Financial Services Guide.

November 2026

This Financial Services Guide will help you decide whether to use the services that we offer. It contains information about:

• The services we offer and their cost
• Any conflicts of interest which may impact the services
• How we are remunerated; and
• How we deal with complaints if you are not satisfied with our services.

Information about us

Capital Partners Consulting Pty Ltd trading as Capital Partners Private Wealth Advisers ABN 27 086 670 788 holds an Australian Financial Services Licence (AFSL 227148) which has been issued by the Australian Securities and Investments Commission.

Address: 22 Delhi Street, West Perth WA 6005
Postal: PO Box 163, West Perth WA 6872
Phone (08) 6163 6100

This FSG has been prepared and provided with the authority of Capital Partners Private Wealth Advisers.

What services do we provide?

In providing advice and other services described in this FSG, your financial adviser acts on behalf of Capital Partners Private Wealth Advisers who is responsible for the services we provide, which are:

• Superannuation and SMSF
• Retirement planning
• Managed investments
• Securities (direct shares)
• ASX listed managed investment warrants
• Margin lending
• Personal risk insurance advice
• Individually Managed Account (IMA) services

The financial advice process

We recognise that the objectives and personal circumstances of each client are different.

What is right for one client may not be right for another.

Where we provide personal advice, we will listen to you to understand your objectives and circumstances. We will also ask questions to make sure we address all issues.

When we first provide personal advice to you it will be explained thoroughly and documented in a Statement of Advice (SoA) which you can take away and read.

The SoA will explain the basis for our advice, the main risks associated with the advice, the cost to you of implementing the advice, the benefits we receive and any conflicts of interest which may influence the advice.

We will provide you with a Product Disclosure Statement (PDS) where we recommend a financial product other than securities. This contains information to help you understand the product being recommended.

At all times you are able to contact us and ask questions about the advice and financial products we recommend.

You can provide instructions to us in writing, via phone or via email. Please note you are responsible for ensuring your instructions do reach us.

We may provide further advice to you to keep your plan up to date, to reflect changes in your circumstances, changes in the law and changes in the economy and products.

If we provide further advice it will typically be documented in a Record of Advice (RoA) which we retain on file. You can ask for a copy of any RoA by contacting your adviser by phone, email or in writing at any time up to 7 years after the advice is given.

Fees

All fees are payable to Capital Partners Private Wealth Advisers. The exact amount of our fees and any other benefits we or others receive, and how they are calculated, will be set out in your SoA or RoA and your fee agreement, at the time we give the advice or as soon as practicable afterwards.

Strategic advice fee

We charge a Strategic Advice Fee for our services and this is collected as an initial engagement fee and then a monthly fee, based on the scope and complexity. The services provided for this fee are outlined in detail in the Proposal for Services and this will be presented for your consideration prior to commencing our work with you.

Asset management fee

The Asset Management Fee will be applied to portfolios that we recommend, and for which we provide management services. Fees are not levied on assets outside those we directly manage. The Asset Management Fee will be charged on a monthly basis as a percentage of your portfolio value. Our services and fees will be set out in an agreement with you.

Insurance commissions

We do not receive any upfront or ongoing commission if we give you insurance advice.

Referral fee

We do not have formal referral relationships and therefore do not pay referral fees.

Associations and relationships

Capital Partners Individually Managed Account Service (IMAS) is only available on the Macquarie Wrap investment and superannuation platforms, issued by Macquarie Investment Management Limited (ABN 66 002 867 003, AFSL 237492). We have an arrangement with Macquarie to operate the IMAS on its platforms. If we recommend the IMAS, we will also recommend that you hold your investments on a Macquarie platform. We do not receive any payment from Macquarie for this arrangement.

We may receive non-monetary benefits, such as education and training, from product providers including Macquarie. We record benefits above $100 in a register, available on request.
Your adviser will only recommend the IMAS, if it is in your best interests compared with other options, including options not on the Macquarie platform.

Financial adviser remuneration

Your Financial Adviser will either be an owner and/or employee of Capital Partners Private Wealth Advisers. Owners receive dividends from the profits of the practice. Employees are paid a salary. They may also receive a performance bonus which is based on the performance of the practice and other key performance indicators within the business.

Making a complaint

Capital Partners Private Wealth Advisers holds Professional Indemnity insurance which satisfies the requirements for compensation arrangements under section 912B of the Corporations Act. It covers the financial services provided by current and past representatives.

We endeavour to provide you with the best advice and service at all times. If you are not satisfied with our services we encourage you to tell us or your adviser. Please call us (08) 6163 6100 or write to:

Complaints Officer
Capital Partners
PO Box 163
West Perth WA 6872

Your concerns will be reviewed through our internal complaints resolution process. We will acknowledge receipt of your complaint within 24 hours and advise a timeframe for response, no longer than 30 days.

It is our intention to resolve any complaint to your satisfaction; however, if you are unhappy with our response, you are entitled to contact the Australian Financial Complaints Authority (at no cost) who may investigate further.

AFCA
1800 931 678
info@afca.org.au
GPO Box 3 Melbourne VIC 3001

Your privacy

We are committed to protecting your privacy. We have a Privacy Policy that sets out how we collect, hold, use and disclose your personal information. It also sets out how you can access the information we hold about you, how to have it corrected and how to complain where you are not satisfied with how we have handled your personal information. Our Privacy Policy is available on request and on our website. Read our full Privacy Policy.

Individually Managed Account Service

You may be offered access to our Individually Managed Account Service (IMAS) as part of the service we offer you. This is important information about the Individually Managed Account Service.

What is an Individually Managed Account Service?

The IMAS is an effective and efficient way to have a professional advisory firm manage your investments.

Rather than seeking your approval for every investment transaction, the IMAS authorises us to act on your behalf with limited discretion in accordance with an IMAS agreement and Investment Program.

The IMAS enables us to quickly and efficiently make necessary changes to your investments.

Without limited discretion, there can be delays in communicating our advice to you and seeking your approval on each investment decision. This can delay the time it takes to make changes to your portfolio and could delay your exit from existing investments that could adversely impact your portfolio returns.

IMAS offered via a regulated platform

We do not provide custodial or depository services for the IMAS. Your investments are held by Macquarie Investment Management Limited (ABN 66 002 867 003, AFSL 237492), as operator of Macquarie Wrap and trustee of Macquarie Super.

Macquarie is responsible for:

• Custody of your investments held through the service.
• Portfolio administration and reporting.
• On-line access to transaction history and account valuations.
• Consolidated tax reporting.
• Compliance with regulatory requirements for the account.

Before appointing a service provider, we assess its licensing, capability, resources, financial standing and service standards. We monitor Macquarie’s performance through regular review of account reports and reconciliations, service level reporting and a regular review of the arrangement.

Full details of the Macquarie Wrap service will be provided to you in a Product Disclosure Statement before you invest.

Investment decisions and discretion

All investment decisions for the IMAS will be handled by our Investment Team. This team is responsible for managing all IMAS accounts in line with the Agreement and Investment Program for the account.

Under the IMAS we will have authority to make changes within your account without seeking your approval. This includes making the following changes:

• Reduce or sell a holding in any investment.
• Increase a holding in any existing investment.
• Purchase a new investment if it is suitable for the account.
• Vary the growth/defensive asset allocation within your account subject to the ranges set out in the Investment Program.

Each account in the IMAS is individually managed and traded. The changes we make to your account will generally fall into one of the following categories:

• Account rebalancing – we will systematically rebalance your account when it is in your best interests to do so. This means we will reduce some holdings and increase others to restore the balance required in your Investment Program.
• Cash management – we will maintain a level of at-call cash funds in your account. We will take steps to restore the cash balance to an appropriate level.
• Investment changes – we will make changes to the underlying investments in your account in response to changes in our view of the suitability of the investment.

We will not have the authority to contribute to or withdraw funds from your nominated Macquarie accounts or direct funds to an external account or investment without your specific instructions.

We will not have authority to make changes to investments held outside your IMAS accounts.

For investments you hold outside the IMAS, we will provide you with an advice document and we will ask you to authorise all buy and sell transactions.

Statement of advice

The IMAS is optional for Capital Partners clients. Where we believe the IMAS is appropriate for your circumstances we will provide you with a Statement of Advice and explain why the IMAS is in your best interests and suitable for you.

IMAS agreement and investment program

Before we can provide the IMAS to you, you must enter into an IMAS agreement (an MDA contract) with us. You will also receive an Investment Program via a Statement of Advice which determines how each account will be managed under the IMAS. The Statement of Advice and Investment Program will include:

• A link to our investment philosophy including our approach to selecting and managing investments and the investment strategy we will apply in exercising our discretion.
• The basis on which we consider that the IMAS is suitable for you.
• The target growth/defensive assets split.
• The growth/defensive assets allocation ranges.
• The nature and scope of our discretion under the MDA service including any discretion we must exercise.
• Information about any significant risks associated with the MDA service.
• A warning that the IMAS may not be suitable for you if you have given us limited or inaccurate information about your relevant circumstances; and
• A warning that the IMAS may stop being suitable for you if your relevant circumstances change.

The agreement, Statement of Advice and investment program will comply with Division 3 of Part 7.7 and Division 2 of Part 7.7A of the Corporations Act.

IMAS review and termination

Each year we will review your Investment Program and ensure it continues to match your goals and objectives, or whenever we become aware that your relevant circumstances have changed. We will also review and confirm the continued suitability of the IMAS.

You may terminate the IMAS Agreement at any time by advising us in writing (email or letter). We will terminate the service within two business days of receiving your written request.

We may terminate your IMAS by providing you 14 days written notice.

The IMAS will also be terminated if ASIC notifies us that we may not rely on an exemption relating to the IMAS.

On termination of the IMAS and unless you request otherwise, your Macquarie account will remain open with the investments held at the time you terminated the IMAS.

We will remain the nominated adviser on your Macquarie account, and we will continue to provide you with advice services unless you instruct us otherwise,

but we will no longer act with discretion on your account.

We are legally required to maintain written policies to ensure any termination of the IMAS is managed in accordance with the information above. This policy is available to you free of charge on request.

Other risks and service standards

There are additional risks you should be aware of:

• When we transact, you may incur capital gains which may be included in your taxable income.
• You will only be aware of transactions we make on your account after the transaction has been completed.
• You will be reliant on our operational capability and professional integrity to manage your investments.
• Platform risk: the IMAS is only available on Macquarie platforms. Changes to Macquarie’s fees, investment menu or services, or platform outages, may affect your account.
• Market risk: the value of your investments may fall. Past performance is not a reliable indicator of future performance.
• Liquidity risk: some investments may be suspended or take time to sell.

Our acts are binding on you provided we act within the terms of the IMAS agreement. You will not be able to claim that we were not acting on your behalf.

We will provide the IMAS to you in compliance with ASIC Legislative Instrument 2016/968. This means we will:

• Act honestly in providing this IMAS.
• Exercise the degree of care and diligence that a reasonable IMAS provider would exercise in providing an IMAS.
• Act in your best interests in providing the IMAS and, if there is a conflict between your interests and our interests, give priority to your interests.
• Not use information gained through providing the IMAS to gain an improper advantage (for us or others) or to cause you detriment.
• Comply with the Investment Program and the representations made in our Financial Services Guide and Statement of Advice in relation to the IMAS.

If you suffer loss because of any act or omission by any agent or other person engaged by us in connection with the IMAS (other than Macquarie and the external custodian for the account), we will compensate you for that loss as if the acts or omissions were our acts or omissions.

We do not guarantee return of capital; nor do we guarantee that your investments will achieve any particular return or investment outcome.

Other important matters

• You may instruct us in writing (email or letter) to make changes to the investments held on your IMAS In these situations, we will be acting on your instruction and the changes will not be covered by this IMAS.
• You may instruct us in writing (email or letter) to allow cash levels and/or asset class weights to move outside normal ranges. Based on this instruction we will temporarily suspend the IMAS cash management and/or account rebalancing until you instruct us to resume it.
• It is important that you notify us immediately if there is a change or expected change in your personal circumstances. Having compete and accurate information enables us to ensure the IMAS remains in your best interests and suitable for you.

Preferred accounts

Investment (Wrap) Platforms

• Macquarie Investment Consolidator
• Macquarie Investment Manager

Superannuation (Wrap) Platforms

• Macquarie Super and Pension Consolidator
• Macquarie Super and Pension Manager

IMA fees and costs

The following section outlines the fees and other costs you may be charged for using our IMAS. All fees and costs include GST less available reduced input tax credits.

You should read all the information about fees and costs because it is important to understand their impact on your account and investments.

There are no additional fees for you to use the IMAS. We offer this service because efficient portfolio management is in the best interests of most clients. All fees for our advice, the costs you will incur for Macquarie and the underlying investments, will vary based upon which investment accounts and platforms we utilise to operate your portfolio and will be outlined in your Statement of Advice. Our advice fees are the same regardless of whether you use the IMAS or not.

Example of annual fees and costs

The following tables give you an example of how the fees and costs of an IMA can affect your investment over a one-year period.

The above examples assume $50,000 is invested for the entire year, that an additional $2,000 is held in your cash hub and/or account for the entire year, that $5,000 is invested during the year and the value of the account is constant over the year.

The account management costs you incur will vary based upon which investment accounts and platforms we utilise to operate your portfolio. The actual costs that will apply to you will be outlined in the Statement of Advice provided by your financial adviser in relation to your IMAS.

Fund manager fees vary between investments and your actual fund manager costs will depend on the actual managed funds used in your account. As we will act with discretion, you might not be made aware of the managed funds or costs prior to their selection. The fees shown above are the maximum fund manager fees you could be charged with a model portfolio for our IMAS.

The examples do not include any transaction fees. These will be incurred when we make the initial investments for your account and then for any investment changes made during the year. These are not known in advance, and their total value will depend on the number and type of transactions undertaken during the year.

You should note that all fees and costs may change between the time when you read this Financial Services Guide and the time you enter the IMAS. They may also change once you have entered the IMAS.