| Industry | Financial services |
|---|---|
| Founded | 1951 |
| Founder | Charles Ord Jack Minnett |
| Headquarters |
,
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.
“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.
