An Australian Financial Services (AFS) Authorised Representative is an individual or firm that is authorized by an AFS licensee to provide financial services on behalf of the licensee. AFS licensees are companies that have been granted a license by the Australian Securities and Investments Commission (ASIC) to provide financial services. An AFS Authorised Representative must have a formal agreement with the AFS licensee and must be supervised by the licensee. The representative is responsible for providing financial services to clients and must adhere to the same legal and ethical obligations as the licensee. The representative may be an individual with appropriate qualifications and experience, or it may be a firm with a team of financial advisers.
Last update: Dec. 21, 2025