worth individuals (UHNWI), offering comprehensive solutions for their financial and investment needs, unlike traditional wealth management firms or banks with wealth management. It usually only serves a small number of families.
If you’re looking for a wealth management service which offers high net worth individual investments (HNWI investments), then you should speak to your Private Banker about Private Wealth Advantage, which is available to any Commonwealth Private client who is a sophisticated investor. It is a sophisticated investor offering for HNWI investments.
Under the Corporations Act 2001, 'sophisticated investors' who meet specific criteria are not required to be provided with a disclosure document (such as a prospectus or product disclosure statement) when offered shares in a company.
An investor may qualify as a sophisticated investor if they:
- Hold a certificate issued by a qualified accountant confirming that they (or their controller, if they are a company or trust) meet certain asset and income requirements. This certificate is available if the individual or controller has a gross income of at least $250,000 for each of the last two financial years or net assets of at least $2.5 million
To find out more visit: The sophisticated investor test | Australian Taxation Office
A qualified accountant issues a sophisticated investor certificate, which must be dated within the last two years. It should confirm a gross income of $250,000 or more in each of the past two years, or net assets of at least $2.5 million. You can speak to your Commonwealth Private banker who will assist you with the process of becoming wholesale validated1 or connect with us on 1300 362 081 to find out more.
A high net individual at Commonwealth Private is someone who usually has a household income greater than $450,000 per year. They also intend to invest or borrow over $2.5 million.
A sophisticated investor, in addition to the above, typically has more experience in investing in financial products and does not have the regulatory protections provided to retail investors. Sophisticated investors possess a good understanding of the risks involved and the specific characteristics of the model portfolio, asset or fund they are investing in. Lastly, they would also meet the requirements of ASICs sophisticated investor test.
Banking and Wealth Services
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