Justin Greiner

JBWere announced it has entered into a new strategic research and distribution alliance with investment bank, Moelis Australia.

The non- exclusive arrangement will allow JBWere’s Australian clients to access a broader range of equity deals and Initial Public Offerings. Additionally, JBWere clients will benefit from access to Moelis’ specialist investment research, covering over 60 companies in Australia with a strong focus on small/mid cap companies and the real estate sector.

JBWere Chief Executive Officer, Justin Greiner, said “We are committed to providing a market leading and differentiated service to our private wealth clients”.

“This alliance with Moelis Australia is another important step forward for our business, extending what is already a comprehensive offering to our clients. We are excited to have the opportunity to partner with another leader in the financial services industry”, Mr Greiner said.

Andrew Pridham, Chief Executive Officer of Moelis Australia, said “We are delighted to establish this alliance with JBWere given it is such an established and respected private wealth manager. We look forward to working with their network to deliver both our differentiated small and mid-cap equity research and access to our pipeline of Equity Capital Market transactions”.

The alliance with Moelis Australia is part of JBWere’s strategic plan to diversify its research and distribution arrangements. Earlier this year, JBWere announced a non-exclusive arrangement with investment bank, UBS.

The post JBWere announces strategic alliance with Moelis Australia appeared first on AdviserVoice.

Andrew Hagger

JBWere announced it has entered into a new strategic alliance with investment bank UBS, which will strengthen its wealth management capabilities and allow a broader offering to its private wealth clients.

JBWere is embarking on a new strategy of non-exclusive research and distribution arrangements. Today’s announcement with UBS is the first of these agreements.

The non-exclusive arrangement will allow JBWere’s Australian clients to access UBS’s pipeline of equity deals and IPOs as well as accessing domestic and international investment research, covering more than 3,000 stocks in Australia, New Zealand and internationally.

JBWere CEO Justin Greiner said: “The alliance with UBS is fantastic for our private wealth clients and will allow them to access a large and diverse range of world-class research and products.”

“For 175 years, JBWere has helped grow and protect the wealth of our private wealth clients and we have a responsibility to continue to access the best possible research and product offering in an evolving market. The alliance with UBS will allow us to further fulfil this responsibility”.

Anthony Sweetman, Head of Corporate Client Solutions, UBS Australasia said: “The alliance allows two of the oldest and most prestigious financial services firms in Australia to continue to help their respective clients achieve their goals. The strategic partnership both strengthens our distribution network for equity capital market transactions and offers JBWere access to our leading global investment research.”

National Australia Bank (NAB), the majority shareholder in JBWere, has also announced today that it will exercise its option to acquire the remaining 19.9% share in JBWere from Goldman Sachs, reinforcing NAB’s commitment to the private wealth manager and its clients.

“We are pleased to also announce that NAB has purchased the remaining share of JBWere from Goldman Sachs. JBWere plays an important role in our client offering, and this deal cements our commitment to our clients and business,” said NAB Wealth Group Executive Andrew Hagger.

JBWere New Zealand will not be impacted by this change and will continue to work on its own arrangement with Goldman Sachs.

The post JBWere announces strategic alliance with UBS appeared first on AdviserVoice.

JBWere CEO, Justin Greiner, said the new appointments will further enable JBWere to focus on improving client experience, and the growth and development of the business.

“For more than 175 years JBWere has been at the forefront of wealth management, offering premium wealth strategies, advice and investments to Australia’s most successful people, companies and “For-Purpose” organisations.

“The industry is changing, advice needs are changing, and as a result we are seeing a significant shift in the way businesses operate. As a business, it is important to set ourselves up for ongoing success in a way that allows us to be flexible, innovative and dynamic.

“We want to deliver on our mission to build a world-class private wealth business, and I have no doubt that these appointments will build on the resources and personnel we currently have to help us achieve this goal”, Mr Greiner said.

General Manager Advice – Neville Azzopardi

Neville Azzopardi will join JBWere as General Manager – Advice. Neville brings more than 20 years’ experience in Wealth Management and Private Banking both in Australia and overseas. Neville was most recently the National Head of Markets at UBS Australia, where he oversaw over 100 high net worth client advisers. Prior to this Neville was Managing Director and Singapore Country Team Head for UBS Wealth Management in Singapore.

General Manager Products & Markets – Ariane Barker

Ariane Barker will join JBWere as General Manager – Products & Markets. Ariane brings more than 20 years’ experience in international capital markets and finance. Ariane has previously worked at Merrill Lynch, Goldman Sachs and HSBC. Her most recent Executive role was Vice President – Equities in Hong Kong, a role which focused on the Institutional Client Global equity build for HSBC Asia.

Head of Operations and Strategic Delivery – Gerrik Gratz

Gerrik Gratz has accepted the role of Head of Operations and Strategic Delivery. Gerrik has been with JBWere since 1999 and has led teams in Distribution, Operations and Technology. Most recently Gerrik has been leading the Investment Services business as well as having responsibility for Strategic Planning at JBWere.
The appointments take effect on Monday, 23 November

The post JBWere announces three senior appointments appeared first on AdviserVoice.

Mr Dass joined JBWere in November 2012 and will lead a team dedicated to providing specialist advice to both non-profit organisations and private clients in areas ranging from the structuring of philanthropic giving to governance structures and organisational strategy.

JBWere CEO Justin Greiner said: “Working with and servicing charitable and not-for-profit clients has been a key cornerstone of the growth and history of JBWere over its 175 years of existence.

“We are delighted to have someone of Shamal’s experience lead the Philanthropic Services team. Client needs are evolving and Shamal’s experience advising clients on their philanthropic structures – as well as building investment portfolios and managing trusts and foundations – will allow us to continue to grow our business to meet these changing needs.”

Speaking of his appointment Mr Dass said: “I am excited to be leading a team of highly skilled professionals dedicated to providing a market-leading experience to our clients. We are committed to helping our clients achieve their mission by providing tailored strategic advice and exclusive development and capacity building opportunities.”

In 2001 JBWere established a dedicated Philanthropic Services team to provide specialist services to the firm’s charitable and NFP clients, as well as individual clients and family groups with an interest in philanthropy.

JBWere’s Wealth Management and Philanthropic Services teams manage over 350 accounts for clients that operate in a not-for-profit, tax-exempt environment with FUM exceeding $2.8 billion.

The post JBWere confirms new senior appointment appeared first on AdviserVoice.