Zipped lips on rumoured Hobson Wealth sale

Hobson Wealth chair and chief executive Warren Couillault said the company didn't comment on anything that could be 'commercially sensitive'. (Image: Hobson Wealth)

Ella Somers

Tue, 21 Nov 2023

Forsyth Barr is sticking to a tight script around mounting speculation that the wealth management firm is the top bidder in the rumoured sale of Hobson Wealth.Hobson has more than $4 billion in assets under management, but it's still a much smaller financial fish in the sea of broker-based wealth firms, which has giant players in the form of Forsyth Barr, Jarden and Craigs Investment Partners.Earlier in the month, Forsyth Barr and Craigs IP were allegedly the two top bidders.'Going well'On Saturday, a well-placed source sa...

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