Professional Investment Services

Professional Investment Services (PIS) is an Australian Financial Services Licence (AFSL) holder, providing financial advice and related services to Australians of all walks of life through over 300 authorised representatives.

Professional Investment Services is a wholly owned subsidiary of Centrepoint Alliance Limited (Centrepoint Alliance), an ASX listed company; and a part of Centrepoint Alliance Financial Advice, the financial advice division of Centrepoint Alliance.

Centrepoint Alliance gained control of Professional Investment Services during 2010 and in December of that year PIS entered into an enforceable undertaking with the Australian Securities and Investments Commission to review and improve its compliance practices and processes. This was concluded in mid-2013 and was followed by a voluntary monitoring program by independent experts from July 2013 to July 2014.

Under Centrepoint’s control, PIS worked closely with ASIC and independent experts to completely overhaul its compliance management, practices and culture. The number of authorised representatives was reduced by over two thirds, and rigorous standards, processes, systems and monitoring were implemented.

When concluding the monitoring program in mid-2014 ASIC noted that “the independent expert has reported that PIS has achieved a significant improvement in its compliance and audit functions, along with a commitment to enhancing its financial advice risk management framework”.

Centrepoint Alliance and Professional Investment Services are committed to maintaining the highest standards and rigorous compliance processes in the provision of advice and related services.

If you’re looking for financial advice, please contact us and we’ll put in touch with a Centrepoint Alliance adviser.

If you’re an adviser looking for a new dealer group home, visit the Financial Advice section to see how we can help you. Alternatively, click the join us button to get in touch with us.

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Company Information:
Professional Investment Services Pty Ltd
Level 9, 10 Bridge Street
Sydney NSW 2000
ABN 11 074 608 558 | AFSL 234951