Licensed and regulated

The details of Totality’s licence conditions, and the financial services it can offer, can be found through the ASIC website.

Totality’s AFSL requires it to comply with all relevant legislation on the holding, auditing and reporting of all client assets.

One legal requirement, which must be confirmed by the appointed auditor, is that client assets have been segregated at all times from company assets. This is done on a quarterly basis, as well as part of an annual AFSL audit by our external auditor Deloitte.

Funds and custody

Totality client funds are held in a segregated client trust account maintained with HSBC Australia and NAB, which are authorised deposit-taking institutions (ADIs) regulated by APRA and ASIC.

Totality has appointed Saxo Bank to hold all client securities, and permitted Saxo Bank to appoint a sub-custodian (currently Citi Group).

Saxo Bank holds these assets in custody and maintains these in compliance with all Australian and EU regulations imposed upon a custodian. Saxo Bank is a fully regulated European bank, and therefore maintains a high standard of operational and system controls.

Invest with confidence—Totality is backed by the Saxo Group

Saxo is a well-capitalised Danish (EU) bank, trusted by over 1 million clients  globally and managing more than USD 100 billion in client assets. Saxo has an A- credit rating with S&P Global Ratings for stability, and has been designated as a Systemically Important Financial Institution (SIFI) in Denmark.

Discover why more Australians are switching to Totality

"At Totality, we are unashamedly pro-global investing. Recent years have clearly demonstrated the importance and value of geographical investment diversification—ensuring your investment exposure stretches beyond the ASX."

“Our expanded offering for wealth managers and industry professionals enables them to reduce back-office costs, improve their client service, and grow their business.”

“I believe centralising client service and onboarding in Australia will enhance the client experience and efficiency, and I welcome your feedback”

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