Hobson, Jarden wake up wealth management

Warren Couillault, Hobson Wealth's executive director. (Image: Supplied)

Wed, 01 Nov 2023

After a sleepy period dating back to when the New Zealand stock exchange put QuayStreet to bed last November, the NZ wealth management sector has woken up this week to a couple of rumoured merger deals.Firstly, in a sale that has reportedly been in the offing for some time, industry insiders suggest Forsyth Barr is in the box seat to buy the mid-tier player Hobson Wealth.Hobson has more than $4 billion in assets under management with 35 financial advisers under its wing but flies below the shadow of the big three broker-based wealth firms &ndas...

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