Former BNZ bankers back new advice firm
Donna Nicolof, who previously headed up BNZ's Private Bank has established a financial advisory firm with other former bank staff.
Joining her at Paua Wealth are Chris Glackin and Belina Teoh.
The new business is described as an independent, boutique wealth advisory firm for wholesale investor clients including high net worth individuals, family offices, select not-for-profit foundations and trusts.
Pāua Wealth Management has created a business model to support the independence and integrity of its advice and remove potential conflicts of interest, Nicolof says. She has said no to product commissions or referral fees in favour of a fees-for service approach.
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