FNZ takes stake in Kiwi advisory firm
Global administration giant FNZ has taken an ownership stake in an Auckland-based financial advice firm.
Tuesday, October 25th 2022, 12:00PM 
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by Kerry Meadows-Bonner
Independent wealth advisory firm Pāua Wealth Management has secured FNZ as a minority shareholder and partner.
The move is part of a continued journey for Pāua Wealth Management and with FNZ onboard it means there is support in helping grow the company’s future ambitions.
FNZ is a global company with over 30 locations worldwide including Europe, North America and Asia Pacific and still has significant operations in New Zealand with offices in Wellington and Auckland.
With FNZ also a growth focused company and on a mission to “open up wealth” in a bid to make personal wealth more transparent and sustainable, their commitments to transparency and independence align with Pāua Wealth Management and only serves to strengthen the focus on achieving long term outcomes for clients.
Pāua chief executive and co-founder Donna Nicolof says FNZ are a real success story with a significant global footprint who continue to invest in their platform and growth.
“Pāua will benefit from access to capital to not only attract the best people, but support acquisition opportunities and expand our global network.”
“This is an exciting time in our journey, given the number of people seeking independent financial advice as they sell businesses or transition to the next generation.”
With the new strategic partnership, FNZ’s investment will not change Pāua’s employee controlled independent model, and Pāua remains unwavering in their commitment to deliver independent financial advice.
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