This Financial Services Guide (FSG) is issued by Capri Asset Management Pty Ltd ABN: 89 625 573 328 AFSL 562011, referred to as "Capri Asset Management", "we", "us", and "our".
Capri Asset Management is a diversified financial services group that provides wealth management and stock broking licensee services. Capri Asset Management is not related to any Bank or Institution. Please refer to capriassetmgmt.com.au for details on the company.
There are two parts to this FSG. Please make sure that you read both parts before making any decision based on our advice. This document is Part 1 and Part 2 is the Adviser's Profile, which includes information about your financial adviser, Paul Alexander White, who is one of our Authorised Representatives. If the Adviser Profile is not attached, please ask the adviser for this profile, or contact Capri Asset Management Head Office.
The FSG is an important document designed to help you decide whether to use the financial services offered. It provides you with the following information:
The terms Representative, Authorised Representative, Corporate Authorised Representative, and Advice Provider means that a person or entity is authorised to represent a business that holds an Australian Financial Services (AFS) licence. Capri Asset Management is the holder of an AFS Licence and is therefore responsible for the financial services provided, including the distribution of this FSG. Throughout this document we refer to such authorised representatives as "Adviser(s)" or "Your Adviser(s)".
Capri Asset Management is authorised to provide product advice on and to deal in various strategies and classes of products to both Retail and Wholesale Clients. Your Adviser may only be authorised to provide advice in some of these areas — please refer to the Adviser Profile (Part 2) which sets out those areas your Adviser is authorised to cover.
Only products approved by Capri Asset Management may be recommended by the adviser. If you hold a specific product under a class covered by the Capri Asset Management licensee, your adviser may review and advise on this product even if it is not on our Approved Product List (APL), however they will not be able to deal in or arrange further business on it if it is not on the APL or if they are not authorised to provide personal advice on it.
Your adviser may also conduct separate business activities such as accounting, mortgage advice and other services not provided under our licence. We are only responsible for the financial products and services described in this FSG and on our APL.
Your adviser acts as our Authorised Representative when providing personal advice to you, and therefore we are responsible for any advice given. Your adviser is under an obligation to act in your best interests in relation to any personal advice provided (the "best interest duty").
In order to provide personal advice, your adviser needs information about your needs, goals and objectives. If you choose not to provide this information, any advice they provide may not be appropriate to your needs.
You may specify how you would like to give instructions — in writing, by telephone, or other means. However, in some instances your adviser will require written instructions. For your own protection, you should not:
Statement of Advice (SoA) or Record of Advice (RoA): Before your adviser provides personal financial product advice, they will collect information about your objectives, financial situation and needs. The SoA will set out the advice and the basis upon which it is given. Any subsequent personal advice may be documented in an RoA. Copies of all advice documents will be retained on your client file and you may request a copy by contacting your adviser.
Product Disclosure Statement (PDS): If a particular financial product (other than securities) is recommended, you must also be provided with a PDS issued by the product issuer. The PDS contains information about the benefits, risks and other features of the product.
Both we and your adviser receive remuneration from service and advice fees paid by you, remuneration and other payments paid by product providers, and other benefits. Fees and Remunerations will in most instances be paid to us as the Financial Services Licensee, and we will forward your adviser their share.
Your adviser will discuss and explain our fee structure with you before providing any financial advisory services. Types of fees include:
Our fees are either invoiced directly to you, deducted from your investments, or a combination of these methods. The specific fees and services you will pay for will be set out in your SoA, annual fee disclosure statement, or client service agreement.
If you implement a financial product through us, we may receive payments in the form of initial and/or ongoing remuneration from financial product providers. These remunerations are included in the fees and premiums you pay for the product and are not an additional cost to you.
Your adviser may have referral arrangements or associations with other financial services providers, such as accountants. These are detailed in the Adviser Profile and may be referred to in any advice document provided to you.
Your adviser will retain the following personal information on your client file:
You can ask your adviser to examine your client file and may request a copy of any advice document by phone or in writing. Please allow at least seven working days to process your request.
If your adviser leaves our licence and starts providing financial services under another licensee, your information may be transferred to the new licensee. You will be advised of any such transfer prior to it taking place.
We are committed to maintaining the privacy and security of your personal information, collected for the primary purpose of providing you with the services described in this FSG. If you do not provide the personal information requested, we may be unable to provide you with the financial services you have requested.
Your personal information will be handled in accordance with our Privacy Policy which outlines how we collect, use, store and disclose your personal information. For more information, please read our Privacy Policy at caprifs.com.au or contact us on 07 5527 6040, or write to:
Privacy Officer
Capri Asset Management Pty Ltd
PO Box 911
Main Beach QLD 4217
As a financial service provider, we have obligations under the Anti-Money Laundering and Counter Terrorism Finance Act 2006 (Cth) to verify your identity and the source of any funds. We will ask you to present identification documents to meet the ID requirements determined by AUSTRAC and will retain copies of this information.
If you have a complaint about the financial services provided to you, you should take the following steps:
If your complaint is not resolved within five business days, please write to:
Compliance and Professional Standards Manager
Capri Asset Management Pty Ltd
PO Box 911
Main Beach QLD 4217
We will try to resolve your complaint quickly and fairly. If your complaint cannot be resolved to your satisfaction or within 30 days, you may refer it, free of charge, to the Australian Financial Complaints Authority (AFCA), of which Capri Asset Management Pty Ltd is a member.
AFCA
Phone: 1800 931 678
Mail: PO Box 3, Melbourne VIC 3001
Other matters can be referred to the industry regulator, the Australian Securities and Investments Commission (ASIC) on 1300 300 630 or via asic.gov.au.
Our professional indemnity insurance covers us and our Authorised Representatives for the services provided under our Australian Financial Services Licence. This includes claims relating to the conduct of staff and representatives who no longer work for us, but did so at the time of relevant conduct. Our policy meets the requirements of the Corporations Act 2001 (Cth).
This Adviser Profile is Part 2 of our Financial Services Guide and provides further information about your Authorised Representative of Capri Asset Management. This profile must be read in conjunction with Part 1. If Part 1 is not attached, please contact Capri Asset Management's Head Office on 07 5651 7329.
Your adviser is Paul Alexander White (ASIC Authorised Representative No. 000336730) of YT Capital Group Pty Ltd, whose ASIC number is 001314655, a Corporate Authorised Representative of Capri Asset Management Pty Ltd.
Office: 127 / 25 Woodroffe Ave, Main Beach QLD 4217
Telephone: 07 5651 7329
Mobile: 0410 557 516
Email: paul@ytcapital.com.au
Website: ytcapital.com.au
With over two decades of experience in the financial services industry, Paul has worked as a Private Client Adviser since 2000, holding positions at top-tier advisory firms such as Citi Group and Hartley Poyton, as well as respected mid-tier firms including Gamma Wealth and Burrell Stockbroking. In 2015, Paul founded Capri Financial Services, serving as Financial Director and offering comprehensive financial planning services. Since 2018, Paul has held the role of Responsible Manager under an Australian Financial Services Licence, becoming the sole Responsible Manager in November 2024.
AFCA Member 111990
Paul is authorised by Capri Asset Management to provide product advice on and to deal in various strategies and classes of products. Only products approved by Capri Asset Management Pty Ltd may be recommended.
The cost of providing a financial product or service will depend on the nature and complexity of the advice, financial product and/or service provided. Payment options include:
All fees, remuneration and brokerage payments received for the financial services provided are paid to Capri Asset Management Pty Ltd, which retains a percentage and forwards the balance to Paul Alexander White.
Financial Services Guide: DEA1.00 — 18 March 2025
Adviser Profile: 1.00 — 20 November 2025