Partnervest is a division of Legg Mason Asset Management Australia Ltd which is part of Franklin Resources, Inc.
Franklin Resources, Inc., is a global investment management organisation, operating as Franklin Templeton, which is headquartered in California. Franklin Resources, Inc., provides, through its subsidiaries, deep investment expertise across all asset classes - including equity, fixed income, and multi-asset solutions. Franklin Resources, Inc. is listed on the New York Stock Exchange and has employees in over 34 countries.
From large institutions to individual investors, each of our clients wants the same thing. To achieve their financial goals. And for more than 70 years, we’ve helped them do exactly that. Everything we do at Franklin Templeton is focused on delivering our clients better outcomes. And that’s why clients in more than 160 countries have entrusted us with their investments, making us one of the world’s largest asset managers with over USD $1.4 trillion* in assets under management.
Franklin Templeton provides centralised business and distribution support for all of its Specialist Investment Managers, which includes world- renowned investment managers such as Brandywine Global, Clarion Partners, Martin Currie, QS Investors, RARE and Western Asset. These Specialised Investment Managers operate independently under their own investment process and each is considered an industry expert in their asset class.
Everything we do is focused on one thing – delivering better client outcomes.
*As of 30/6/20. Assets under management represent combined assets of Franklin Templeton, Legg Mason, and subsidiary investment management groups. Franklin Templeton acquired Legg Mason on 31/7/20.
Recognising that many investors want to invest outside of super, Partnervest is a product designed to meet their non-super investment needs.
Partnervest is an online platform giving investors access to high quality, competitively priced, simple investment options when investing outside of super.
With Partnervest you’ll have access to expert fund managers and a range of Model Portfolios to suit your goals and risk profile.
The easy-to-use online platform puts you in control in managing your investments. You can choose to do everything yourself from selecting your investments through to the ongoing management of your account.
Or you can use the services of a Financial Adviser to help develop an investment strategy that’s suited to your needs.
Established in 2007, OneVue is a financial technology company listed on the Australian Stock Exchange. OneVue partners with retail superannuation funds, SMSFs, Industry funds and Corporate funds to deliver a platform that includes investment administration, tax and reporting services through a superior, customised wealth management interface - in turn helping businesses offer their clients a seamless, transparent and cost-effective investment experience.
OneVue is the engine behind the platforms of several well-known licensee group and consumer brands.
OneVue Wealth Services Limited ABN 70 120 380 627 AFSL No. 308868 is the Responsible Entity of partnervest.
OneVue and Partnervest working together
Partnervest is a division of Legg Mason Asset Management Australia Ltd and is the Investment Manager of the Model Portfolios offered through Partnervest.
Legg Mason Asset Management Australia Ltd is also the promoter and distributor of Partnervest. The Client Care Team is responsible for providing support services and is available to answer your queries and assist with any day to day problems with the Partnervest platform. Legg Mason Australia does not charge you directly for the services, however, may receive promoter fees from your investment in the Partnervest Investor Direct Portfolio Service, Cash Hub, Managed Fund Service or Managed Account. In addition to the promoter fees, may receive a portion of the transaction fees charged for Managed Funds and Term Deposits.
Legg Mason Asset Management Australia Ltd receives fees from OneVue for investment management and customer support services. Further information about the fees received by Legg Mason Asset Management Australia Ltd is set out in the Disclosure Documents.
What is a nominated representative?
It is a requirement of Partnervest that investors appoint a Nominated Representative to access and operate their account on their behalf.
- If you invest through a non-IFS Adviser, then this Adviser will be appointed as your Nominated Representative.
What if I don’t have a Financial Adviser?
If you choose to invest directly in Partnervest without receiving advice from a Financial Adviser, Legg Mason Asset Management Australia Ltd will be appointed as your Nominated Representative.
What is the role of a Nominated Representative?
Your Nominated Representative is able to exercise all of the rights you grant them (except the right to transfer the authorisation to another person) to operate your account on your behalf, including:
- Providing instructions relating to your account
- Executing investment decisions via the Secure Portal
- Accessing your personal information online
- Making enquiries regarding your investments, and
- Instructing us to make additional investments on your behalf and debiting your nominated bank account.
How do I appoint a Nominated representative?
To give authority to your Nominated Representative you need to read the “Nominated Representative Terms and Conditions" of the Services Guide and complete the relevant section of the Application Form. The purpose of this form is to allow OneVue to rely on instructions from your Nominated Representative.