Open High Net Worth Client Account
Prospective high net worth clients can open an account with Southern Cross Equities by contacting us directly and discussing their financial needs with a Southern Cross Equities advisor. Telephone us on +61 2 9231 0880 or email us at Contact Us. Alternatively, you can complete the account opening process by downloading our PDF documents and returning these documents to us.
Southern Cross Equities is focused on servicing the financial needs of professional investors. For us to provide our service we need our clients to certify to us their professional status. This certification requires the completion of our Excluded Party Declaration form which a link is shown below. Clients, depending upon their circumstances, certify their status by having their accountant complete the declaration or establish that they meet the other definitions as shown on the form.
In keeping with legal requirements, Southern Cross Equities requires new clients to provide identification evidence to establish their identity. Generally, these will be extracts of passports, driver’s license, marriage certificates and bank accounts.
Southern Cross Equities utilises the electronic banking system to provide clients with seamless settlement on their transactions. To utilise this service clients should provide their bank account details. Alternatively, clients may wish to use the services of the Macquarie Cash Management Trust.
Prior to opening an account Southern Cross Equities and Berndale are required to provide you with our Disclosure Statements which is available below.
Southern Cross Equities offers its clients the ability to trade derivative products. For a client to trade these products Southern Cross's Derivative Agreement and Berndale's Derivative Agreement must be completed. Client’s wishing to trade derivatives must also open a sponsored equity account with a linked direct debit/credit facility or provide access to Macquarie’s CMT.
Through our relationship with our third party clearer Berndale Securities we are able to offer our clients margin lending facilities that are tailored for professional investors and offer wholesale rates. Berndale is part of the Merrill Lynch Australia and is able to source its funding and lending from the Merrill Lynch network.
Equity Account Forms
Derivative Account Forms
Note: To open a derivatives account you must complete both Southern Cross Derivatives Client Agreement and Berndale’s Client Derivative Agreement. Client’s wishing to trade derivatives must also open a sponsored equity account with a linked direct debit/credit facility or provide access to Macquarie’s CMT.