JBWere announced today it has entered into a new strategic research and distribution alliance with investment bank, Moelis Australia.
The non- exclusive arrangement will allow JBWere’s Australian clients to access a broader range of equity deals and Initial Public Offerings. Additionally, JBWere clients will benefit from access to Moelis’ specialist investment research, covering over 60 companies in Australia with a strong focus on small/mid cap companies and the real estate sector.
JBWere Chief Executive Officer, Justin Greiner, said “We are committed to providing a market leading and differentiated service to our private wealth clients”.
“This alliance with Moelis Australia is another important step forward for our business, extending what is already a comprehensive offering to our clients. We are excited to have the opportunity to partner with another leader in the financial services industry”, Mr Greiner said.
Andrew Pridham, Chief Executive Officer of Moelis Australia, said “We are delighted to establish this alliance with JBWere given it is such an established and respected private wealth manager. We look forward to working with their network to deliver both our differentiated small and mid-cap equity research and access to our pipeline of Equity Capital Market transactions”.
The alliance with Moelis Australia is part of JBWere’s strategic plan to diversify its research and distribution arrangements. Earlier this year, JBWere announced a non-exclusive arrangement with investment bank, UBS.
JBWere is a leading private wealth manager providing wealth strategy, advice and investments to Australia and New Zealand’s most successful people, companies and for-purpose organisations. The company has more than 500 people across its nine offices and over $45b in assets under advice. JBWere is part of the NAB Group.
Moelis Australia is one of the leading ECM investment banks for advising small to medium sized companies on secondary issuance and initial public offers. Moelis Australia has raised over $5.5 billion in total across 57 transactions since inception in 2009.