AXA makes play for Gould but game still on
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.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.