FMA censures Christchurch firm Opes over financial advice licence breaches

Ed McKnight and Andrew Nicol of Opes Partners. (Image: Supplied)

Thu, 11 Dec 2025

The Financial Markets Authority has censured the Opes Group Holding Company for breaching several obligations.The Christchurch-based financial services firm failed to comply with several requirements under its Financial Advice Provider (FAP) licence, the Financial Markets Authority (FMA) found.“We made the decision to censure Opes because there were shortcomings in its record keeping, how it ensures client understanding of the advice, its management of conflicts of interest and oversight of its advisers,” the FMA's executive dir...

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