Goldridge Wealth Management Enters Joint Venture With Ginger Group
Goldridge Wealth Management FSP39961 (Goldridge), one of New Zealand’s leading wealth management groups, has announced that it has entered into a joint commercial venture with Ginger Group to provide its impartial I3MP® wholesale investment solution to advisers nationwide.
Goldridge has been operating as an autonomous financial service provider for over 10 years, and has established a strong reputation for its quality investment management and analysis capabilities.
The network of advisers within Ginger Group, the recently launched merger of PIS, Minerva and Brokers Independent Group, will actively access Goldridge’s impartial wholesale investment solution (I3MP®). The arrangement with Ginger Group will extend both organisations’ capacities to offer a broader scope of services.
Goldridge chairman Daniel Mintz said, “Goldridge now offers its solid, finely-tuned and impartial I3MP® investment solution to external like-minded advisers and network groups, and this new joint venture with Ginger Group offers an exciting opportunity for us to deliver our unique service to a dynamic national network.”
David Whyte, CEO of Ginger Group, said, “Daniel and the Goldridge team share similar values to the Ginger Group team. The expertise and experience in Goldridge is an outstanding resource which fits perfectly with our strategy and is consistent with the concept of extending the scale and scope of adviser support services.”
Goldridge is a 100% privately-owned New Zealand financial services and investment planning company. It was established in 2000 by financial management advisers, and is independent of any fund manager or bank. Goldridge financial advisers have many years of combined experience in financial planning and business management. Their investment management is based on well-researched, diverse and comprehensive strategies covering a wide range of assets.
Ginger Group resulted from the merger of three established distribution organisations: financial services and investment firm PIS (NZ) Ltd, the Minerva Group (which undertook a joint venture with PIS in early 2010 to form Minerva PIS (NZ)), and Brokers Independent Group (BIG), an advisory group with a substantial training and business support arm for financial advisers. Ginger Group comprises more than 400 financial services practitioners across all branches of the industry.
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About Goldridge Wealth Management
Goldridge is a 100% privately-owned New Zealand financial services and investment planning company. It was established in 2000 by financial management advisers, and is independent of any fund manager or bank. Goldridge financial advisers have many years of combined experience in financial planning and business management. Their investment management is based on well-researched, diverse and comprehensive strategies covering a wide range of assets.
About Ginger Group
Ginger Group is a support services company for financial services organisations and advisers. The Group was formed when three distribution organizations combined their resources to achieve a common goal.
Professional Investment Services (NZ) Ltd, one of the first distribution groups in New Zealand, formed in 2001 and originally focused on financial services, investments and relationships with Accountants throughout New Zealand.
In the past nine years, and supported by a very powerful Australian parent, Professional Investment Services has developed some of the best systems and business processes in the financial services industry.
Minerva Group Ltd was founded in 2007 with advisers in Auckland, Waikato, and Bay of Plenty. It focused on knowledge and education, particularly in relation to business insurance issues and the development and management of its advisers’ own businesses.
Brokers Independent Group Ltd (BIG) began in 2004, with a focus on bringing new practitioners into the industry and providing the training and support to help members become highly successful. The business was founded out of Kevin and Nicola Smee’s company Solutions Financial Services Ltd, and supported advisers wanting to build their own professional brand while retaining access to a group with support and training opportunities.
In early 2010, Minerva Group’s founding partners Maurice Trapp and Brent Wright established a joint venture with PIS (NZ) Ltd, combining systems, processes and resources, and an association with accountancy practices.
The combination of Minerva PIS Ltd with BIG has resulted in Ginger Group, with common values of ‘care, share and dare to be different’. The group’s aims are to support recruitment and development of new people into the financial services industry; support education and training as the future of the industry; support better systems and processes for advisers; and facilitate optimal adviser-client interaction.