Former BNZ head of financial advice goes independent

Former BNZ head of financial advice goes independent
Staff reporters
Donna Nicolof, who served as BNZ’s head of advisory for six years, has founded a commission-free financial advice firm, Paua, as an alternative to an industry mired in conflicts of interest.“The model that we are setting up is one that we believe is going to be the future of how advice is delivered,” Nicolof said.Paua provides wealth management services to wholesale investor clients including high net worth individuals, family offices, select not-for-profit foundations and trusts.The firm, founded with former BNZ bankers Chris...