Retail clients

  • Essentially, everyone is a retail client unless they satisfy one of the requirements to be classified as a wholesale client under section 708(8) or (11), section 761G(5), (6), (6A) or (7) or section 761GA of the Corporations Act 2001.

Wholesale clients

  • Wholesale clients comprise sophisticated investors and professional investors under the Corporations Act 2001. See the difference between the two in the table below.
  • To become a sophisticated or professional investor, or otherwise a wholesale client, you need to complete the relevant form provided below.