Category: Press Release

Intrepid Wealth has advised clients that its fees will increase by 4.50%, effective 1 July 2026, in line with the Consumer Price Index (CPI).

According to the firm, the adjustment reflects the rising cost of delivering financial advice services and is intended to support the continued provision of high-quality advice and client service.

Fee Disclosure Statements

Clients will also receive their Fee Disclosure Statement (FDS) in the coming weeks.

Once received, clients are encouraged to review and sign the document promptly to help ensure there is no interruption to their ongoing financial advice services.

Questions and Support

Clients with questions about the fee adjustment, their Fee Disclosure Statement, or how the changes may apply to their circumstances are encouraged to contact their adviser directly for further information.

Intrepid Wealth has acquired an accounting practice as part of its ongoing effort to provide clients with a more comprehensive range of financial services.

The search for a suitable firm began more than 12 months ago, with the objective of finding a practice that specialised in self-managed super funds (SMSFs) while also offering broad accounting and taxation expertise.

The acquired firm, Intrepid Wealth Accounting Services (formerly QuantumX), will continue to operate from Quirindi, New South Wales.

According to Intrepid Wealth, the acquisition has been made to deliver a more holistic experience for clients by bringing accounting, taxation and financial services together under one group.

Client Transfer Process

Intrepid Wealth has begun transferring SMSF, personal and business accounts to the new firm.

However, changes to Australian Taxation Office (ATO) client transfer rules introduced in November 2025 mean clients must first manually nominate QuantumX as their tax agent before a bulk transfer can take place to Intrepid Wealth Accounting Services.

Once all client nominations have been completed, Intrepid Wealth will undertake a bulk transfer with the ATO.

How to Add QuantumX as Your Tax Agent

A step-by-step video guide is also available:

Instructions on How to Add QuantumX Tax Agent

Note: You may already have your business/entities set up in RAM. If so, you can skip directly to Step Three.

Step One

Ensure you have the myID app installed on your phone and that your identity strength is set to Strong.

Instructions are available here. https://www.ndiscommission.gov.au/how-set-myid

If you experience difficulty obtaining a Strong identity, contact the Australian Taxation Office on 1300 287 539 (select Option 2, then Option 1) and advise that you are trying to obtain a Strong identity.

Step Two

Log in to Relationship Authorisation Manager (RAM) using your myID:  https://authorisationmanager.gov.au/#/login

Then:

• Select Add a business.
• Click Link your business, then Continue.
• Enter your personal address details.
• Add the relevant entities. Your SMSF or corporate trustee should appear automatically.

Step Three

Log in to ATO Online Services for Business using your myID: Online services for business login page | Australian Taxation Office

Then:

• Select your SMSF and click Next.
• Navigate to Profile → Agent Details.
• Under Agent Nominations, select Add.
• Enter the QuantumX agent number: 69894006.
• Confirm the details match and submit the nomination.

Once completed, clients are asked to notify Intrepid Wealth so QuantumX can accept the nomination.

Need Assistance?

Clients who have questions or experience difficulties during the process are encouraged to contact Shannon for assistance.

Intrepid Wealth has announced plans to transition investments currently held through Keystone Cashflow Fund A (KCFA) into the newly established Intrepid Wealth Co-operative, following approval of the new investment structure.

The transition forms part of a broader initiative to strengthen governance, improve transparency, and increase member participation, while maintaining access to the investment opportunities currently available to investors. Over time, all investments held within KCFA are expected to move into the co-operative.

Why the Change?

The Intrepid Wealth Co-operative has been established as the primary vehicle for managing and holding investments with Pallas Capital, as well as future investment opportunities.

According to Intrepid Wealth, the co-operative structure is designed to provide:

• Greater transparency for participants.
• A member-based structure that encourages engagement and alignment of interests.
• Enhanced governance and oversight.
• A long-term framework to support the continued growth of the firm’s investment offerings.

What the Transition Means for Investors

The investment strategy and access to investment opportunities will remain in place. The primary change is the legal structure through which investments are held, moving from Keystone Cashflow Fund A to the Intrepid Wealth Co-operative.

As part of the transition process, investors will receive:

• A Co-operative Disclosure Document for review.
• Membership and application documentation where required.
• Information outlining the transition process and key dates.
• Opportunities to ask questions before any transfer is completed.

Initial Transition and Product Changes

The monthly cash flow product will be the first investment to transition into the new structure.

Alongside the transition, Intrepid Wealth has advised that the payment structure will change, including an increase in the overall delivery rate. Under the new arrangement, returns will be delivered through a combination of monthly income payments and an annual top-up. Further details will be provided in the Co-operative Disclosure Documents.

Next Steps

No immediate action is required from investors at this stage. Intrepid Wealth will contact investors individually with the relevant documentation and instructions specific to their circumstances.

The firm has acknowledged that changes to an investment structure may raise questions and has indicated that investors will have the opportunity to seek clarification before any transfer is completed.