Register  
 
 
 
 
 
BBY expands with Stonebridge acquistion
Tuesday, 14 June 2011 11:45am

BBY has announced it has signed a sale and purchase agreement to acquire the StoneBridge Private Client Adviser network, staff and product platforms.

The StoneBridge Group is a boutique investment firm with over 15 years experience in the Australian public and private markets and its team comprises of over 200 staff, including 110 investment advisers.

Australian-owned BBY has previously built market share on the strength of its corporate, research and institutional businesses and the acquisition is an important strategic development for BBY.

The acquisition will provide BBY's entry into the Perth, Adelaide and Gold Coast markets and will also add a substantial distribution capacity for BBY's equity capital markets businesses.

"StoneBridge represents a tremendous strategic fit with BBY, as it allows BBY to complement our existing institutional equities strengths with a substantial Private Client business and further expand our product offering to clients," said BBY CEO and Managing Director Glenn Rosewall.

"The Advisers that are coming across from StoneBridge are providing excellent services in equities and options trading, Futures, FX, CFDs and derivatives.'

It is expected that StoneBridge teams will join BBY in late July, 2011.

BBY is an Australian focused stockbroking, corporate advisory and asset management firm with offices in Sydney, Melbourne, UK and UAE along with a global presence in the USA and Asia.

News Search   
VideoBrought to you by
Developing investment opportunities
Given the evolution of Australian Equities funds over the last 10 years, how has the Growth team's investment strategy remained relevant? Watch video
How to distribute 8% per year from global equities
Investor needs have not changed, what has changed is the level of income available from traditional yield sectors such as cash and bonds. This presentation will cover in detail how investors can diversify ... Watch video
MAX
We invite you to the 2014 Marketing, Advertising and Sales Excellence (MAX) Forum and Awards, the premiere event for financial services professionals who are raising the standards in marketing, sales and ... Watch video
Betashares high interest cash ETF
The Betashares high interest cash ETF is currently returning significantly above the default cash rates offered on the larger wrap platforms. Learn more about this product in this exclusive video featured ... Watch video
Get it
Daily
FREE to your inbox, get the Financial Standard Daily Email.
Get the Free
iPad app
Download the Financial Standard iPad app for FREE
Industry
Events
APR
16
MAY
28
Asset Allocation 2014 Forum in Sydney,
29
2014 Annual Stockbrokers Conference
JUN
18
MAX: the Marketing, Advertising and Sales Exellence Forum and Awards
APR
16
PM CAPITAL Adviser Roadshow
28
FPA TASA road shows
News
Bites

$245 (inc GST) for 1 year
 
 
About Us
Contact Us
Privacy Policy
Terms & Conditions
Comments Policy
Events Calendar

Register
Archive
CPD Login
Register

Managed Funds
- Australian
- Global
Superannuation Funds
- Specialist
- Diversified
"Guide To" Series
Product Launches
Showcases

Home
Shows
Learning
Events
Profiles
Showcase
Platform Report
Mandate Chaser
Roundup
Advantage
Benchmarking

FS Advice
FS Super
FS Private Wealth
Copyright © 1992-2014 Rainmaker Group
All material on this site is subject to copyright. All rights reserved. No part of this material may be reproduced, translated, transmitted, framed or stored in a retrieval system for public or private use without the written permission of the publisher.
Link to something WgX3pOrv