Your adviser (Axis Financial Consultants) is registered in the Single Register of Intermediaries in Insurance, Banking and Finance (ORIAS) under the registration number: 1700 3701. (You can check this registration on the ORIAS website: https://www.orias.fr/welcome) for the following regulated activities
Axis Financial Consultants - Legal Information Document
This ‘Legal Information Document’ describes the relationship between the client, [insert name], and AXIS Financial Consultants.
You have chosen or are about to entrust the task of assisting you to a regulated and supervised professional, so you should bear in mind the following:
The Company
Name or company name: AXIS Financial Consultants SARL
Business address or registered office: 374 Avenue de la Gaule, Île de la Dérivation, 78955 Carrières Sous Poissy, France.
SIREN: 824686968
NAF/APE: (7022Z)
The information collected on this form is recorded in a computerised file by Desmond Cooney for the processing of personal data.The data collected includes only the fields necessary for Know Your Client (KYC) forms, risk profiling, and related activities. The collected data is reviewed annually to remove unnecessary or redundant information. The information is retained for a period of five years and is intended for use by Axis Financial Consultants and our business partners for the provision of financial advice. In accordance with the French Data Protection Act, you may exercise your right to access, object to, erase, restrict the processing of, and transfer your personal data, and have it corrected by contacting Desmond Cooney, email: des.cooney@axis-finance.com You may also lodge a complaint about the processing of your data with the CNIL.
Legal Status and Supervisory Authorities
CIF (Financial Investment Advisor) authorised to provide investment advice on a non-independent basis within the meaning of Article 325-5 of the RGAMF, registered with the Association Nationale des Conseils Financiers-CIF (ANACOFI-CIF), an association approved by the Autorité des Marchés Financiers (AMF), postal address: 17 Place de la Bourse 75082 Paris cedex 02 and website: www.amf-france.org;
This activity is subject to supervision by the AMF.
IAS (Insurance Intermediary): category (broker) and type C intermediary.
We advise on international insurance products, which are important for individuals with cross-border activities. The single premium insurance products we advise on feature an investment platform that offers access to a diverse range of financial assets, including UCITS, ETFs, and bonds.
A type C intermediary has no exclusive link with one or more insurance companies and provides recommendation services based on impartial and personalised analysis. This commits the company to examine a restricted number of insurance contracts available on the market, so that it can recommend, based on professional criteria, the contract or contracts that best meet the needs of the potential policyholder or member.
The adviser explains to the customer which contract is most appropriate for their situation. This response is provided as a suitability statement tailored to the complexity of the insurance contract being offered. To provide this service, the adviser will gather information about the customer's requirements and needs using a detailed customer questionnaire. A risk profile questionnaire is also completed to determine the customer's attitude towards risk, ensuring that appropriate investment advice is provided.
The IAS activity is subject to supervision by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) (Prudential Supervision and Resolution Authority), postal address: 4 Place de Budapest, 75436 PARIS cedex 09, website: https://acpr.banque-france.fr/
Membership of the professional association approved by the ACPR: ANACOFI-COURTAGE
Professional Indenity
AXIS Financial Consultants has, in accordance with the law and the codes of conduct of ANACOFI and ANACOFI-CIF, obtained Professional Civil Liability coverage for its various activities. This cover notably complies with the requirements of the Monetary and Financial Code and the Insurance Code.
Taken out with: QBE Europe
Policy numbers: 093N11000150
Your advisor (AXIS Financial Consultants) has undertaken to comply fully with the ANACOFI-CIF Code of Conduct, which is available at the association's headquarters or at www.anacofi.asso.fr or https://www.anacofi-cif.fr/.
Sustainable Investing
Our firm considers sustainability criteria, including environmental, social, and governance (ESG) factors, in selecting the financial instruments it offers you. Socially Responsible Investing (SRI) integrates ESG factors into the process of researching and selecting securities for an investment portfolio to achieve better long-term returns for investors and benefit society by influencing companies' behaviour. It also promotes respect for human rights and the fight against corruption and acts of corruption. ESG investing does not mean lower returns.
This investment approach offers the opportunity to have a positive impact on society while earning risk-adjusted returns over the long term.
Invoicing and Remuneration of the Professional in CIF and IAS
Remuneration of AXIS Financial Consultants
As appointed intermediaries offering non-independent CIF advice, your AXIS Financial Consultants advisor will be remunerated by a fraction of the fees initially charged by the product promoter and/or the intermediaries involved.
In the case of financial investment advice provided on a non-independent basis, your advisor may retain the commissions. These commissions are paid by the insurance providers we represent.
Within this framework, the adviser assesses and advises on a restricted analysis of financial instruments that meet the client's needs. These instruments are issued by an entity with which the adviser maintains close relations, which may take the form of capital, economic, or contractual links.
Commission for financial investment advice within insurance products
The AXIS Financial Consultants’ standard fee/commission charges on investment premiums for insurance contracts are as follows:
- Below 100,000 € = 4% initial commission plus an annual 0.5% service trail commission for assistance and advice in the management of the insurance contract.
- From 100,000 € to 249,999 € = 3.5% initial commission plus an annual 0.5% service trail commission, for assistance and advice in the management of the insurance contract
- From 250,000 € to 499,999 € = 3% initial commission plus an annual 0.5% service trail commission for assistance and advice in the management of the insurance contract.
- From 500,000 € to 999,999 € = 2.5% initial commission plus an annual 0.4% service trail commission for assistance and advice in the management of the insurance contract.
- From 1,000,000 € and above = 1.5% initial commission plus an annual 0.3% service trail commission for assistance and advice in the management of the insurance contract.
Fees for financial investment advice provided directly to the client
For clients seeking direct financial investment advice from Axis Financial Consultants, the company charges an annual fee of 1% based on the size of the portfolio, plus TVA.
Change of Adviser Charging Structure
For clients seeking to change their financial adviser to Axis Financial Consultants, the company charges an annual 1% trail commission for assistance and advice in managing the insurance contract, which is distributed from the investment or pension portfolio at a rate of 0.25% per quarter.
Protection Of Personal Data
Personal data is collected from clients via the "Know Your Client" (KYC) process. The data is used to deliver tailored financial advice using suitability assessments, prepare and manage contracts, monitor client investments, and ensure regulatory compliance.
The intermediary's use of personal data is primarily governed by European Regulation 2016/679, known as the “General Data Protection Regulation” or “GDPR,” and Law No. 78-17 of January 6, 1978, as amended, commonly referred to as the "Data Protection Act".
The information collected on this form is recorded in a computerised file by Desmond Cooney (the processing manager) and processed in a manner that ensures appropriate security of the personal data, including protection against unauthorised or unlawful processing and accidental loss, destruction, or damage, using appropriate technical or organisational measures (‘integrity and confidentiality’).
It will be kept for five years and is intended for third-party agents who perform certain functions on behalf of AXIS Financial Consultants. These parties have access to only the information necessary to perform their functions.
In accordance with the French Data Protection Act, you may exercise your right to access, object to, erase, restrict the processing of, and transfer your personal data by contacting the processing manager, Desmond Cooney (email: des.cooney@åxis-finance.com). You can also file a complaint about the processing of your data with the CNIL.
Method of Communication
Communication between the CIF and the Client is conducted either in person, via Zoom, MS Teams, WhatsApp, or by telephone and email.
Complaint Handling
If you have a complaint about our services, we will refer you to the following: (Article 325-23 of the RGAMF and ACPR recommendation of 9 May 2022)
Attention/ Reminder:
With regard to the procedures and organisation of complaint handling, please also refer to the Internal Code/Complaint Handling - Procedures and Organisation document (this will be available on request).
How to Contact the Company
For any complaints, your advisor (or the Company's complaints department) can be contacted as follows:
By post: The Director, AXIS Financial Consultants SARL, 374 Avenue de la Gaule, Île de la Dérivation, 78955 Carrières Sous Poissy, France
By telephone: 00 33 1 39 70 98 54 or by email: contact@axis-finance.com
Complaint handling:
Your Advisor undertakes to process your complaint within the following time limit:
- A maximum of ten working days from the date the complaint is sent, to acknowledge receipt, unless the response itself is provided to the customer within this period;
- A maximum of two months between the date the complaint is sent and the date the response is sent to the customer.