Spicers and Gould Wealth Management join forces

5 March 2009  

Spicers Portfolio Management has boosted its strength as a leading New Zealand financial planning firm by joining forces with Gould Wealth Management under the Spicers brand name.

Gould Wealth Management was established last June when Christchurch based investment firm Gould Holdings attracted clients from Vestar

Spicers has been operating successfully for over 20 years and advises on more than NZ$1.2 billion on behalf of its clients

Gordon Noble-Campbell, Spicers CEO, says today’s development will lift Spicers funds under advice to around NZ$1.5 billion making it one of the largest dedicated financial planning firms in New Zealand.

“This is an exciting expansion where Gould Wealth Management clients stand to benefit from greater certainty, resources and expertise provided by the combined companies during these turbulent times.”

“Clients will gain access to Spicers’ proven investment research, management and governance expertise.”

Gould Wealth Management CEO Jeff Staniland says the deal with Spicers makes good sense

“We have guaranteed continuity of service for our clients who in the meantime will be able to retain their current financial adviser. It also provides the opportunity for ongoing employment for our advisers and staff.”

“Spicers have the ability to help Gould Wealth Management clients achieve the best possible outcome for their investments,”

Gould Wealth Management employs 11 advisers across nine offices from Kerikeri to Invercargill. Spicers employ 48 advisers in 25 locations throughout New Zealand

The company provides investment, retirement, tax, estate planning and risk management advice and services to thousands of individuals, families, charities and trusts. It was one of the first financial planning firms to be established in New Zealand when it was created in 1987.

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For further information, please contact:

Ralph Little
Spicers Portfolio Management
DDI: 09 374 1845
Mob: 021 877795
Email: Ralph.little@spicers.co.nz