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Draft:Jarden

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  • Comment: Please cite more secondary sources with significant coverage of the subject. GrabUp - Talk 07:04, 22 September 2024 (UTC)

Jarden Group
Company typePrivate company
IndustryFinancial services
Founded1961
FounderRon Jarden
Headquarters
Commercial Bay, Auckland
Key people
Fraser Whineray (Executive chairman)
ProductsInvestment banking
Securities brokerage
Securities research
RevenueIncrease NZ$306M (2024)
Websitewww.jarden.co.nz

Jarden (formerly FNZC, or First New Zealand Capital) is an Australasian investment banking, wealth management and financial services firm based in New Zealand.

Jarden is headquartered in Auckland and operates regional offices across New Zealand, with a growing investment banking presence in Sydney and Melbourne.

History

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Jarden was founded in 1961 by Ron Jarden as R.A. Jarden & Company.

In March 2019, FNZC rebranded to Jarden to unify its purpose and reflect its nearly 60-year history, honouring founder Ron Jarden.[1]

In December 2023, Jarden restructured its wealth management division, forming FirstCape in partnership with BNZ, JBWere, and Harbour Asset Management,[2] creating a firm with $44 billion in managed funds.[3]

According to the Australian Financial Review, as of April 2024 Jarden's Australian business turned its first profit of A$18.4 million.[4]

In June 2024, Fraser Whineray, former chief executive of Mercury and chief operating officer of Fonterra, joined the Jarden Group board as executive chair, succeeding Bill Trotter, who stepped aside after 22 years in the role.[5]

References

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  1. ^ "Investment bank to adopt name of All Black founder". NZ Herald. 2024-09-22. Retrieved 2024-09-22.
  2. ^ https://www.harbourasset.co.nz/
  3. ^ "FirstCape: New investment entity will manage $44b worth of funds". RNZ. 2023-12-14. Retrieved 2024-09-22.
  4. ^ "Jarden's local investment bank turns profit after heavy cost cuts". Australian Financial Review. 2024-04-16. Retrieved 2024-09-22.
  5. ^ "Jarden's Bill Trotter steps aside, another Whineray steps in". NZ Herald. 2024-09-22. Retrieved 2024-09-22.

Category:Financial services companies of New Zealand Category:Companies based in Auckland Category:Privately held companies of New Zealand