This document summarizes the specialist stockbroking services provided by JBWere via financial advisers to help high net worth investors manage direct share portfolios. JBWere has assembled a specialist team to work with financial advisers, providing services like transaction execution, portfolio construction and review, research and advice, access to IPOs and capital raisings, and investment ideas and opportunities. The team is led by Hamish Lindeman and includes David Bedford, Andrew Bullard, and Campbell Stevens.

1. Specialist
stockbroking services
via your financial
adviser

2. 2 Specialist stockbroking services via your financial adviser
Our execution expertise in your portfolio
With your financial adviser, you’re building a highly
personalised investment portfolio to meet your future goals.
When that portfolio includes direct shares, it pays to engage
the services of an experienced and globally connected
stockbroking specialist that can help you make the most of
the opportunities available to high net worth investors.
JBWere has assembled a specialist team to work alongside
your financial adviser, enabling them to offer you a high
quality, full service stockbroking solution that draws on the
global resources of JBWere.
This relationship ensures your direct share portfolio is well
constructed and proactively managed by experienced
investment professionals, in line with the strategic plan
you’ve developed with your financial adviser.
Our specialist stockbroking service includes:
• Transaction execution. We execute ASX transactions
on your behalf in an efficient and timely manner,
supporting various structure and platform requirements
as appropriate.
• Portfolio construction and review. We can
review your existing share portfolio and provide
recommendations to improve performance, eliminate
risks and highlight other opportunities, taking into
account your investment objectives. We can also
construct a new share portfolio that aligns with your
overall financial plan.
• Research and advice. We proactively provide
advice of the highest standard with timely research
that covers economic, sector, industry and individual
company analyses.
• Floats, IPOs and capital raisings. JBWere is
involved in many of the corporate IPOs and new issues
in the Australian market, and we can provide you with
access to these issues (subject to availability) via your
financial adviser.
• Ideas and opportunities. Our investment ideas
cover takeovers, rights issues, switching ideas and
value opportunities. The quality of our ideas is driven
by the whole of the firm’s resources as well as the local
perspective of JBWere.
• Our website (jbwere.com) provides market information,
live share prices, market depth, research and investment
information. It also gives you and your adviser the ability
to view your CHESS holdings online.
What can you invest in through
this service?
Australian and international shares
We can execute direct share transactions in
Australia, and on most international markets around
the world through relationships with our global
broking partners.
Separately Managed Accounts (SMAs)
SMAs combine some of the best features of direct
equities and managed funds in one investment
– giving you direct ownership of a professionally
managed portfolio. JBWere SMAs are managed by
a portfolio management team that has substantial
experience in researching and managing high
conviction SMA portfolios.
Hybrid Securities
Hybrid Securities combine elements of debt
securities and equity securities to deliver a fixed or
floating rate of return to investors over a defined time
period. As a leading authority in the hybrid securities
markets, we are well placed to advise you in this area
to assist in incorporating this into your portfolio.
Exchange Traded Funds (ETFs)
ETFs are listed investments that attempt to track the
performance of a specified benchmark, currency,
or commodity region or sector. Where appropriate
we can help add ETFs to your portfolio to gain such
exposure in an efficient manner that was previously
only accessible to institutional investors.

3. Specialist stockbroking services via your financial adviser 3
About JBWere
Established in 1840, JBWere is a leading Australian
private wealth manager who provides bespoke wealth
and investment advice to Australia’s most successful
families, companies and non-profit organisations.
Quality research is at the core of JBWere’s business.
The JBWere Investment Strategy Group (ISG)
undertakes in-house research across a diversified
suite of asset classes including Australian equities,
international equities, Australian and international
fixed income, cash and alternative investments.
The breadth of market views and in-house expertise,
coupled with JBWere ISG’s Charter of Investment
Independence, enables the portfolio managers to
confidently navigate changing market conditions and
deliver an objective outcome.
The JBWere ISG adheres to a well-defined portfolio
construction methodology with extensive risk
management tools. The team’s proven track record
is a result of its consistent strategy of investing in high
conviction portfolios. The JBWere ISG picks the most
appropriate investments and invests for the long term.
JBWere is a wholly owned subsidiary of the National
Australia Bank Limited Group (the NAB Group).
This unique strategic alliance provides organisational
strength, significant depth of global investment
and economic experience, capital security, strong
governance, systems and asset platforms.
JBWere Specialist Team
Hamish Lindeman, Executive Director
Hamish has worked at JBWere for over 20 years and
manages the division that specialises in servicing financial
advisers and boutique wealth managers, assisting them
and their clients with all their direct share dealings.
Qualifications
• B.Business (Finance)
• Graduate Diploma of Applied Finance & Investment
• Accredited Derivatives Adviser Level 1 (ASX)
• Certification of Superannuation
David Bedford, Director
David has worked in stockbroking for the past 18 years
gaining valuable experience as both a Private Client Adviser
and Institutional Operator. Since 2001 he has worked at
JBWere, servicing financial advisers and their clients.
Qualifications
• B.Business (Banking & Finance)
• Graduate Diploma of Applied Finance & Investment
• Graduate Diploma of Financial Planning
• Certification of Superannuation
• Practitioner Member – Stockbroking (SDIA)
Andrew Bullard, Senior Analyst
Andrew has worked at JBWere for the past 4 years,
gaining valuable experience as both a Senior Analyst and
Operational Analyst. For the past two years he has worked
with Hamish and David in the intermediary division which
services financial advisers and their clients with direct
security dealings.
Qualifications
• B.Business (Management & Finance)
• Diploma of Financial Planning
Campbell Stevens, Analyst
Campbell started at JBWere as an operational analyst in
the account management team over 2 years ago and then
moved into the Adviser Support Team, assisting advisors
with complex administrative queries. Campbell has recently
joined the Intermediary team to help provide a high quality
service to financial advisers.
Qualifications
• B.Business (Marketing)
• Diploma Business (Marketing)

4. Important Information
This document comprises general advice only. In preparing it, JBWere Ltd (JBWere) did not take into account the investment objectives, financial situation or
particular needs (‘financial circumstances’) of any particular person. Accordingly, before acting on any advice contained in this document, you should assess
whether the advice is appropriate in light of your own financial circumstances or contact your adviser. JBWere and its respective related entities distributing
this document and each of their respective directors, officers and agents (‘JBWere Group’) believe that the information contained in this document is correct
and that any estimates, opinions, conclusions or recommendations contained in this document are reasonably held or made as at the time of compilation.
However, no warranty is made as to the accuracy or reliability of any estimates, opinions, conclusions, recommendations (which may change without notice)
or other information contained in this document and, to the maximum extent permitted by law, the JBWere Group disclaims all liability and responsibility for
any direct or indirect loss or damage which may be suffered by any recipient through relying on anything contained in or omitted from this document.
©2016 JBWere Ltd ABN 68 137 978 360, AFSL 341162. All rights reserved. No part of this document may be reproduced without the permission of the
JBWere Group. JBWere Ltd is a wholly owned subsidiary of the National Australia Bank Limited Group (the NAB Group). This communication is being
furnished to you solely for your information and may not be copied or redistributed to any other person. This information may not be redistributed in the United
States or to U.S. Persons via e-mail or otherwise.
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