Print
the .PDF version DISCLOSURE
Disclosure Statement Authorised Financial AdviserName:
Martin Hawes FSP number: FSP108466 Physical
address: 326 Tucker Beach Road, Rd 1, Queenstown, 9371, New Zealand Postal
address: PO Box 1108, Queenstown 9348, New Zealand Telephone number:
03 442 3328 Email address: martin@martinhawes.com This
disclosure statement is current as at 1 July 2011 Introduction This
document complies with the disclosure requirements under the Securities Markets
Act 1988 (Act) and the Code of Professional Conduct for Authorised Financial Advisers
(Code) and sets out the disclosure required to be made in accordance with the
Act and the Code. It
is important that you read this document This information will help you
to choose a financial adviser that best suits your needs. It will also provide
some useful information about the financial adviser that you choose. In addition
to the information that I may disclose to you in this statement, I may also disclose
other information to you in a separate disclosure statement (or statements), including
information about the types of services that I provide, the fees that I charge,
and any actual or potential conflicts of interest. If I have not provided that
information to you at the same time as I give you this statement, I will provide
it to you as soon as I can. What
sort of adviser am I? I am an Authorised Financial Adviser. This means
I have been authorised by the Financial Markets Authority (the government agency
that monitors financial advisers) to provide the financial adviser services described
below.
Details
of my company I set up my company Baker Hawes Consultants Ltd on 28 November
2002. Baker Hawes Consultants Ltd is owned 50% by Martin Hawes and 50% by Joan
Baker. Martin Hawes and Joan Baker are Directors of the company. Baker Hawes Consultants
Ltd is strictly an advisory business and does not manage investments for clients.
The company has a strong bias towards education and it is our intention that the
clients who use our service will be much more informed and in control of their
finances. My experience
and qualifications Martin Hawes has a National Certificate in Financial
Services (Financial Advice) (Level5) obtained in 2011. He is a Registered Financial
Adviser. Martin has 25 years of experience in the financial services industry
and has written 19 books on financial topics, several of which are used as texts
at New Zealand universities for financial planning courses. Martin Hawes has advised
clients, delivered presentations, written books and articles since 1986. Martin
is a member of SIFA. Martin usually attends twice-yearly three day conferences
which have a big component of professional development and continuing financial
education. Martin Hawes has kept up to date by reading widely in the field of
personal financial planning. The writing of books and articles and seminar presentations
make continuing research a necessity. He keeps his knowledge updated by reading
a wide range of relevant overseas books, web sites, newspapers and magazines and
has also built up an extensive network of finance industry contacts in New Zealand.
Martin is a member of the Central Otago Financial Network (an informal group of
financial advisers including accountants, share brokers, financial planners, bankers,
financial journalists, etc.) which meets monthly in Queenstown to discuss financial
affairs. How can
I help you? I
have been authorised to provide you with financial adviser services of the following
categories: - Financial
advice
- Investment
planning services
- Discretionary
investment management services.
When
I do this, I will be able to give you advice about: financial products provided
by a broad range of organisations. Services
and products I provide As part of providing you with financial adviser
services, I provide advice and services in the following subject matters: -
Financial goal setting
- Budgeting
- Asset
allocation
- Investments
- Wills/succession/family
trusts
- Insurance
- Taxation structures
- Debt
management
Products
on which advice is given Martin
Hawes and Baker Hawes Consultants Ltd advise on all types of investments: shares
(equities), property, bonds and deposits. The primary focus area is to advise
on a client's asset allocation. Martin Hawes and Baker Hawes Consultants Ltd do
not sell investments, give advice on specific investments nor manage clients'
investment funds. Product
Providers I do not sell investments or insurance products or give financial
advice on specific investments or insurance products. I therefore do not deal
with any product providers.
How
do I get paid for the services that I provide to you? My services are only
paid for by the fees that you pay. I do not receive payments from other people
or organisations that might influence my advice. I am required to tell you
the specific fees, commissions, extra payments, and other benefits that I have
received or will, or may, receive in relation to the services that I provide to
you. I must tell you these things before I give you advice or provide a service
or, if that is not practicable, as soon as practicable after I give you that advice
or provide that service. Fees
and benefits received by me and/or Baker Hawes Consultants Ltd Our remuneration
is strictly fee for service - neither the company nor Martin Hawes have ever taken
commissions or payments of any kind which are not direct from the client. Our
standard financial advice package (wealth planning) usually attracts a fee of
$4,700 plus GST, however other arrangements may be made from time to time with
an agreed fee or means of charging (i.e.: hourly rate). At all times the agreed
fee or the agreed means of charging will be in the Statement of Engagement. Any
discounts to clients will be based on their ability to pay. The fee that is agreed
includes all incidentals. The agreed fee is the total remuneration. Martin Hawes,
Baker Hawes Consultants Ltd or associated companies or trusts do not accept commissions
from any third party and have no license or agency agreements with any other parties. Non-monetary
benefits (soft dollar disclosure)
Martin
Hawes and Baker Hawes Consultants Ltd may receive or accept non-monetary benefits
(such as a bottle of wine at Christmas time, a free calendar, pen or book, the
occasional luncheon, drinks after a briefing session, invitations to sporting
events, subsidised professional development, discounted training courses or office
supplies, etc.) from other financial services industries. Procedures
for handling investment money or investment property Martin Hawes and Baker
Hawes Consultants Ltd do not accept clients' investment funds and therefore have
no method or procedure for handling clients' money. At no time have they nor will
they place investments nor accept funds for investment on behalf of clients.
Record
Keeping I do not handle investment money or investment property for the
clients and hence I do not have to keep any records relating to the investment
of client money or client property. Other
interests and relationships At times Martin Hawes will recommend other
advisers. Martin Hawes, Baker Hawes Consultants Ltd or associated companies and
trusts do not have any financial arrangement with these advisers and do not take
commissions from any party. They have no interest in any business, company or
organisation that would reasonably influence the advice given. Martin Hawes, Baker
Hawes Consultants Ltd or associated companies or trusts have no financial interest
in or any formal relationship with any other financial adviser or service provider.
Recommendations and referrals are made in good faith and while they take all care,
Martin Hawes or Baker Hawes Consultants Ltd does not guarantee the performance
of third parties. Professional
memberships Martin Hawes is a member of the Society of Independent Financial
Advisers and complies with the SIFA code of ethics. Professional
indemnity insurance cover Martin Hawes does not have professional indemnity
insurance. No criminal
convictions 1. In accordance with the Securities Markets Act 1988, I hereby
certify that in the preceding five years, neither I nor any principal officer
of Baker Hawes Consultants Ltd have been: (a) Convicted of an offence under
the Securities Act 1978, the Securities Markets Act 1988 or the Investment Advisers
(Disclosure) Act 1996, or of a crime involving dishonesty (as defined in Section
2(1) of the Crimes Act 1961). (b) A director or principal officer of a company
that committed an offence under any of the Acts listed above or an offence involving
dishonesty as defined above. (c) Adjudicated bankrupt. (d) Prohibited by
law from taking part in the management of a company or a business. (e) The
subject of an adverse finding by a court in any proceeding taken against me in
my capacity as an investment adviser, or (f) Expelled from or have been prohibited
from being a member of a professional body. 2. I also certify that neither
Baker Hawes Consultants Ltd nor any of its principal officers has been placed
in statutory management or receivership in the preceding five years. What
should you do if something goes wrong? If you have a problem, concern,
or complaint about any part of my service, please tell me so that I can try to
fix the problem. If we cannot agree on how to fix the issue, or if you decide
not to use the internal complaints scheme, you can contact Financial Dispute Resolution
(FDR). This service will cost you nothing, and will help us resolve any disagreements.
You can contact
Financial Dispute Resolution (FDR) at: Address:
PO Box 5730, Wellington Telephone
number: 0504 337 337 Email
address: info@drsl.co.nz If
you need to know more, where can you get more information? If you have
a question about anything in this disclosure statement or you would like to know
anything more about me, please ask me. If you have a question about financial
advisers generally, you can contact the Financial Markets Authority. How
am I regulated by the Government? You can check that I am a registered
financial services provider at http://www.fspr.govt.nz. The Financial Markets
Authority authorises and regulates financial advisers. Contact the Financial Markets
Authority for more information, including financial tips and warnings. You
can report information or complain about my conduct to the Financial Markets Authority,
but in the event of a disagreement, you may choose to first use the dispute resolution
procedures described above under What should you do if something goes wrong? Declaration I,
Martin Hawes, declare that, to the best of my knowledge and belief, the information
contained in this disclosure statement is true and complete and complies with
the disclosure requirements.
Martin
Hawes Baker Hawes Consultants Ltd. |