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Ord Minnett opens Tasmanian branch

The wealth management group has expanded into Tasmania with the opening of a new office headed by a former Bell Potter adviser.

In a statement, Ord Minnett said it had opened a new office in Hobart led by senior investment adviser and branch manager Luke Rybarczyk, supported by office manager Nathalie Leonard.

Mr Rybarczyk was previously a client adviser at Bell Potter and derivatives trader for global firm Optiver.

“Ord Minnett was the right choice for our clients given a strong history of servicing a wide range of private clients large and small,” Mr Rybarczyk said.

“Ords has a proud history and heritage of service excellence and is well known for their quality domestic research. I strongly feel the all-round offering for clients is second to none.”

Ord Minnett chairman Warwick Smith said the expansion was an exciting development for the firm.

“The new Ord Minnett Hobart office represents a welcome opportunity to expand the national footprint for Ord Minnett as one of Australia’s most respected private wealth firms,” Mr Smith said.

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“Importantly, Ord Minnett is delighted to be able to provide clients in Tasmania access to Ords’ trusted and professional wealth management advice and services.”

The group said its Hobart office would “service all private investors to provide the highest level of both customer service and personal investment advice”.

“Clients will have access to advice and research across a wide range of investment options including domestic equities, international equities, diversified products such as listed investment companies and exchange traded funds, fixed interest products and term deposits,” Ord Minnett said.

“Clients will also be invited to participate in exclusive access to IPOs, company placements as well as informative presentations and client functions.”