About Ord Minnett (Ords)

A Proud Heritage of Excellence

Building Wealth for Generations

Ord Minnett (Ords)

A PROUD HERITAGE OF EXCELLENCE

Ord Minnett (Ords) is a leading Australian wealth management group, incorporating full-service stockbroking, financial planning, funds management and portfolio services. Founded in 1951 by Charles Ord and Jack Minnett after meeting in the Australian Imperial Force in the Second World War, Ords has grown via strategic mergers and acquisitions of Australian financial firms with corporate origins dating back to 1872. Focused on service excellence, Ord Minnett is a highly respected name in the Australian investment landscape.

Ord Minnett Recent Ownership Restructure

IOOF's Divestment from Ord Minnett

On 27 June 2019, an ASX announcement detailed IOOF’s planned divestment of its 70 per cent shareholding in Ord Minnett to a consortium of Australian private investors. The consortium acquired J.P. Morgan’s 30 per cent stake, enabling it to take full ownership of Ord Minnett.

The consortium was led by Karl Morris, Ord Minnett CEO, who was committed to achieving the best outcome for clients, staff and Ord Minnett. The buyout was concluded in September 2019 securing our future as one of Australia’s largest independent private wealth firms. Our competitive advantage is enhanced by the domestic investors with parties aligned to our business values and future growth. Our relationship with J.P. Morgan remains strong and is mutually beneficial with continued access to its research and corporate deal flow.

Ord Minnett acquires E.L. & C. Baillieu

On 5 November 2020, Ord Minnett announced they entered into an agreement to acquire 100% of E.L. & C. Baillieu.

The acquisition of E.L. & C. Baillieu, with nine locations around Australia including Melbourne as its head office, was a welcomed strategic move, further strengthening Ord Minnett as one of Australia’s highly respected and largest independent private wealth firms.

The combination of E.L. & C. Baillieu’s brand heritage and history, private stockbroking business, its adviser network, its client-base and operational synergies enhances Ord Minnett as a respected Australian wealth brand. The scale benefits and self-clearing of the two businesses will allow us to be leaders in financial advice. This new amalgamation serves to benefit Australian investors and clients for many more generations to come.

As of 31 January 2021, including E.L. & C. Baillieu’s figures, Ord Minnett manages over $59 billion in Funds under Advice and $13 billion in Funds under Management.

"Through prudent investment advice and market analysis, Ord Minnett has been building the wealth of investors for generations."

Proud Heritage

Founded by Charles Ord and Jack Minnett in 1951, Ords has a proud history with corporate origins dating back to 1872.

Funds Under Advice

Through prudent investment advice and market analysis, Ords has over AUD$59 billion in total Funds under Advice (FUA) as of 31 January 2021.

Service Excellence

Ords' clients benefit from full-service stockbroking, financial planning, portfolio services and access to unique investment offerings.

Ord Minnett People

Dedicated and experienced team providing best-in-class advice and service to clients

300

Private Client Advisers

12

Locations

7

Retail Research

14

Corporate Finance

16

Institutional Research

11

Institutional Equities Sales

With over 300 Private Client Advisers and over 200 support staff in functional areas of research, operations, portfolio administration and reporting, IT, compliance, finance and risk assessment, Ords staff are dedicated to meeting Australian investors and clients investment ambitions.

news

Company Announcements

Announcing the launch of Ord Minnett's redesigned website. We are very pleased to announce the launch of our newly designed website.We welcome our

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Acquisition Announcement: Ord Minnett acquires E.L. & C. Baillieu. Ord Minnett, a leading Australian wealth management group, and E.L. & C. Baillieu, a prominent

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history

Proud Heritage & History

Ord Minnett has been a part of the Australian stockbroking industry since the 1800s. Founded by Charles Ord and Jack Minnett with corporate origins dating back to 1872.


leadership team

Board Members

  • The Hon. Warwick Smith AO

  • Karl Morris AO

  • John Faros Wilson

  • Ross J Blair-Holt

  • Robert Cloughton

Hon.Warwick Smith Chairman Ord Minnett Ords

The Hon. Warwick Smith AO - Chairman

Warwick Smith is the Chairman of Ord Minnett Investments Limited. Warwick also holds the positions of Chairman Advisory Board - Australian Capital Equity; Director of Seven Group Holdings; Chairman of AIM Funds and he is a Director of Estia Health Ltd.

Warwick has served as Chairman of the Australia-China Council for over eight years and was the inaugural Chair of the National Foundation for Australia-China Relations. He is the Chairman of the China Leadership Group of the Business Council of Australia.

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Formerly, he was a Director of Coates Hire and Chairman of E*TRADE. For more than a decade, he held numerous senior executive and board positions at ANZ Banking Group in the Asia-Pacific region and was a member of the Institutional Bank Executive. Prior to that, he was an Executive Director with Macquarie Bank.

Warwick was an Australian Federal Government Minister with a parliamentary career spanning 15 years. He was also Australia's first Telecommunications Ombudsman and has received a Centenary Medal and twice been awarded an Order of Australia.

Executive Team

The Executive Team at Ord Minnett draw on decades of professional investment market experience gained with blue-chip financial brands. They drive the corporate vision that has seen the continued success of Ord Minnett in Australia and Hong Kong.

  • Karl Morris AO

  • Philip chu

  • George Deva

  • Ben Neville

  • Ross Baildon

  • Gary Deegan

  • Nick Burmester

  • Steven Boggiano

  • Stewart Calderwood

  • Trent Donnelly

  • Simon Kent-Jones

  • Robert Thomson

  • Malcolm Wood

Karl Morris

Karl Morris AO - Chief Executive Officer & Managing Director

Karl Morris is the Chief Executive and Managing Director of Ord Minnett Ltd, with a career spanning over 30 years in financial services and wealth management. He is a Commerce graduate of Griffith University and holds diplomas from the Stockbrokers and Financial Advisers Association of Australia, FINSIA and the Australian Institute of Company Directors. He was awarded an officer of the Order of Australia (AO) on Australia Day 2019, for distinguished service to the financial and stockbroking sectors, and to the community through a range of organisations.

Karl is Chairman of the Brisbane Broncos Ltd, Chair of Bravehearts Foundation Fund, Chair of the Mary MacKillop Brisbane Catholic School Access Fund and Chair of the American Chamber of Commerce in Australia (AmCham) Council of Governors in Queensland. His other Board memberships include Australian Catholic University, J.P. Morgan Australia Advisory Council and National Vice Patron of Bravehearts. He is a Master Member (and former Chair 2012-2018) of the Stockbrokers and Financial Advisers Association of Australia, and former Chairman of QSuper (2013-2019). He also sits on the Investment Committees of the Catholic Archdioceses of Brisbane and Sydney.

Get in Touch

Start a Conversation with an Ord Minnett Adviser today.


'Building Wealth for Generations'

150 years +

Proud History & Heritage

300

Advisers

12

Offices

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