Ord Minnett
Industry | Financial services |
---|---|
Founded | 1951 |
Founder | Charles Ord Jack Minnett |
Headquarters | Sydney, Australia , Australia |
Key people | Karl Morris CEO and Managing Director |
Services | Financial Advice |
Website | www.ords.com.au |
Ord Minnett is an Australian wealth management company.
History
“Ords”, as it’s known by clients and the industry, offers financial advice and investment management for individuals, families, businesses and organisations, enabling them to protect and grow their wealth.
With corporate origins dating back to 1872, the Ord Minnett name was established in 1951 by Charles Ord and Jack Minnett after meeting in the Australian Imperial Force in the Second World War. The pioneering spirit of the namesake lives on today.
Ords specialises in wealth management, investment advice and corporate finance and has in house research teams that provide clients with access to high quality investment insights.
In 1969, Bankers Trust and Ord Minnett formed BT-Ord, a merchant bank with Ord Minnett having a 60% shareholding. Ord Minnett sold out to Bankers Trust in 1972.[1]
Westpac purchased a 50% shareholding in July 1984, before exercising an option to take full ownership in April 1987.[2][3][4] Westpac sold out in August 1993, with Jardine Fleming and staff each owning 50%.[1][5][6] Australian Wealth Management purchased a 70% shareholding in May 2008 with JPMorgan Chase, that had purchased Jardine Fleming, retaining 30%. In September 2019 Ord Minnett was sold in a management buyout.[7][8][9]
Ords’ advisers are decided to forging relationships that last. It’s the duty and privilege of people at Ords to put their clients first.
It’s why Ords has been building wealth for generations.
References
- ^ a b Bain, Jim (2007). A Financial Tale of Two Cities. University of New South Wales Press. ISBN 978-0868409634.
- ^ Westpac launches new service Canberra Times 12 November 1985 page 17
- ^ Business Briefs Canberra Times 2 April 1987 page 13
- ^ Were Climbs Back into Hot Seat Australian Financial Review 12 November 1993
- ^ Ord Minnett sale sparks expansion Canberra Times 3 August 1993 page 11
- ^ JF in Ord Minnett stake South China Morning Post 24 September 1993
- ^ Ord Minnett management take control as IOOF and JP Morgan exit Business News Australia 27 June 2019
- ^ IOOF sells out of Ord Minnett in $115m deal with management Sydney Morning Herald 27 June 2019
- ^ IOOF announces the completion of the sale of Ord Minnett IOOF 24 September 2019
- v
- t
- e
- Beacon Rail
- Chase Bank
- Chase UK
- Chase Paymentech
- Chase Card Services Canada
- EMC Mortgage Company
- Highbridge Capital Management
- JP Morgan & Co
- One Equity Partners
executives
current |
|
---|---|
former |
|
directors
- Linda Bammann
- Steve Burke
- Todd Combs
- James Crown
- Jamie Dimon
- Timothy Flynn
- Laban Jackson
- Mellody Hobson
- Michael Neal
- Phebe N. Novakovic
- Virginia Rometty
components
- American Fletcher
- American Savings and Loan
- Anchor Savings Bank
- Banca Commerciale Italiana Trust Co.
- Bank One
- Bank United of Texas
- Bear Stearns
- CenTrust Bank
- Chase Manhattan Bank
- Chemical Bank
- Continental Bank & Trust
- Corn Exchange Bank
- Dime Savings Bank of New York
- First Chicago
- First USA
- Fourth National Bank of New York
- Great Western Bank
- Hambrecht & Quist
- HF Ahmanson & Co.
- Indiana National
- Jardine Fleming
- JP Morgan & Co
- Lincoln Savings
- Manufacturers Hanover
- Mechanics and Metals National Bank
- National Bank of Detroit
- National Bank of Commerce in New York
- National Park Bank
- New York Trust Company
- Ord Minnett
- Providian
- Robert Fleming & Co
- State Bank of Chicago
- Texas Commerce Bank
- The Manhattan Company
- Trust Company of America
- Valley National Bank of Arizona
- Washington Mutual
- 125 London Wall
- 245 Park Avenue
- 25 Bank Street
- 270 Park Avenue (1960–2021)
- 270 Park Avenue (2021–present)
- 277 Park Avenue
- 383 Madison Avenue
- Chase Center
- Chase Field
- Chase Tower (Amarillo)
- Chase Tower (Chicago)
- Chase Tower (Dallas)
- Chase Tower (El Paso)
- Chase Tower (Englewood, Colorado)
- Chase Tower (Indianapolis)
- Chase Tower (Milwaukee)
- Chase Tower (Oklahoma City)
- Chase Tower (Phoenix)
- Chase Tower (Rochester)
- Chater House
- Indiana Michigan Power Center (Fort Wayne)
- JPMorgan Chase Building (San Francisco)
- JPMorgan Chase Tower (Houston)
- McCoy Center
- One Chase Manhattan Plaza
- The Qube (Detroit)
- Category
- Commons
- Wikiversity