BRICKX

How it works

The BRICKX Platform empowers investors to invest and transact in indirect part ownership of underlying properties in units called Bricks and enjoy the benefits of reduced investment processes and costs. As an investor in Bricks you can benefit from the monthly rental income and/or capital returns of your investment properties without the hassle of leasing and managing the property. You receive regular valuation updates of your Brick holdings, as well as access to each property’s historical suburb data, due diligence documents and investment cases. In addition, the BRICKX Platform allows you to list your Bricks for sale when you decide.

Category

• Saving
• Investing
• Superannuation

Type of help

• DIY Tool

Where can I get this?

Online

Are there any other availability restrictions?

Must be an Australian taxpayer

Services Offered

Will I learn what type of risk taker I am?

No

Will it produce a financial plan?

No

What types of investments are available?

Unlisted Managed Funds

How many investment portfolio options are available?

5 investment strategies

Where can I invest?

• Australia

Who manages my investments?

BRICKX

In whose name are investments held?

Your Name

Is there professional research available on the investment options?

Not Applicable

Will it allow me to trade automatically?

No

Will it automatically rebalance my portfolio?

No

Will it provide reports on my investment performance?

Yes

Cash management account

No

Automated alerts and updates

Yes

Can I access other professional help through this service?

• No

On which platform can I use this?

• Computer
• Tablet
• Smartphone

Account opening & closing

How do I create an account?

Online

Account opening speed

• 5 minutes

Will it capture my personal financial information automatically?

No

Will I be asked questions about my situation?

No

How fast can I get my invested money back?

1 Day

Who it's for

Accessable by

Myself

Life stage

• Starting Out
• Mid-Career
• Established
• Retiring
• Winding Down

Type of customer

• Consumer
• SMSF

Advice stage

Implement Financial Plan

What is the minimum amount I have to invest?

75

What is the minimum amount I have to be earning?

Not Applicable

Customer service & support

Is there general financial education information provided?

Yes

Customer support

• Email
• Phone
• Live Chat
• FAQ

Who do I complain to as a last resort?

• Australian Financial Complaints Authority (AFCA)

What it costs

Fee structure

• Transaction Fees

Minimum contract period

Not Applicable

Free Trial

No

Payment method

• EFT
• BPay

Is it legitimate & secure

Trading name

The Brick Exchange Pty Ltd

Who owns the company

BridgeLane Capital Pty Ltd, Reinventure Group, NAB Ventures

Who runs the business

• Markus Kahlbetzer, Anthony Millet

Date founded

2014

Number of staff

22

Security & Regulatory Compliance

Will it verify my identity?

Online

Will it send me a confirmation security number to sign-up?

No

Are my records destroyed when I leave?

No

Is there detailed documentation about the product?

Yes

What company holds the financial license?

BRICKX Financial Services Limited

Financial Services Guide?

Yes

Contact Information

Website

Visit website

Email

Send email

Phone Number

02 8766 0566

Address

10/17-19 Bridge St, Sydney, NSW 2000

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