Ord Minnett launches Tas office
Wealth management group Ord Minnett has opened a new office in Hobart, Tasmania, led by Luke Rybarczyk, senior investment adviser and branch manager.
“Ord Minnett was the right choice for our clients given a strong history of servicing a wide range of private clients large and small,” Rybarczyk said.
“Ords has a proud history and heritage of service excellence and is well known for their quality domestic research having been awarded ‘Number 1 Emerging Company Research’ in recent years. I strongly feel the all-round offering for clients is second to none.”
The Hon. Warwick Smith AO, Ord Minnett chair and Tasmanian native, said the new office was an opportunity to expand the firm’s national footprint.
“Importantly, Ord Minnett is delighted to be able to provide clients in Tasmania access to Ords’ trusted and professional wealth management advice and services,” Smith said.
Recommended for you
As the first quarter of 2024 comes to a close, Money Management looks back on the corporate regulator’s bans and AFSL cancellations in the financial advice sector.
Insignia Financial is holding ‘relatively steady’ onto its rank as Australia’s second-largest financial advice licensee after the Godfrey Pembroke exit but Count is hot on its heels.
Liberal senator Slade Brockman has said the government needs to have a “cold hard look” at the level of regulation in the financial advice space and the costs of running a business.
FAAA chief executive, Sarah Abood, has warned changes in the first tranche of the QAR legislation around advice fees documentation could create more work for advisers rather than less.