Scope of Advice and Other Information

Licensing Information and Contact Details

Prosper Financial Limited is a Financial Advice Provider, which holds a full class 1 license by the Financial Markets Authority to provide financial advice.
Email: kiwisaver@letsprospernz.com
Physical Address: 16 Meredith Street, Addington, Chrictchurch

Our registration number is: FSP1007548

Financial Adviser Details

I am a Financial Adviser (FSP1007910) providing advice on behalf of Prosper Financial Limited. I have worked in financial services for over 4 years and founded Prosper NZ in 2024 to help New Zealanders grow and protect their KiwiSaver. Prosper NZ now advises and maintains trusted relationships nationwide.

I focus on partnering with clients who share a long-term approach to investing. I believe in disciplined, strategic investing and working closely with those who value expert guidance to build and sustain their KiwiSaver. My goal is to create enduring relationships, helping my clients navigate the financial landscape with confidence and helping them prosper

Qualifications

  • National Certificate in Financial Services (Financial Advice) (Level 5) – Investment, Life & Health Insurance, and Residential Property Lending strands

Contact Details

  • Phone: +64 27 341 2869

  • Email: jp@letsprospernz.com

  • Physical Address: 16 Meredith Street, Addington, Christchurch

Nature and Scope of Advice

I provide financial advice on the following areas:

  • KiwiSaver Investment Advice

We are not tied to any product provider, and the specific details of the KiwiSaver/Investment solutions we recommend will be detailed in your written advice. Prosper NZ is 100% owned by Jarred Percival. I only recommend investment solutions I would personally invest in myself.

We do not hold any of our clients’ investments in our name. They are held on the client’s behalf by a registered custodian which is regulated by the Financial Markets Authority under the Financial Markets Conduct Act.

The Six-Step Financial Advice Process

  • Establish the Client Relationship – Define the scope of service.

  • Gather Data – Collect relevant financial and personal details.

  • Analyse & Evaluate Financial Status – Develop strategies tailored to your needs.

  • Develop & Present Recommendations – Provide a Statement of Advice.

  • Implementation – Assist with applying to the recommended provider.

  • Monitor & Review – Ongoing updates and adjustments based on your needs.

Initial Consultation

We offer a complimentary 30-minute discovery session. Any additional fees will be discussed and agreed upon before proceeding.

KiwiSaver Advice

We provide independent KiwiSaver advice and have the expertise to help clients navigate the entire KiwiSaver market. Our ability to advise on any KiwiSaver solution means we can tailor recommendations to align with your financial goals, risk tolerance, and investment preferences.

We have established agreements with the following KiwiSaver schemes, which compensate us for providing financial advice:

  • Generate KiwiSaver Scheme

  • Booster KiwiSaver Scheme

  • NZ Funds

We do not charge an upfront fee for KiwiSaver advice—this service is complimentary and comes with no obligation. If you decide to implement our KiwiSaver advice, we are remunerated by the KiwiSaver provider through an ongoing percentage-based fee. This is fully disclosed in the written advice. You therefore receive a no-obligation KiwiSaver comparison at no cost, with a fee only applying if you proceed with the recommended solution.

Regardless of the provider, our advice is always in your best interest, and all fees will be fully disclosed upfront, no surprises. 

Conflicts of Interest & Incentives

  • Prosper NZ receives client fees and commissions, and I am remunerated through a shareholder salary.

  • I disclose all fees, commissions, or incentives related to my advice.

  • Compound Wealth does not have any preferential arrangements or financial obligations with providers that could influence advice.

  • No commissions are accepted for client referrals to solicitors, accountants, or property specialists. Referrals are made purely based on expertise.

Complaints Process

If you are dissatisfied with our service, you can make a complaint by:

  • Emailing: jp@letsprospernz.com

  • Calling: Jarred Percival on +64 27 341 2869

Internal Complaints Process

  • We acknowledge receipt of your complaint and assess how we can resolve it.

  • We aim to resolve complaints within 10 working days. If more time is needed, we will inform you with an estimated resolution timeframe.

  • We will communicate our resolution to you via phone or email.

External Dispute Resolution

If we cannot resolve your complaint, you can contact the Financial Services Complaints Limited (FSCL):

  • Address: Level 4, 101 Lambton Quay, Wellington 6011

  • Phone: 0800 347 257

  • Email: complaints@fscl.org.nz

  • Website: https://fscl.org.nz/

Your Privacy

  • We collect personal information to deliver suitable financial advice.

  • You have the right to access and correct any personal data we hold about you.

  • Records are securely stored and accessed only by authorised personnel.

  • We may share your information with insurers, statutory regulators, compliance auditors, or other relevant parties only as required.

Privacy Complaints

If you have concerns about how your data is handled, you may contact the Office of the Privacy Commissioner:

  • Address: PO Box 10 094, The Terrace, Wellington 6143

  • Phone: 0800 803 909

  • Email: enquiries@privacy.org.nz

Variations

  • This document may be updated periodically.

  • A revised version is available upon request but will not be automatically provided.