Aera is a New Zealand registered financial services provider (FSP1003388 and FSP1003389 on the NZ Financial Services Provider Register), built by Kiwis for Kiwis.
We are members of the Financial Services Complaints Limited (FSCL# 6905) for disputes as well as being subject to New Zealand regulations.
All customer funds are held in trust by our custodian company, Aera 22 Nominee Limited. This means that we do not do anything with those funds without instruction.
All funds are held in individual customer names as the legal and beneficial owner of the funds.
Our company operating funds are never intermingled.
We are not a bank, but all assets held by our Nominee company are held in major financial institutions and multi-asset managers based in NZ.
All cash is held in one of the major New Zealand banks.