Australian equities and cash
The Selfwealth Adviser Platform is a non-custodial, direct equities solution. Holdings are held in the client account
holder's name under their unique individual holder identification number (HIN). An ANZ trust account is used for
settlement, linked to the investor's nominated withdrawal account. There are no fees and no interest payable on
the ANZ trust account.
The account holder is the legal and beneficial owner of all Australian assets held on the platform. For more
information, see our article on Australian asset ownership.
International equities and cash
If international trading is activated, international assets are held in a custodial account with Phillip Capital Pte Ltd.
Cash held in currencies other than Australian dollars is held in a Phillip Capital trust account with Standard
Chartered. The account holder is the beneficial owner of all international holdings purchased through the
Selfwealth platform.
For more information on how international assets are held, see our article on international asset ownership.