Australian wealth management group Ord Minnett has opened a new office in the island state of Tasmania as part of its efforts to bolster its national footprint.
The new office in Hobart will offer full-service stockbroking and financial planning services.
Luke Rybarczyk, who was previously associated with Bell Potter as a client adviser, will lead the Ord Minnett Hobart office, while Nathalie Leonard will serve as the office manager.
Commenting on the opening of the new office, Rybarczyk said: “Ord Minnett was the right choice for our clients given a strong history of servicing a wide range of private clients large and small,” he said.
“Ords has a proud history and heritage of service excellence and is well known for their quality domestic research.”
The new office will offer private investors with personal investment advice on a range of options includes domestic equities, international equities and diversified products.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
The clients can participate in initial public offerings (IPOs), company placements, informative presentations and client functions.
Founded in 1950s, Ord Minnett offers full-service stockbroking, financial planning, funds management and portfolio services. Currently, it manages more than A$35bn in Funds Under Advice.
In November last year, the company signed an agreement to acquire EL&C Baillieu to further increase its presence in the home market.
EL&C Baillieu provides on stockbroking, private wealth management, corporate finance, institutional equities and philanthropic services.