At Perks, we acknowledge the increasing workload on our clients, and investors in general, to maintain their investment portfolios, especially given the legal obligations of record keeping and tax complexities that need to be navigated, and the sheer volume of corporate activity involved in the process.  We also appreciate and understand that some of our clients want to make and control all their investment decisions.

As a result, we have established a streamlined and cost-effective solution to manage the administrative workload for investors, that is tailored to their specific needs.

Perks Portfolio Service (PPS) is a unique portfolio administration service that is designed to reduce the complexity of managing your investment portfolio by providing streamlined administration, simplified tax reporting and corporate actions management. Our team manages the day to day administration of your investments to limit the administrative burden of owning an investment portfolio.


What is different about PPS?

You maintain legal ownership of your investments, which is different to many other platform providers.  There is no third party custodial arrangement, which means you maintain total control over the investments within the portfolio and all decisions relating to those investments.  Legal ownership of your investments is a crucial element in the management of your portfolio and one that greatly reduces the risk to your personal wealth.

Perks Wealth Management recognised the need to develop a tailored portfolio reporting and administration service for our sophisticated clients to ensure security and ownership of their investments.  This became particularly important following the collapse of the overseas investment banks that led to the Global Financial Crisis in 2008.  The key objective was to ensure our clients could hold investments in their own names, eliminating any third-party arrangement and the uncertainty around legal ownership. PPS was established in 2008 and continues to grow.


How does it all work?

The Perks Portfolio Service team manages the day to day administration of your investment portfolio.  We receive all correspondence from investment managers, listed securities and product providers and investments are recorded in our portfolio management software system. This enables us to keep track of investment purchases/sales, income, Capital Gains Tax and to provide consolidated reporting.


What are the key benefits of PPS?

The key advantages of the PPS revolve around ease of investment administration, including the safe custody of investment documents, accurate recording of investment transactions and the legal ownership and control over your investments.

Online access and professional administration of your portfolio ensures a seamless and cost-effective approach, while the complexity of tax issues is reduced as all actions are reviewed by accounting and tax specialists.  Time spent on preparing year-end tax information is reduced through consolidated tax reporting. Lastly, your portfolio is maintained in a concise order, ensuring ease of estate planning.

If you want to ease the workload on portfolio administration and are interested in finding out more about how we could assist you, please don’t hesitate to contact Kerry Bosnich on 08 8273 9276 or