Forsyth Barr acquires advice firm

The business, founded by Hawke’s Bay born and raised Stuart Pearse, will become part of Forsyth Barr’s Hastings office on November 1.

Pearse will continue in his role as an investment adviser.

Forsyth Barr managing director Neil Paviour-Smith said the company was excited to have someone of Pearse’s calibre and experience joining the Hawke’s Bay team and looked forward to welcoming his existing clients to the firm.

“Stuart has a wealth of experience in value investing and investment management. He has built a strong business in Hawke’s Bay and Wairarapa, and we know his clients will continue to benefit from Stuart’s portfolio management skills, backed by the expertise and breadth of Forsyth Barr,” he said.