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F Palmer & ME Palmer
Trading as Joseph Palmer & Sons
AFS Licence 247067 · ABN 29 548 490 818

Philanthropy

“That’s what I consider true generosity. You give your all, and yet you always feel as if it costs you nothing.”

Simone de Beauvoir

Have you a desire to contribute to good causes?

Most Australians have a high ‘generosity of spirit’ when it comes to their philanthropic intentions and seek ways to give to those less fortunate than themselves.

That said, it is also true that those who have worked hard for their wealth want to make sure that the money they give will be dealt with efficiently and effectively on its journey to the intended destination.

We are fully aware of these facts at Joseph Palmer & Sons and we established the Joseph Palmer Foundation to cater for clients who wish to express their generosity in a simple and practical manner.

The benefits to those who have a passion to donate to charitable causes are as follows:

  • Joseph Palmer & Sons have been investing for clients since 1872.
  • We apply our history, experience and foresight to everything we do for clients.
  • The Joseph Palmer Foundation is an ideal investment vehicle for giving to your charity of choice.
  • The fund complies in every way with the strict laws that govern its activities.
  • Donations to the fund are tax deductible.

Contact Us

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Donation Form

Click here to download form (General Fund).

Click here to download form (Sub-Fund).

Media Articles

What is a Managed Discretionary Account?

Author: ITworx/Friday, May 26, 2017/Categories:

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An MDA is an investment portfolio management service whereby you provide discretion to an investment manager to manage your portfolio on your behalf in accordance with your instructions, investment objectives and an agreed investment program. This mandate eliminates the need to constantly obtain your agreement or instructions to sell, buy, apply for, or redeem investments in financial products.

After you open your account, all assets are held beneficially in your name, or a related entity name such as your self-managed superfund, family trust or a company. You can close the account at any time and there are no exit fees.

MDAs are regulated by the Australian Securities & Investments Commission (ASIC) and the provision of MDA services must meet certain conditions of the Corporations Act 2001, Regulatory Guide 179 and ASIC Class Order CO 04/194. MDAs are managed by a Managed Account Operator that must hold an Australian Financial Services License authorising them to provide MDA services.


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Benefits of a Managed Discretionary Account

  • Access to professional investment management expertise
  • Daily monitoring and active management of your portfolio by means of a model portfolio approach
  • Immediate response to market changes
  • Access to extensive research and expert stock selection
  • Investment flexibility with a portfolio tailored to your own personal objectives, risk profile and asset preferences
  • Administration convenience and cost saving
  • Ability to view your portfolio transactions and print reports via an investment platform portal at any time
  • Convenience and cost-saving through provision of tax reports to your accountant at the end of the financial year
  • No exit fees

Disclaimer & General Advice Warning

This publication has been prepared by Joseph Palmer & Sons (ABN 29 548 490 818) an Australian Financial Services Licensee (AFSL 247067). Whilst the information contained in this publication has been prepared with all reasonable care from sources, which Joseph Palmer & Sons believes are reliable, no responsibility or liability is accepted by Joseph Palmer & Sons for any errors or omissions or misstatements however caused. Any opinions, forecasts or recommendations reflects the judgment and assumptions of Joseph Palmer & Sons as at the date of publication and may change without notice. Joseph Palmer & Sons, their officers, agents and employees exclude all liability whatsoever, in negligence or otherwise, for any loss or damage relating to this document to the full extent permitted by law. This publication is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any securities recommendation contained in this publication is unsolicited general information only. Joseph Palmer & Sons are not aware that any recipient intends to rely on this publication and are not aware of the manner in which a recipient intends to use it. In preparing our information, it is not possible to take into consideration the investment objectives, financial situation or particular needs of any individual recipient. Investors must obtain individual financial advice from their investment advisor to determine whether recommendations contained in this publication are appropriate to their personal investment objectives, financial situation or particular needs before acting on any such recommendations.

AuthorRon Stephens
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Tags: MDA