About Us

Get Self Licensed

Becoming your own licensee is a liberating experience many advisers tell us. It ensures 100% alignment between you and your client, without having to meet the operational and commercial ‘one size fits all’ imperatives of an overarching licensee. You control the service you want to offer and use the products and strategies you believe are the best fit to deliver that.

We help through:

  • Assessing the current business model and structure of the applicant
  • Identification of educational qualifications and relevant experience of nominated responsible managers
  • Identification of licence authorisation requirements
  • Preparation of all core proofs as supplied to ASIC
  • Preparation of all additional and supporting proofs
  • Preparation of AFSL/ACL application and lodgement
  • Liaising with the applicant and ASIC throughout the assessment process
  • Assistance in obtaining Professional Indemnity Insurance
  • Transitioning your business and clients to the new licence

To find out more get in contact  and we’ll be in touch with you soon.

Contact Us

AFSL Management

Compliance is a central part of your AFSL operations and your business is at risk if you get it wrong. At MDS, we provide you with a framework that embeds compliance within your standard operating procedure and makes it simple and practical.

To help you, we offer support packages with three different service levels:

  • Fundamentals

    $
    695

    + GST/month

    Provides access to general industry commentary and compliance updates as well the MDS Compliance Portal to actively manage all your annual requirements. This package requires you to be on top of all your AFSL compliance requirements and is suitable for mature AFSLs.

  • Complete

    $
    995

    + GST/month

    For those who want to be informed, prompted and guided through all AFSL compliance requirements. MDS will provide you with the required guidance to meet your annual AFSL obligations. The Complete package is recommended if you have admin assistance within your business dedicated to AFSL management.

  • Premium

    $
    1500

    + GST/month

    For those who want the peace of mind of having all their AFSL compliance requirements managed for them. MDS becomes your back office attending to all your AFSL needs, allowing you to focus on your practice and clients. This package is highly recommended for new AFSLs.

For licensees that sign up to either the Fundamentals  or Complete support service you get free access to the MDS Member Portal.

It consists of three distinct sections that are password protected.

Compliance Centre

This is where you have access to the core compliance documents for your license. It includes the following sections:

Community Learning Centre

This section is where can deepen your expertise and connect with other advisors.

  • MDS runs a series of live events giving you the opportunity to meet fellow advisers, ask questions, share thoughts and ideas and learn from industry experts without any commercial pressures from vendors. 
  • We provide you with access to industry research and commentary that is not often available to small businesses to deepen your knowledge and keep you current on broad industry trends. 

 

MDS Partner Benefits

With more than six decades of combined industry experience in our team we have a deep understanding of the support services advisers need to run a successful business and who the best of breed service providers are. Members get access to these suppliers at exclusive member pricing with discounts they can’t get on their own.

Integrated Partners

We have hand-selected some of the best and most innovative product & service providers to support our members. We have done this without alignment to any particular product or service provider.

Having scale means we can negotiate lower costs and enhanced service for our members.

Who they are

Is Self Licensing right for you?

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AFSL Services