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AXA makes play for Gould but game still on

Tuesday 10th of February 2009

Jeff Staniland, head of Gould Wealth Management (GWM), says the advisory group has been in talks with a number of “large and small financial organisations” regarding a potential sale no deal has yet been inked.

Despite describing GWM as one of his firm's “new channels” in an analyst briefing late last year, Ralph Stewart, AXA New Zealand chief, also confirmed that no purchase contract had been signed.

“We've been talking [with GWM] for a while and we hope something comes of it,” Stewart said.

He said his comments in the analyst briefing that AXA would “grow our relationship with new alliance partner Gould Wealth Management” were “reflective of discussions” at the time.

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