Hello Colt, I would appreciate a little more guidance please.
I have a Section 807 Certificate as a Sophisticated Investor but have not used it. My accountant updates it each year. It does not name a specific firm so I could use for several.
I trade via a Bank Online platform with CHESS holdings. Whilst I am happy to open accounts with multiple brokers etc, I do not want to transfer my holdings to them. I am a long term holder and want to add the holdings to my existing CHESS account (by transfer) which is in the name of my SMSF Trustee (Company).
How does this work with multiple brokers?
Names that seem to come up are Morgans, Shaw, Taylor Collison for smaller placements. Do they allow you to set up accounts with each?
Do they insist on minimum amounts?
Your comments on how this all works will be greatly appreciated.
By the way, hope you had time to study the form for today and get a winner or at least a horse that wins a place!!!
Thanks
Skinsy11
ps, I like this development of the UTR story so am looking to climb on the saddle.
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