Transitioning from SRN to a HIN: Ensuring Shareholder Security

In today’s fast-paced digital world, the rise of Artificial Intelligence has brought about a host of benefits, from streamlining operations to personalising user experiences. However, it has also escalated the risk of identity fraud and share theft, with these cybercrimes reaching an all-time high.

This is particularly concerning for shareholders with an SRN (Security Reference Number), which are often more susceptible to these security threats.

Protecting your shares with a Holder Identification Number (HIN)

At JM Investments, we firmly believe that protecting your hard-earned assets should be a top priority. This is why we advocate for the transition of shares from SRN to a HIN (Holder Identification Number) with a security-focused advisor. Not only does this shift offer a host of advantages, but it also provides additional layers of security to safeguard your investments.

The Full-Service Stock Adviser Advantage

When you engage with a good financial advisor, you’re not just seeking their investment expertise. You’re also leveraging their robust security measures designed to protect you from potential fraud. At JM Investments, we pride ourselves on the strength of our client relationships. Our advisors are attuned to spotting anything out of the ordinary, acting as the first line of defence against fraudulent activity.

Boosting Security with Personalised Measures

Beyond the relationship with your advisor, you also benefit from extensive back-office security protocols. We use one of the best in the business with Morrisons Securities.
Modern brokers can also enable optional security features, such as the requirement for orders to come from a specific phone number or the use of personalised instructions between advisor and client – serving as an additional form of multi-factor authentication.

Streamlining Estate Administration with a HIN

Having all your shares consolidated in one place via a HIN simplifies estate administration, saving time and reducing complexity for both you, your solicitor and your loved ones.

*JM Investments is a Deceased Estate Share Specialist, working with Estate firms all over Australia to simplify their Discovery, Transfer and Sale of shares in deceased estates.

The Ease of Transition at JM Investments

The best part? Transitioning your shares to a HIN with JM Investments is super simple and most of the time costs nothing*. As part of the process, we can also conduct a ‘Blind Share Search‘ service, ensuring that your estate team doesn’t have to deal with the hassle when the time comes.

In conclusion, the increased security provided by moving shares from SRN to a HIN at a full-service stock broker cannot be overstated. It’s an essential step to ensure the safety of your investments, the simplification of your estate, and most importantly, your peace of mind.

Contact us to talk about the safety of your investments.

Jon Moses
Managing Director
JM Investments